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HD Hyundai Heavy Industries continues pursuit of U.S. Shipyard Acquisition

HD Hyundai Heavy Industries has announced its intention to pursue the acquisition of a U.S. shipyard while stating that it is not considering additional...

Hansson family raises stake in NAT

The Hansson family has raised its stake in Nordic American Tankers (NAT). According to an official announcement: Non-Executive Vice Chairman and Board member of NAT, Alexander...

SAL Heavy Lift expands fleet with Semi-Submersible Vessels

SAL Heavy Lift announced a further expansion of its deck carrier fleet. The German heavy lift and engineering specialist has acquired two semi-submersible deck...

EXMAR Orders 4 Suezmax Tankers

Exmar NV announced that it has placed an order for 4 newbuild Suezmax tankers, with an option to order 4 more. The vessels will be...

CMA CGM acquires rail logistics firm Freightliner UK

CMA CGM on Monday announced the acquisition of Freightliner UK Intermodal Logistics, a rail logistics specialist, as the French shipping group continues to expand...

Polaris International breaks into bulkers

Polaris International announced it has entered the dry bulk shipping sector with the launch of Polaris Bulkers, building on the company’s solid reputation in...

Hanwha appoints Former U.S. Deputy National Security Advisor as Global Chief Strategy Officer

Hanwha Group, a global leader in defense, shipbuilding, and energy solutions, has appointed Alex Wong as Global Chief Strategy Officer (CSO) to lead the...

Iron ore firms as increased building materials demand lift steel output

Iron ore futures prices advanced on Monday, as blast furnace steel production increased amid rising demand for building materials ahead of China’s National Day...

Baltic freight index eases, with weakness across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged down on Monday, with weakness seen...

Allseas awarded Brae Alpha decommissioning contract

TAQA UK has awarded Allseas the contract for the engineering, preparation, removal and disposal (EPRD) of the Brae Alpha platform in the UK Central...

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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...