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CMA CGM ramps up M&A hunt with eye on Bollore arm

French shipping tycoon Rodolphe Saade is ramping up his hunt for acquisitions, with an eye on fellow billionaire Vincent Bollore’s logistics arm as a...

DP World reports solid volume performance in 2022

DP World Limited handled 79.0 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in full year 2022, with gross container...

Russia to boost diesel exports in Feb despite embargo, price cap

Russia plans to boost diesel exports in February in attempt to cope with a European Union embargo, price cap and lack of tankers, data...

Iron ore volatile as traders temper China demand optimism

Singapore iron ore futures fell on Monday to their lowest in nearly three weeks, while Dalian prices see-sawed, as traders curbed their optimism about...

Baltic index hits nearly three-year low on weaker vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to the lowest in nearly three years, pressured...

Stena Drilling: New contract with Ithaca Energy for Stena Spey

Stena Drilling are pleased to announce that we have signed a new Contract with Ithaca Energy (UK) Limited for Mobile Offshore Drilling Unit (MODU)...

LNG boosts CPLP 2022 results

Capital Product Partners L.P. released its financial results for the fourth quarter ended December 31, 2022. Highlights  Three-month periods ended December 31, 20222021Increase/(Decrease)Revenues$79.9 million$63.6 million26%Expenses$42.1 million$35.7...

The EU’s Ban On Russian Diesel Won’t Really Stop Fuel Flows

For decades, a steady stream of ocean tankers has filed back and forth between a small cluster of ports in northwest Europe and the...

Euronav sees China pickup as sales beat forecast on crude tanker recovery

Belgian oil tanker and storage operator Euronav has flagged rising demand from China after it reported better-than-expected fourth-quarter sales driven by large crude tanker...

China’s shipbuilders catch tailwind to sail on brighter journey

China’s shipbuilders have kicked off the new year on a busy note, as they are handling new orders. One such company is the Shanghai Waigaoqiao...

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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...