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Higher rates across vessels propel Baltic index to over 1-month high

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, scaled its highest in more than a month...

DNV, Nakilat JDP to improve vessel software reliability & quality

Nakilat, a global leader in energy transportation, Classification Society DNV, and a group of leading yards and system suppliers have teamed up on a...

MOL eyes 90 LNG-powered vessels by 2030

Mitsui O.S.K. (MOL) has announced four new LNG-powered car carriers amid a push to launch 90 such vessels by 2030, despite wider industry concerns...

Saudi Arabia raises Sept crude prices to Asia

Saudi Arabia raised on Wednesday the September official selling prices for all crude grades it sells to Asia for a second month, three sources...

Celestyal Cruises on track to successfully complete scheduled summer itineraries at end of August

Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean is on track to successfully complete...

Danaos in “very strong financial position”

Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the period ended June 30, 2021. Highlights for the Second Quarter...

Oldendorff Carriers sells bulker to JP Morgan

According to broker reports, Oldendorff Carriers has sold a 2016-built bulk carrier to JP Morgan, with delivery expected early 2022. Namely, the 209,325 dwt vessel, Hark...

Iran-backed forces seize tanker, maritime sources say; Iran denies it

Iranian-backed forces are believed to have seized an oil tanker in the Gulf off the coast of the United Arab Emirates, three maritime security...

Baltic index edges lower on capesize dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched down on Tuesday as a dip in...

Intermodal Weekly Market Report [W30]

Unlike the Dry Bulk and Container sectors where freight rates have surged into 2021, the tankers market continues to experience lackluster earnings hovering at...

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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...