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Baltic index gains as larger vessel rates rise

The Baltic Exchange’s main sea freight index racking rates for ships carrying dry bulk commodities rose on Wednesday, supported by gains in larger vessels. The...

Baltic index retreats as capesize rates dip

The Baltic Exchange’s main sea freight index retreated on Tuesday after hitting its highest in nearly two months in the previous session, pressured by...

Washington State Ferries cancels sale of retired boats

The Elwha and Klahowya are back on the market. Recent developments have prompted Washington State Ferries to terminate purchase and sales agreements with Nelson...

Baltic index hits near two-month peak on higher capesize rates

The Baltic Exchange’s main sea freight index extended gains on Monday to touch its highest in close to two months, buoyed by higher rates...

Cypriot shipping “pioneer” Charalambos Mylonas dies

Charalambos Mylonas, described by the shipping deputy ministry as a “pioneer” of Cypriot shipping, died on Saturday. Announcing his death, the shipping deputy ministry said...

Cruise industry annual environmental technologies and practices data shows continued progress toward environmental sustainability goals

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, today released its annual Global Cruise Industry Environmental Technologies and Practices...

Greece to take action against cruise ship tourism and short-term leasing

Greek Prime Minister Kyriakos Mitsotakis announced measures aimed at addressing the negative impact of overtourism as visitors continue to arrive in record numbers in...

Avikus and DNV partner for worlds’ first autonomous type approval

Avikus, a leading innovator in autonomous navigation technology, and DNV, the world’s leading classification society, have officially announced their collaboration on the development and...

Dalian iron ore tumbles to one-year low on China demand worries

Dalian iron ore futures fell for the fifth straight session on Thursday to hit their lowest in more than a year, as a batch...

Baltic index edges up on higher capezise rates

The Baltic Exchange’s dry bulk sea freight index tracking rates for ships carrying dry bulk commodities edged up on Thursday supported by stronger rates...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...