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PETRONAS, MISC and MOL announce landmark joint venture to advance cross-border CO2 transportation

PETRONAS CCS Ventures, MISC Berhad , and Mitsui O.S.K. Lines, announced the incorporation of a strategic joint venture, Jules Nautica Sdn. Bhd. This JV...

Globus Maritime Limited reports financial results for the quarter ended March 31, 2025

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2025. Revenue $8.6 million...

Performance Shipping secures long-term time charter contract at us$23,750 per day with Μercuria for LR1 newbuilding tanker

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered...

Intermodal Weekly Market Report [W24]

The escalation in mid-June 2025, marked by Israeli strikes against Iranian military and energy infrastructure and Iran’s subsequent missile and drone reprisals, has heightened...

Dalian iron ore steady as traders assess mixed Chinese macro data

Dalian iron ore was little changed on Tuesday as traders assessed mixed macroeconomic data and resilient steel demand from top consumer China. The most-traded September...

Baltic Index down on weaker rates for large vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, fell on Tuesday on weaker rates for large...

TEN posts strong Q1 results; EBITDA at $103 million

TEN reported results (unaudited) for the quarter ended March 31, 2025. Q1 2025 SUMMARY RESULTS TEN generated revenues of $197.1 million and operating income of $60.6...

Celestyal unveils for the first time the new cabins of Celestyal Discovery – an investment with a strong Greek footprint supporting the domestic shipbuilding...

Celestyal has released the first official images of its enhanced cabin offering onboard Celestyal Discovery, following the ship’s second extensive winter refit in Athens...

“K” LINE and Yinson Production partner to jointly develop and market FSIU and liquefied CO2 carrier solutions

“K” LINE ENERGY SHIPPING, a London-based subsidiary of Kawasaki Kisen Kaisha, and Yinson Production have entered into an agreement to jointly develop and market...

Tzitzikostas outlines the EU Commission’s priorities for shipping

The European Commission’s key strategies regarding the maritime industry were presented by the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, during an...

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Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces its results for the three months...

SFL – Third quarter 2026 results

SFL Corporation Ltd. announced preliminary financial results for the quarter ended September 30, 2026. Highlights 91st consecutive quarterly dividend declared, $0.22 per share Total operating revenues of...

Wallenius Wilhelmsen delivers solid results in Q3

Wallenius Wilhelmsen reported an adjusted EBITDA of USD 428m in the third quarter. “We delivered a strong third quarter, with solid demand and performance...

TORM plc Q3 2026 results, dividend distribution, and financial outlook 2026

“Favorable market conditions, healthy transportation demand, and strong execution contributed to a strong third quarter,” said Jacob Meldgaard, CEO of TORM, adding, “We remain...

Matson announces third quarter 2026 results and raises full year outlook

Matson, Inc., a leading U.S. carrier in the Pacific, reported net income of $209.4 million, or $6.96 per diluted share, for the quarter ended September 30, 2026. ...

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 Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

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...