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HD Hyundai achieves record 6 trillion won profit

HD Hyundai, led by Chairman Chung Ki-sun, has opened the era of 6 trillion won (approximately $4.1 billion) in operating profit. Compared to approximately...

Maran Dry orders first bulkers in 10 years

Maran Dry Management has signed an agreement to build four capesize bulk carriers - with options for two more - at Chinese shipyard Hengli...

Capital Maritime orders 11 VLCCs at Hengli

Capital Maritime and Trading has ordered 11 VLCC newbuildings at Hengli Heavy Industry at a price approaching USD 1.4 billion. The vessels are reportedly contracted...

HD KSOE’s Q4 net profit rises sharply on strong shipbuilding sales

HD Korea Shipbuilding & Offshore Engineering (KSOE) Co., a subholding company of shipbuilding giant HD Hyundai Co., said Monday its fourth-quarter net profit rose...

MSC orders eight more containerships at Jinglu

MSC has reportedly ordered an additional eight 11,500 TEU LNG dual-fuel container ships at Penglai Zhongbai Jinglu Ship Industry Co., Ltd. (Jinglu Shipyard). An...

Greek shipowners: 47 orders for newbuildings

Greek shipowners proceeded with 47 new ship orders in Asian berths in the first 31 days of the year. It is noted that during...

Atlas Maritime orders 2+2 suezmax tankers in S. Korea

Atlas Maritime has reportedly placed an order for 2+2 suezmax tankers with DH Shipbuilding. The vessels are valued at approximately $86 million each, with...

Elefsis Shipyards investment strengthens Greece’s industrial base, creates jobs – minister

“The Elefsis Shipyards are a true success story for Greek industry, shipbuilding and the economy of our country,” emphasized Minister of Development Takis Theodorikakos,...

SITC extends China container ship order

SITC International Holdings Company Limited said SITC Shipowning exercised on January 30 the options for the construction of two 2,700 teu container vessels under...

HD Korea Shipbuilding wins $245M LNG carrier order

HD Korea Shipbuilding & Offshore Engineering (009540.KS), the shipbuilding holding company of HD Hyundai (267250.KS), announced Wednesday that it has secured an order for...

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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...