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Samsung Heavy Industries Wins Orders for 14 LNG Carriers

Samsung Heavy Industries announced on June 22 that it has won orders for 12 174,000-cubic-meter LNG carriers from a client in Bermuda. The contract...

Navios Partners: Acquisition of 2 Containership Newbuildings & Charter Agreements

Navios Maritime Partners L.P. announced that it agreed to purchase two liquified natural gas (LNG) dual fuel 7,700 TEU containerships, for an aggregate purchase...

Dalian iron ore sinks to 16-week low

Dalian iron ore futures tumbled on Wednesday to their lowest in 16 weeks, while a sell-off resumed in Singapore, as worries grew about an...

Maersk sees no let up in surging cost of shipping goods

The cost of shipping goods has surged 25-30% since the start of the pandemic due to array of inflationary pressures that are “unlikely to...

Baltic index slips as larger vessel rates dip

The Baltic Exchange’s main sea freight index fell on Wednesday, pressured by a dip in the capesize and panamax segments. The overall index, which...

Americraft Marine Acquires Florida Jones Act-Compliant Shipbuilding Facility

Americraft Marine, a maritime subsidiary of the Libra Group, announced the acquisition of St. Johns Ship Building, a full-service marine facility specializing in constructing...

DOF Subsea contract extension with Petrobras

DOF Subsea is proud to announce the extension of the four PIDF Contracts with Petrobras. These extensions will demand a fleet of at least...

Insurer Must Pay Spanish Claim in Prestige Oil Spill, EU Court Says

Spain on Monday won backing from Europe’s top court in its mutli-million euros damage claim against The London Steam-Ship Owners Mutual Insurance Association for...

Performance Shipping to Acquire Sixth Aframax Tanker

Performance Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 105,071 dwt Aframax tanker, the...

Iron ore suffers short-term demand woes, longer-term China threat

The spot price of iron ore has had a torrid time lately, caught between short-term concerns about the economic health of top buyer China...

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Hapag-Lloyd profit jumps as stronger freight rates drive guidance upgrade

Hapag-Lloyd reported sharply higher third-quarter earnings on Thursday, a day after raising its full-year outlook as robust spot freight rates fueled better-than-expected fourth-quarter trading. The...

Seanergy Maritime reports third quarter and nine-month 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the third quarter and nine months ended September...

Hapag-Lloyd raises outlook for third time on strong freight rates

German container shipping group ​Hapag-Lloyd raised its full-year earnings outlook for the third time ‌this year on Wednesday, citing strength in freight rates and...

Flex LNG reports strongest third quarter on record

Flex LNG reported third quarter 2026 results.

Teekay Tankers reports third quarter 2026 results; Declares dividend

Teekay Tankers Ltd. reported the Company's results for the quarter ended September 30, 2026.

Wallenius SOL changes name to Wallenius Link

In April 2026, Wallenius Lines entered into an agreement to acquire SOL Group’s shares...

IMO Secretary-General calls on States to enforce maritime rules in the Strait of Hormuz

The Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez has called for...

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...

Port of Los Angeles makes history with back-to-back months surpassing 1 million container units

The Port of Los Angeles handled 1,026,872 Twenty-Foot Equivalent Units (TEUs) in October, setting a record for the month and ranking as the second-highest...

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...