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Navios Holdings: Redemption of $100 Million of 11.25% Senior Secured Notes due 2022

Navios Holdings, a global seaborne shipping and logistics company, announced that on July 23, 2021, the Company completed the redemption of an aggregate principal...

Grindrod: Agreement to Acquire Remainder of IVS Bulk JV Increasing Ownership to 100%

Grindrod Shipping, a global provider of maritime transportation services predominantly in the drybulk sector, announced a number of transactions relating to the acquisition of...

MSC, Fincantieri AND Snam to partner for world’s first oceangoing hydrogen-powered cruise ship

The Cruise Division of MSC Group, Fincantieri and Snam announced the signing a Memorandum of Understanding (MoU) to jointly determine the conditions for the...

ERMA FIRST introduces world’s smallest ballast water treatment system

Global ballast water equipment manufacturer ERMA FIRST is bringing the world’s smallest and easiest to install ballast water treatment system to the international market...

S. Korea: Orders books fill up for shipbuilders in 2021

Shipbuilders have hit 70 percent of their targets for orders this year, but earnings are not living up to expectations. An increase in prices for...

Baltic index gains on higher capesize rates

The Baltic Exchange’s main sea freight index rose for a fourth straight session on Monday, helped by higher demand for capesize vessels. The index, which...

China’s Guangdong starts building $1 bln Huizhou gas terminal

China has begun building a $1 billion natural gas import and storage base in the southern coastal province of Guangdong, a project in which...

Gibson Weekly Tanker Market Report [W29]

So, after several weeks of behind the scenes talks and political wrangling, the OPEC+ alliance has once again found a way forward in its...

Singapore’s June bunker fuel sales gain on soaring HSFO demand

Singapore’s total marine fuel sales jumped by a sharp 7.4% year on year, underpinned by strong HSFO demand, reflecting the continued rise in scrubbers...

Russia to build first LNG-powered icebreakers for Arctic sea route

Russia plans to build its first batch of icebreakers that are powered by liquified natural gas, a top official said on Friday, returning to...

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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...