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Environment

Global Shipping in The Crosshairs as Environmental Scrutiny Deepens

Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonisation of the shipping industry and companies...

Nakilat publishes inaugural ESG Report

Nakilat announced the publication of its inaugural Environmental, Social, and Governance (ESG) Report 2020. The report presents a snapshot of the company’s ESG progress covering...

bp and Maersk Tankers Carry Out Successful Marine Biofuel Trials

B30 biofuel tested as ‘drop-in-fuel’ on two tankers, validating its potential to help cut carbon emissions in shipping. bp and Maersk Tankers, with support...

Shipbuilders accelerate drive to make eco-friendly vessels

A growing number of shipbuilders are turning to eco-friendly vessels as the shipping industry will face strengthened requirements on carbon emissions in the coming...

Kawasaki Heavy Industries Sets Sights on Carbon Neutrality in 2030

Japan’s Kawasaki Heavy Industries said it aims to achieve carbon neutrality in its domestic factories and offices in 2030 by using electricity generated by...

CDP Confirms Euronav ‘B’ Score For Actions Against Climate Change

Euronav NV announced that it has been awarded a B score for taking coordinated action on climate issues by the Carbon Disclosure Project (CDP)....

Eagle Bulk Shipping partners with Goodfuels to take on biofuels

Eagle Bulk Shipping has successfully completed a fossil-free voyage in partnership with transport biofuels provider GoodFuels. The 63,529 DWT bulk carrier Sydney Eagle was bunkered...

Crowley Announces 2050 Net-Zero Commitment

Crowley has committed to net-zero greenhouse gas emissions across all scopes by 2050, pursuing a path aligned with the latest climate science to limit...

Boskalis consortium secures research grant to advance emission-free shipping

A broader maritime consortium in which Boskalis is participant has been awarded a EUR 24 million grant to conduct research into accelerating the use...

Kirby to Pay $15.3 Mln in Damages Over Houston Ship Channel Oil Spill

Houston, Texas-based Kirby Inland Marine agreed to pay $15.3 million in damages and assessment costs to resolve federal and state claims for harm to...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...