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Intermodal Weekly Market Report [W28]

In February 2024, we discussed the impact of the integration of the Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII) regulations,...

Yangzijiang Shipbuilding working to acquire over 866,671 sqm of land for new clean energy ship manufacturing base

Yangzijiang Shipbuilding is working to acquire land use rights of about 1300 Chinese mu – or 866,671 sqm – of land in Jiangsu Province,...

WFW advises ABN AMRO & ING on $245M loan to Tsakos Energy

Watson Farley & Williams advised ABN AMRO BANK N.V. and ING BANK N.V. on a US$245m term loan facility granted to Tsakos Energy Navigation Limited for...

OceanPal announces agreement to acquire an MR2 tanker vessel

OceanPal, a global shipping company specializing in the ownership of vessels, announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of...

Shipowner denies Houthi attack claim

Yemen’s Houthis did not attack the Cyprus-flagged Olvia tanker in the Mediterranean, the ship’s owner told Reuters on Tuesday, while maritime security sources said...

16 missing after oil tanker ‘Prestige Falcon’ capsizes off Oman

The 16-strong crew of a Comoros-flagged oil tanker that capsized off Oman are still missing, the country’s maritime security centre said on Tuesday, a...

Performance Shipping secures sale and leaseback agreement for newbuild LR2 Aframax tanker

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

OOCL announces operational update for the 2nd Quarter 2024

Orient Overseas Container Line (“OOCL”) announced its unaudited operational update for the second quarter ended 30th June 2024. For the second quarter ended 30th June...

Rio Tinto releases second quarter production results

Rio Tinto Chief Executive Jakob Stausholm said: “Our operational performance continues to progress. While there are still significant improvements ahead, we are beginning to...

Greece extends naval drills that deter Russian oil transfers

Greece is again extending the naval drills that have largely deterred transfers of Russian oil near its coastline and forced them to other hubs...

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Mitsui O.S.K. Lines: Second-quarter revenue up 24.5 pct

On November 9, Japanese shipping giant Mitsui O.S.K. Lines announced its financial results for the second quarter of fiscal year 2026. For the three...

DHT Holdings reports third quarter 2026 results

DHT Holdings, Inc. announced third quarter 2026 results.

Global Ship lease reports results for the third quarter of 2026

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and nine-month periods ended September 30, 2026. Third Quarter of...

Safe Bulkers announces Q3 & 9M 2026 results and declares dividend on common stock

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and nine-month periods ended September 30,...

Havila Shipping ASA: Request from DNB, Swedbank and Danske Bank for Attachment Liens

Reference is made to the stock exchange announcement dated 19 October 2026 regarding the ruling by the Borgarting Court of Appeal in favour of...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

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...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

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...