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Iron ore struggles for direction as China data counters soft demand outlook

Prices of iron ore futures struggled for direction on Wednesday as support from improved economic data in top consumer China partially offset lingering pressure...

Europe’s gas surplus narrows as LNG redirected to Asia

Europe’s gas storage has got off to an unusually slow start to the refill season, narrowing the record seasonal surplus inherited from last winter...

Houthis say they targeted Greek-owned ship damaged in Red Sea

Iran-allied Houthi militants on Wednesday took responsibility for small watercraft and missile attacks that left a Greek-owned cargo ship taking on water and in...

Frontline CEO sees ships avoiding red sea even with a ceasefire

It’s “naive” to assume merchant vessels will start sailing through the Red Sea again if there’s an agreement to end the war between Israel...

Newbuilding prices climb 3% to highest level in 16 years

“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in...

Baltic index inches up as panamax gains offset capesize losses

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged higher on Wednesday as gains in the...

EU proposes to sanction Sovcomflot to limit Russia’s revenue

The European Union is proposing to sanction Russia’s oil-shipping giant Sovcomflot PJSC in a move to limit the Kremlin’s ability to finance its war...

Hapag-Lloyd sees no immediate Suez passage even if ceasefire reached now

German shipping company Hapag-Lloyd does not anticipate the shipping industry to resume sailing through the Suez Canal anytime soon, even if a ceasefire between...

IMO to open regional office in Fiji to serve the Pacific

IMO will open its seventh Regional Presence Office, in Suva, Fiji, to serve countries and territories in the Pacific Islands region. IMO Secretary-General Mr. Arsenio...

China’s strong iron ore imports contrast with weak steel output

The strength in China’s iron ore imports this year stands in stark contrast to the weakness in steel production and demand, setting up a...

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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...