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HMM joins takeover bid to buy Hyundai LNG Shipping

HMM, South Korea’s largest LNG shipping firm, will join a bid to acquire a 100 percent stake in Hyundai LNG Shipping after selling the...

Okeanis Reports First Quarter TCE of $88.4 Million

Okeanis Eco Tankers Corp. reported unaudited interim condensed results for the first quarter and three-month period ended March 31, 2023. Q1 2023 Highlights: Time charter equivalent...

Scorpio Tankers Adding to Owned Fleet

Scorpio Tankers has exercised purchase options on five additional ships as the company continues to reduce its debt. The company has also announced the repurchase...

Hapag-Lloyd Q1 2023: good resilience in weaker market environment

Hapag-Lloyd has concluded the first quarter of 2023 with an EBITDA of USD 2.4 billion (EUR 2.2 billion). EBIT decreased to USD 1.9 billion...

Seanergy Successfully Completes $54 million Refinancing Transactions for 3 Capesize Vessels

Seanergy Maritime Holdings Corp. announced that, pursuant to its strategy of pursuing attractive refinancing opportunities, it entered into two sale and leaseback agreements with...

Safe Bulkers invests in “green” fleet

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three month period ended March 31,...

Torm profits soar in first quarter

TORM announced interim results for the first quarter 2023:

Euronav sees multi-year upcycle in large crude tanker freight markets

Euronav NV reported its non-audited financial results today for the first quarter ended 31 March 2023. Hugo De Stoop, CEO of Euronav said: “The counter...

Teekay posts strong Q1 results

Teekay Corporation reported results for the three months ended March 31, 2023. CEO Commentary “Teekay posted strong financial results in the first quarter of 2023, reporting...

Baltic index logs worst day in three weeks on lower vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell the most in three weeks on Thursday,...

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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...