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ConocoPhillips extends Solstad supply vessel charter

ConocoPhillips Skandinavia AS has exercised its option to extend present contract for the PSV Normand Supporter with 1 year. The contract is now firm...

COP26: US, Denmark & Other Nations Back Tougher Climate Target for Shipping

Denmark, the United States and 12 other countries on Monday backed a goal to reduce emissions by the global maritime sector to zero by...

Maersk to set up $136m logistics centre at Jeddah port

AP Moller-Maersk will invest $136 million over a 25-year period on an integrated logistics park at the Jeddah Islamic Port in Saudi Arabia. The...

MOL concludes Transition linked loan to finance “Gas Vitality”

Mitsui O.S.K. Lines, Ltd. announced the conclusion of a Transition linked loan, relying on a transition finance framework and the Sustainability-Linked Loan Principles, to...

Baltic index slips to 3-month low as vessel rates retreat

The Baltic Exchange’s dry bulk sea freight index declined to its lowest in nearly three months on Monday, as rates across its vessel segments...

Royal Caribbean expects profitable 2022

Royal Caribbean Group reported financial results for the third quarter of 2021 and provided business updates. The Company has worked aggressively to restart its...

Hapag-Lloyd Raises Earnings Outlook

Due to unabated global demand for container transports and the continuing disruptions in global supply-chains causing a shortage of available transport capacity, Hapag-Lloyd posted...

COP26 Summit: A Make or Break Chance To Avert Climate Disaster

The United Nations COP26 summit that starts in Glasgow this week has been billed as a make-or-break chance to save the planet from the...

Indonesia Wealth Fund, DP World Ink Pact for Port Development

Indonesia’s newly established wealth fund signed an agreement with Dubai port operator DP World to develop seaports in Southeast Asia’s largest economy. Under the...

Gibson Weekly Tanker Market Report [W43]

An often-overlooked part of the global shale picture is Argentina’s Vaca Muerta (Dead Cow) field; currently the world’s second largest commercial shale formation with...

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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...