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Euronav Posts Increased Second Quarter Earnings

Euronav NV reported its non-audited financial results for the second quarter ended 30 June 2022. Hugo De Stoop, CEO of Euronav said: “Recent months...

FSL Trust reports improved net profit in 2nd quarter

FSL Trust Management Pte. Ltd. (“FSLTM”), the trustee-manager of First Ship Lease Trust announced the unaudited financial results of FSL Trust for the 2nd...

Seanergy reports record financial results for 2nd quarter & 1st half of 2022

Seanergy announced its financial results for the second quarter and six months ended June 30, 2022. The Company also declared a quarterly dividend of...

Performance Shipping sees ‘sustainable charter rate recovery’

Performance Shipping reported net income from continuing and discontinued operations of $3.9 million and net income from continuing and discontinued operations attributable to common...

Iron ore slumps to one-week low on China demand worries

Dalian and Singapore iron ore futures slumped to one-week lows on Thursday, pressured by worries about an unsustainable demand recovery in top steel producer...

Baltic index extends fall as capesizes sink to over 3-month low

The Baltic Exchange’s main sea freight index dipped for a ninth straight session on Thursday, led by tumbling capesize rates as demand for all...

Three More Grain Ships to Set Sail from Ukraine on Friday

Three ships carrying a total of 58,041 tonnes of corn have been authorized to leave Ukrainian ports on Friday as part of a deal...

Genco sees increased Q2 profit, announces dividend payout

Genco, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months and six...

Insurers Ready Ukrainian Grain Coverage as First Ship Sails

The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may need up to $50...

Confident Maersk Builds $19 Billion M&A War Chest

Maersk CEO Soren Skou told investors he remained “confident” about the shipping line’s contracted customers sticking with their agreements, despite a backdrop of softer...

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Severe weather and Middle East conflict: Hapag-Lloyd Q1 result unsatisfactory

Q1 2026 Group profit significantly below prior-year quarter Outlook for 2026 unchanged: lower earnings expected in difficult market environment Continued focus on Strategy 2030 and rigorous...

Wilh. Wilhelmsen Holding ASA: Initiating offer to buy back own shares

With reference to the authorization given by the Annual General Meeting of Wilh.Wilhelmsen Holding ASA on 30 April 2026 for the Board of Directors...

Dynagas LNG Partners LP declares $0.05 dividend

Dynagas LNG Partners LP has approved a new quarterly cash distribution of $0.050 per common unit for the quarter ended March 31, 2026. The distribution...

HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...