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Gibson Weekly Tanker Market Report [W12]

While the sanctions’ list against Russia is growing longer as the days go by, the International Energy Agency (IEA) is warning that Russian exports...

Biden seals LNG deal as EU grapples with energy crunch

The European Union and United States unveiled a deal on Friday to supply Europe with more U.S. liquefied natural gas (LNG), as leaders of...

Rates strengthen to US East Coast as shippers seek to avoid US West Coast

Some further strengthening was seen over the course of the week for trans-Pacific premiums as many US-based importers continued booking cargoes to the US...

ONE presents growth strategy through $20 bln investment plan

Ocean Network Express (ONE) has designed a $20bn investment plan over the next 10 years to help meet decarbonisation targets. Specifically, the $20bn investment...

Hoegh Autoliners fined $5.4m in Brazil after antitrust investigation

The Administrative Council for Economic Defence (CADE) in Brazil issued a fine of approximately BRL 26 million (USD 5.4 million) to Höegh Autoliners for...

Diana Shipping Announces Sale and Leaseback of m/v Florida

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

China-Europe Rail Lines Become Supply Chain’s Latest Problem

More than a million containers set to ride 6,000-plus miles of railway linking Western Europe to Eastern China via Russia are now having to...

Food supplies running low on foreign ships stuck in Ukraine

Food and medical supplies onboard over 100 foreign flagged ships stuck in Ukraine due to the conflict are running low, with little progress on...

Hyundai Heavy embraces 3rd generation owner family leadership

Chung Ki-sun, grandson of Hyundai Group founder Chung Ju-young, officially takes the helm of the world’s largest shipbuilding group, ushering in the new generation...

U.S. crude, fuel stockpiles fall as demand jumps – EIA

U.S. crude oil and fuel stockpiles fell last week as demand jumped, the Energy Information Administration said on Wednesday, further exacerbating tight world supplies...

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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...