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CVC DIF completes acquisition of majority stake in Cernaval

CVC DIF, the infrastructure business of leading global private markets manager CVC, announced that it has completed the acquisition of a majority stake in...

Greek shipowners maintain newbuilding momentum with 40 orders in October

The newbuilding boom continued unabated in October, with Greek shipowners once again leading global activity for another month, placing 40 new orders, excluding options...

SFL – Newbuild agreements and long-term charters of two 8,800 TEU Container Vessels and one Very Large Ammonia Carrier

SFL Corporation Ltd. announced that it has agreed to acquire two 8,800 TEU Container Vessels with scheduled delivery in 2027 and one 93,000 cbm...

Bahri and IMI sign SAR 1.692 billion contract for three newbuild VLCCs

Bahri, a global leader in transportation and logistics, and International Maritime Industries (IMI), the largest integrated maritime facility in the MENA region, have signed...

Pavimar linked to Hengli kamsarmax order

According to industry sources, Pavimar has ordered four Kamsarmax vessels from a Chinese shipyard. Specifically, the shipyard tasked with the construction of the four vessels...

Greece, India explore further cooperation in shipbuilding & defence

A high-level Indian delegation led by Defence Secretary Rajesh Kumar Singh has examined opportunities to strengthen Greek-Indian cooperation in shipbuilding and the defence industry. The...

HD KSOE wins $1.4 bil. order from HMM for 8 container ships

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) said Tuesday it has secured a 1.91 trillion-won ($1.44 billion) order from South Korean shipping company...

South Korea invests 1.4 trillion won to boost AI in shipbuilding

The South Korean government and the shipbuilding industry will invest over 1.4 trillion Korean won by 2030 to support the adoption of artificial intelligence...

Hanwha Ocean faces multiple labor talks as crane sit-in enters ninth day

A high-altitude sit-in protest by subcontracted workers atop a 30-meter crane and on a factory rooftop at Hanwha Ocean’s Geoje shipyard has entered its...

Korea shipbuilders stall in wage talks as Hanwha Ocean faces multi-union fight

Bargaining over the wage and collective agreement in the shipbuilding industry is showing signs of dragging on. Among the three major shipbuilders (HD Hyundai...

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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...