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Baltic edges up on stronger capesize and panamax vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged up on Tuesday, supported by higher...

Cyprus shipping remains cornerstone of national economy, says chamber leader

Cyprus’ shipping sector remains a cornerstone of the national economy, according to the president of the Cyprus Shipping Chamber (CSC) Andreas Neophytou. Neophytou’s comments were...

Höegh Autoliners EBITDA expected at lower end of guidance range

Shipping company Höegh Autoliners transported 1.3 million cubic meters of cargo in September, totaling 4 million cubic meters during the third quarter. The average freight...

Capital Offshore and UOS form ship management JV to create UOS Capital

The Greek shipowner Capital Offshore will acquire 50% of the shares in UOS from Hayfin, creating upon completion of the transaction, the new “UOS...

Ports are key factors in the green and digital transition

In a period of geopolitical turmoil and European changes, the new president of the Hellenic Ports Association (ELIME), Apostolos Kamarinakis, is drawing up a...

Noble’s drillships win US Gulf extensions with BP

Noble announced that the drillships Noble BlackLion and Noble BlackHornet have each been awarded two-year contract extensions with bp in the U.S. Gulf. The...

ICTSI agrees 25-year extension for Subic Bay Container Terminals

Subic Bay International Terminals Corp. (SBICT) and ICTSI Subic Inc. (ISI), both subsidiaries of International Container Terminal Services, Inc. (ICTSI), have secured a 25-year...

Danaos Corporation announces senior notes offering

Danaos Corporation announced that it plans to commence an offering of up to $500 million of Senior Notes due 2032, subject to market conditions...

Maritime Cyprus 2025 to be held on October 6-8

Cyprus will be at the center of the maritime industry as part of the Maritime Cyprus 2025, according to Cyprus’ Deputy Minister of Maritime...

Stolt-Nielsen Limited: Fixed income investor meetings

Stolt-Nielsen Limited has mandated Danske Bank, DNB Carnegie, Fearnley Securities and Nordea to arrange a series of fixed income investor meetings commencing today, October...

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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%...