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Baltic index hits one-month high on stronger rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a one-month high on...

Eitzen Group launches bunker company

The Eitzen Group has launched a new bunkering company, Christiania Energy, based in Denmark. Christiania Energy plans to offer services to third-party customers. The company...

Seafarer salaries have risen but so have retention rates, Danica survey reveals

Retaining seafarers has improved slightly over the past year, thanks in part to salary raises, the annual Crew Managers’ Survey by Danica Crewing Specialists...

Shipping: Environmental fees skyrocket in the EU

The environmental fees paid by commercial ships calling at European ports have increased by 100% this year. The two environmental regulations that came into force...

Panama vessel registry says it is ‘not a haven for sanctions evasion’

Panama has made progress stripping vessels from its registry that do not meet its flag’s standards, the Central American nation’s Maritime Authority said last...

Baltic index snaps 3-day losing streak as supramax rates climb

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, snapped its three-session losing streak on...

Baltic index declines for third day as capesize plunges to 2-year lowBaltic

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell for the third straight session...

Baltic index slips on lower capesize, panamax rates

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

Suspected Somali pirates seize boat off Horn of Africa

Suspected Somali pirates have seized a Yemeni fishing boat off the Horn of Africa, authorities said late Monday. A European naval operation in the Mideast,...

MPC Capital expands maritime services business with energy efficiency and performance management solutions

The investment and asset manager MPC Capital has acquired a 50% stake in the performance management company BestShip GmbH & Cie. KG from Norwegian...

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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%...