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Hapag-Lloyd Posts Strong 1H2021 Results

Hapag-Lloyd published its figures for the first half year of 2021 today. It concluded with an EBITDA of USD 4.2 billion (EUR 3.5 billion)....

Shipbuilding: China accounts for 51% of new global orders in H1

China’s new shipbuilding orders accounted for more than half of the global share in the first half of the year due to growing demand...

Euronav: Positive Outlook on Medium-Term Tanker Market

Euronav NV reported its non-audited financial results for the first semester and second quarter ended 30 June 2021. Hugo De Stoop, CEO of Euronav...

Strong vessel demand propels Baltic index to highest in over a decade

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, jumped to its highest level in over a...

Euroseas agrees 3-year charter of Diamantis P at $27,000 per day

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three and...

Seanergy Announces Share Repurchase Plan

Seanergy announced that its Board of Directors has authorized a share repurchase plan. Under the Plan, the Company may repurchase up to $17 million...

Scorpio Tankers: Purchase of Call Options by Company President

Scorpio Tankers announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 100,000 common shares (or 1,000...

U.S. calls on OPEC and its allies to pump more oil

U.S. President Joe Biden’s top aides are pressuring OPEC and its allies to boost oil output to tackle rising gasoline prices that they see...

Ship sailing under Panama flag runs aground in Japan, oil leaking

According to Reuters, a Panamanian-registered ship ran aground in a northern Japanese harbour and was leaking oil, but there were no injuries among the...

Port Hedland Iron Ore Exports Up in July

Pilbara Ports Authority has delivered a total monthly throughput of 59.0 million tonnes (Mt) for July 2021. This throughput was a two per cent decrease...

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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...