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Egypt signs $4.5bln high-speed rail deal

Egypt has signed a $4.45 billion deal for a high-speed electric rail line to link its Red Sea and Mediterranean coasts that contractor Siemens...

FSL Trust Agrees To Sell One Chemical Tanker

The Board of FSL Trust, as trustee-manager of First Ship Lease Trust, announces that FSL-9 Pte. Ltd., a wholly owned subsidiary of the Trust,...

ZIM: Exercise of Option to Charter Additional Five 7,000 TEU LNG-Fueled Vessels

ZIM announced the exercise of its option to long-term charter additional five 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels from Seaspan Corporation,...

BW Offshore completes Barossa FPSO debt financing

BW Offshore announced the completion of the USD 1.150 billion project debt financing for the construction and operation of the FPSO for the Barossa...

Concordia Maritime exercises purchase options and sells IMOIIMAX vessels

Concordia Maritime strengthens its liquidity by selling the two IMOIIMAX vessels Stena Image and Stena Important. The buyer is a Chinese leasing company. The...

CMA CGM: Record $3.5bn profit in second quarter

CMA CGM has posted a 2,500% increase in its net profit, to $3.5bn, for the second quarter, compared with the same period of last...

Port of Hamburg: Positive trend for throughput in first half

The overall trend in seaborne cargo throughput in the Port of Hamburg in the first half of 2021 was positive. General and bulk cargo throughput...

Intermodal Weekly Market Report [W34]

As the summer season is coming to an end, the dry bulk market continues to rally...

Hurricane Ida roils global shipping markets

Global shipping markets have been roiled by major disruptions after Hurricane Ida made landfall along the US Gulf Coast on Aug. 29, as shipments...

Baltic index slips from 11-yr high, posts monthly gain on strong demand

The Baltic Exchange’s main dry bulk sea freight index eased from a more than 11-year high on Tuesday, but the index notched up its...

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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...