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Suez Canal To Increase Tolls Effective March 1

Egypt’s Suez Canal Authority said it will be increasing canal tolls by up to 10% for laden and ballast vessels, effective March 1. The decision...

Diana Shipping Reports 2021 Net Income of $57.4 Million

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, reported net income of $41.1 million and net income attributed...

Performance Shipping Reports Q4 Loss

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported a net loss from continuing and discontinued operations attributable...

Drewry: Container Port Throughput Index Hits Lowest Point Since February

Drewry’s latest assessment – February 2022 • In December 2021, the Global Port throughput index recorded 135.1 points , its lowest since February 2021 and...

Grain exporters tap EU supplies as war shuts Ukraine ports – traders

Grain exporters are looking for alternative sources of wheat and corn as a Russian invasion cuts off Ukrainian supplies, with European Union producers Romania...

All-inclusive rates stable as market awaits new direction

All-inclusive container shipping rates from North Asia to North America held steady in the week to Feb. 25, but shipping lines were more bullish...

Gibson Weekly Tanker Market Report [W08]

Yesterday’s sudden invasion of Ukraine will have major ramifications, not just for the energy markets, but also for the security of Europe...

Norden expands into port logistics

NORDEN has entered port logistics, signing a major contract with mining company Comilog - a subsidiary of French metallurgical group Eramet. Over the 10-year agreement,...

CMA CGM: Black Sea and Ukraine situation update

The CMA CGM Group has been closely monitoring the situation in Ukraine and the Black Sea region. Over the past several days, we have...

Genco focuses on dividends, fleet renewal in strong dry bulk market

Genco, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months and twelve...

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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...