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Baltic index hits two-week high on smaller vessels demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Wednesday, aided by an uptick in...

At least 79 drown, many missing in migrant shipwreck off Greece

A fishing boat carrying migrants trying to reach Europe capsized and sank Wednesday off the coast of Greece, leaving at least 79 dead and...

Dynacom orders 10 new vessels

According to broker reports, Dynacom has placed orders for two very large crude carriers at New Times Shipbuilding and eight 85,000 dwt bulk carriers...

Bunge, Viterra will merge to form $34 billion agri-trading powerhouse

U.S. grains merchant Bunge (BG.N) and Glencore-backed (GLEN.L) Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the...

Intermodal Weekly Market Report [W23]

Last week, the Australian Bureau of Meteorology predicted that there is a 70% chance that the El Niño phenomenon will occur in the Pacific...

Iron ore rebounds on China monetary stimulus, bets on more measures

Singapore and Dalian iron ore futures rebounded on Tuesday as market sentiment improved after the central bank of the world’s top steel producer lowered...

LR clean tanker market sees sharp falls in freight rates since June 5

The Long Range clean tanker market has seen sharp declines in freight rates since June 5, due to weak refining margins, less exportable surplus...

Baltic index rises to two-week highs

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, gained on Tuesday, helped by higher rates for capesize...

BW Offshore: Closing of the sale of Espoir Ivoirien

BW Offshore has closed the transaction for the sale of the FPSO Espoir Ivoirien to its client for a total consideration of USD 20...

Grimaldi group acquires 67% Heraklion port stake

Grimaldi Euromed S.p.A. group. & Minoan Lines A.N.E announced the acquisition of 67% of the port of Heraklion, Crete at a price of 80...

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Wilh. Wilhelmsen Holding ASA: Share buy back result

Reference is made to the notice issued on 9 November 2026, where Wilh. Wilhelmsen Holding ASA launched an offer to all shareholders to purchase...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

Himalaya Shipping announces preliminary Q3 and nine-month results for 2026

Himalaya Shipping announced preliminary unaudited results for the three and nine months ended September 30, 2026. Highlights for the Third Quarter of 2026 Total time charter...

Flex LNG – Third quarter 2026 earnings release

Flex LNG Ltd. announced its unaudited financial results for the quarter ended September 30, 2026. Highlights: * Vessel operating revenues of $97.4 million for the third...

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...

Corfu surpasses 1 million cruise passengers for first time, setting historic record

The Corfu Port Authority has surpassed the milestone of 1 million cruise passengers for...

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...

AD Ports Group posts record net profit of nearly AED 1 billion ‎in Q3 2026, +64% YoY

AD Ports Group, a leading global enabler of ‎integrated trade, industry, and logistics solutions, today reported its strongest quarterly results on record ‎for the...

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...