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Carlos Pena becomes CTM’s new CEO

C Transport Maritime announced that Mr. Carlos Pena has assumed the role of Chief Executive Officer of CTM. Carlos has excelled as our Chief...

Tanker involved in UK ship collision spilled fuel, says manager Crowley

The Stena Immaculate tanker involved in Monday's collision with another ship off the coast of northeast England was reported to have released some jet...

Baltic index scales 14-week peak on larger vessel rate gains

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a more than 14-week high...

Greek-owned fleet grows; flag on steady downward trajectory

The global leadership of the Greek-owned fleet, as well as the steady downward trend of the Greek flag were reflected in the data of...

Shipping giant HMM replaces CEO

Shipping giant HMM has nominated former LX Pantos CEO Choi Won-hyok as its new head, drawing attention as to whether he will successfully lead...

European Community Shipowners’ Associations rebrands as European Shipowners

On the occasion of its 60 years, the European Community Shipowners’ Associations becomes ECSA European Shipowners, reinforcing its role as the voice of the...

Baltic Index inches up on higher capesize vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, climbed on Thursday, lifted by gains in...

Royal HaskoningDHV acquires Arch Henderson to strengthen its maritime position in Scotland and globally

Royal HaskoningDHV announced that Scotland-based maritime engineers Arch Henderson has joined the company. Royal HaskoningDHV CEO Marije Hulshof commented: “We are very excited to welcome...

Baltic Index slips for second straight session on lower vessel demand

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell for a second straight session on...

The cruise industry convenes in Crete – Cruise lines meet with East Med Stakeholders at Posidonia Sea Tourism Forum

The 8th Posidonia Sea Tourism Forum (PSTF 2025) is set to bring together an elite assembly of global cruise industry leaders in Heraklion, Crete,...

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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%...