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Baltic Index hits over two-week low but posts quarterly gain

The Baltic Exchange’s dry bulk sea freight index fell to a more than two-week low on Tuesday as vessel rates declined across the board,...

Piraeus Port sees 1H2025 revenue & profit increase

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Solstad Maritime ASA – Contract extension for CSV Normand Ocean

Solstad Maritime ASA announced a 1-year contract extension for the CSV “Normand Ocean” with DeepOcean. The contract commences 1 January 2026, in direct continuation of...

Yangzijiang Shipbuilding bags eight contracts worth $567.6m

Yangzijiang Shipbuilding has secured additional shipbuilding contracts for eight vessels with an aggregate contract value of $567.6m (US$440m). In a bourse filing, the company said...

Scorpio Tankers announces agreements to sell two LR2 product tankers and an update on its outstanding debt

Scorpio Tankers announced that it has entered into agreements to sell two vessels and provided an update on its outstanding debt. Vessel Sales The Company has...

Carnival raises annual profit forecast on resilient cruise demand, high costs loom 

Carnival Corp raised its annual profit forecast on Monday, leaning on strong demand and higher ticket prices for its cruise vacations to offset mounting...

Seacon Shipping to acquire 40% stake in CIMC Xinde Leasing and provide guarantee

Seacon Shipping Group Holdings Limited announced that its wholly owned subsidiary has agreed to acquire a 40 percent equity interest in CIMC Xinde Leasing...

Capital Containers linked to containerships order in South Korea

Capital Containers Ship Management has reportedly ordered three additional containerships at HD Hyundai Mipo, South Korea, according to broker reports. The order is for two...

Diana Shipping announces time charter contract for m/v DSI Aquila with Bunge

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned subsidiary,...

Costamare Bulkers Holdings Limited announces strategic cooperation agreement with Cargill International SA

Costamare Bulkers Holdings Limited announced that it has signed a Strategic Cooperation Agreement with Cargill International S.A. Under the Agreement, the Company has agreed to: Transfer...

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WISTA International elects new president and champions cross-border collaboration at conference in Kuala Lumpur

WISTA International has elected Céline Mortier as its new President. The former WISTA Belgium President and CEO of maritime provider Bogerd Martin was formally...

Contships Logistics reports Q3 & 9M 2026 results

Contships Logistics Corp. announced its unaudited financial and operating results for the three and nine months ended September 30, 2026. Highlights Fleet Composition -During the first nine...

Navios Maritime Holdings increases tender offer price to $16.00 and extends the expiration date of cash tender offer to purchase Series G and Series...

Navios Maritime Holdings Inc. announced that it is amending its previously announced tender offer to purchase any and all outstanding Series G and Series...

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...

DryDel: Investment drives competitiveness

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

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...

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...

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...