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Iron ore snaps four-day decline on lower shipments

Dalian iron ore futures prices snapped a four-session losing streak to end higher on Thursday due to a fall in global shipments, although lingering...

Baltic Index extends gains to hit over two-week high on strong vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to a more than two-week high on...

Wallenius Wilhelmsen delivers another strong quarter

Wallenius Wilhelmsen continued a steady course through Q3, reporting an adjusted EBITDA of USD 471m. Total revenue for Q3 was USD 1,331 and adjusted EBITDA...

Greek shipowners: New wave of investments in tankers

Greek shipowners have boosted orders for tankers, taking advantage of the momentum given to them by their high liquidity, as well as the strong...

Suez Canal Authority denies role in detention of sanctioned Russian tanker

In response to circulating news reports regarding the Suez Canal Authority's detention of the vessel "DIGNITY" at the Suez Port anchorage, the Suez Canal...

Ardmore Shipping Corporation announces financial results for the three and nine months ended September 30, 2025

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2025. Highlights and Recent Activity Reported Adjusted earnings of $12.6 million and...

Maersk launches its latest and largest warehouse in Asia Pacific

Maersk has officially opened its largest contract logistics facility in Asia Pacific, the Maersk Mega Distribution Centre (DC), boosting its warehouse footprint by more...

NORDEN signs two-year contract with US wood pellet producer

NORDEN has signed a two-year Contract of Affreightment (COA) with Enviva to transport a significant volume of wood pellets from the United States to...

Navios Partners sells oldest VLCC for USD 52.5 million

Navios Maritime Partners has reportedly sold the Nave Quasar (297,000 dwt / 2010) to an undisclosed buyer at the price of USD 52.5 million. The...

EuroHoldings announces agreement to acquire one 49,997 DWT Product Tanker Vessel, M/T Hellas Avatar, built in 2015

EuroHoldings, an owner and operator of ocean-going vessels and provider of seaborne transportation, announced that it has signed a Memorandum of Agreement (MoA) to...

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Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has...

Dorian LPG declares irregular cash dividend of $1.25 per share

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared...

Capital Clean Energy Carriers announces third quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the third quarter ended September 30, 2026. Key Highlights Took...

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...

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%...