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Contships posts Q4 profit; reveals sale of 20 vessels

Contships Logistics Corp., announced its unaudited financial and operating results for the three and twelve months ended December 31, 2025. Highlights Fleet Composition - During the year...

Port of Virginia expands ultra-large containership capacity at Norfolk

The Port of Virginia is continuing to modernize and expand its operation and recently debuted additional capacity to safely handle simultaneous calls of ultra-large...

DYNAMARINe – Maran Shuttle Tankers Collaboration

DYNAMARINe announced the integration of the Maran Shuttle Tankers fleet, owned by the Angelicoussis Group, interests of Maria Angelicoussis, into the DYNAMARINe STS Service...

NORDEN reports net profit of USD 120 million (DKK 796 million) in FY 2025 29/2026

Group net profit amounted to USD 120 million in 2025, driven by both the dry cargo and tanker units. USD 50 million came from...

Hapag-Lloyd and Maersk to transit Red Sea with one Gemini service

A.P. Moller - Maersk and Hapag-Lloyd have decided to change the routing of one of their shared services under the Gemini Cooperation, transitioning it...

KESTO secures first contracts with Vestas in South Korea

The ESVAGT and KMC Line joint venture, KESTO, will provide offshore service logistics for Vestas on Shinan-Ui offshore windfarm. KESTO, the new joint venture between...

Wärtsilä to further expand its production capacity in Finland by 35% to meet global increase in demand in energy and marine

Technology group Wärtsilä will invest approximately EUR 140 million to further expand its production capacity by 35% at its technology centre, Sustainable Technology Hub...

United Overseas Trading acquires certain entities of the Norvic Shipping platform

United Overseas Trading, a wholly owned subsidiary of United Overseas Group, announced that it has acquired certain entities from Norvic Shipping, specifically, the entire...

Pistiolis linked to order for 10 MR tankers in China

Central Group, owned by Evangelos Pistiolis, has agreed to build ten MR product tankers, according to industry sources. More specifically, the shipping company has reportedly...

Posidonia 2026 set to break all records as duration of shipping gathering extends

Posidonia to include exhibition, conferences, networking, social and sporting events over 3 week period to welcome thousands of exhibitors and visitors from some 140...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...