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Concordia Maritime sells Stena Penguin

Concordia Maritime says it is selling product tanker vessel Stena Penguin to a European buyer. The sale is expected to result in a positive liquidity...

Royal Caribbean raises profit forecast buoyed by travel boom, higher prices

Royal Caribbean Group raised its annual profit forecast after upbeat quarterly results on Thursday, cruising on the back of higher ticket prices and pent-up...

Russian Oil Companies Ramp Up May Exports to Meet Asian Demand

Russia is expected to increase seaborne oil exports from its western ports this month to a four-year high to meet Asian demand for low-priced...

A.P. Moller – Maersk reports solid Q1 results

A.P. Moller – Maersk (Maersk) reports a first quarter of 2023 in line with expectations. Continued destocking and easing of congestions implied lower volumes...

Keppel embarks on major reorganisation to fast-track transformation

Keppel Corporation Limited (Keppel) announced the next phase of its Vision 2030 plans to drive the Company’s further transformation from a conglomerate into a...

Asia’s crude oil imports slip in April amid softer China, India

The strong start to the year for Asia’s imports of crude oil came to a halt in April, with arrivals dropping to a seven-month...

Baltic index slips on weaker panamax, supramax rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates for panamax...

Mitsotakis emphasizes support for Greece’s shipbuilding & repair industry

Greek Prime Minister Kyriakos Mitsotakis visited the Atlas shipyard in Perama, located near the port of Piraeus, on Wednesday. The shipyard is one of...

Greek Shipowners outline industry’s future challenges at Delphi Economic Forum

The representatives of the Union of Greek Shipowners mapped out the positions of the world’s largest shipping company, pointing out that the sector does...

Concordia Maritime sells product tanker

Concordia Maritime has entered into an agreement for the sale of the product tanker Stena Penguin. The sale is expected to have a positive...

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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...