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MOL CEO presents transformation plan with eye on 2035

MOL President & CEO Takeshi Hashimoto delivered the following "2025 New Year Message" to all MOL Group officers and employees on January 7. Looking Back...

Four evacuated from drifting Greek bulker after engine room fire

Taiwan's coast guard has rescued four injured survivors from a bulker that caught fire off the coast of Kaohsiung, including one seafarer who needed...

Baltic index rises on gains in larger vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, supported by gains in...

Sebastian von Hardenberg appointed as new CEO of BSM

Effective 1 January 2025, Ian Beveridge will hand over the executive management of Bernhard Schulte Shipmanagement to BSM’s Chief Financial Officer Sebastian von Hardenberg. Beveridge...

Guy Hindley appointed new Baltic Exchange Chairman

Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from 1 January 2025, following the leadership of...

Resorts World Cruises announces fleet expansion with Star Scorpio’s first homeport in Singapore

Resorts World Cruises announced the 1,800- passenger 78,000 gross ton Star Scorpio as the third cruise ship to join Resorts World Cruises – “The...

Baltic index extends losses on weaker capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 17-month low on...

New International Chamber of Shipping Secretary General announced

At a special meeting of the board, held on-line, the International Chamber of Shipping have unanimously appointed Thomas A. Kazakos as its next Secretary...

Baltic index hits 17-month low as all vessel segments post declines

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level...

Baltic index retreats on lower rates across all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dippedacross all vessel...

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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%...