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Costamare Bulkers Holdings Posts H1 2025 Net Loss of $26.5 million

Costamare Bulkers Holdings Limited reported unaudited financial results for the six-month period ended June 30, 2025. Costamare Bulkers had no operating activity during the first...

Shelf Drilling announces new long-term contract in the Dutch North Sea

Shelf Drilling, announced that a subsidiary of Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea” or “SDNS”) has secured a contract for the...

SEACOR Marine announces strategic sale of vessels

SEACOR Marine Holdings, a leading provider of marine and support transportation services to offshore energy facilities worldwide, announced that it has entered into definitive...

A.P. Møller – Mærsk A/S – Initiates second phase of share buy-back program

As announced on 5 February 2025, A.P. Møller - Mærsk A/S has decided to launch a share buy-back program of up to DKK 14.4...

Centrofin Management orders kamsarmax bulkers at Hengli

Centrofin Management has reportedly placed an order for two bulk carriers at a Chinese shipyard. Specifically, the shipping company agreed to build a pair of...

Contships Logistics reports financial results for the second quarter and six months ended June 30, 2025

Contships Logistics announced its unaudited financial and operating results for the three and six months ended June 30, 2025.HighlightsFleet Composition- During the first six...

Seanergy returns to profitability in second quarter

Seanergy Maritime reported second quarter and first half financial results for the periods ended June 30, 2025.

Star Bulk posts slim profit for second consecutive quarter

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2025.

Baltic index hits near three-week low as larger vessel rates fall

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week low on...

Maersk raises full-year guidance amid volatile external environment

A.P. Moller - Maersk A/S (Maersk) achieved strong results in the second quarter with revenue growth of 2.8% and EBIT reaching USD 845m. While...

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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...