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Ocean Yield maintains solid profitability in Q1

Ocean Yield announced results for the first quarter 2025. Highlights EBITDA for Q1 2025 was USD 51.4 million and Adjusted EBITDA was USD 91.6 million. Net profit...

Navigator Gas announces preliminary first quarter 2025 results unaudited

Navigator Gas announces preliminary first quarter 2025 results. The Board of Navigator Holdings declared a cash dividend of $0.05 per share of the Company's...

Okeanis Eco Tankers reports financial results for the first quarter of 2025

Okeanis Eco Tankers reported its unaudited condensed financial results for the first quarter of 2025. Financial performance of the First Quarter Ended March 31, 2025                ...

Iron ore hits more than 5-week high on Sino-US trade truce optimism

Iron ore futures climbed to their highest in more than five weeks on Wednesday, driven by moves from the United States and China to...

Baltic Index extends declines on lower capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell for a second straight session...

Danaos Corporation reports first quarter results for period ended March 31, 2025

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, reported unaudited results for the three-month period ended March...

Egypt’s Suez Canal offers 15% discount for big container ships to win back trade

Egypt’s Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to...

NORDEN expands MPP fleet, reinforcing growth in Projects & Parcelling

NORDEN has signed agreements for two additional 17,500 dwt Multi-purpose (MPP) newbuilding leases with purchase options, with expected deliveries in 2026 and 2027.These follow...

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

Crowley’s Copán expands shipping capabilities for U.S., Central America and Caribbean

Copán, the second vessel in Crowley's Avance Class fleet of LNG-powered containerships, has begun its inaugural commercial operations from the Port of Jacksonville, Florida...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...