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Golden Union profits from newcastlemax bulker sale

Theodore Veniamis – led Golden Union has reportedly sold bulk carrier Crassier (206,300 dwt) at a considerable profit. Specifically, the newcastlemax bulker built 2007 was...

Baltic index edges lower as rates of some vessel segments fall

The Baltic Exchange’s dry bulk sea freight index fell on Monday, pressured by falling rates across the panamax and supramax vessel segments. The index, which...

Yemen’s Houthis will keep blockade on Israeli vessels after asset sale reports

Yemen’s Houthis said on Sunday they would maintain their maritime blockade against Israeli vessels in response to “intelligence information” regarding Israeli shipping companies selling their...

Maersk opens its first own-licensed bonded warehouse in north Vietnam

A.P. Moller – Maersk opened its first bonded warehouse in Vietnam at SLP Park, Nam Dinh Vu IP, Hai Phong province. Operated by Maersk...

Trafigura issues statement on Mongolia petroleum products business

An internal review followed by an external forensic investigation have uncovered serious misconduct by individuals in Trafigura’s Mongolian petroleum products supply business.  The misconduct included...

Baltic index drifts lower as supramax hits over 8-month low

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities eased on Thursday, as supramax index fell to its...

Baltic index falls as capesize rates decline

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Wednesday, weighed down by losses in the...

Maersk signs long-term methanol sourcing deal with LONGi

A.P. Moller - Maersk entered into a long-term bio-methanol offtake agreement with LONGi Green Energy Technology Co., Ltd. The agreement will contribute to lowering...

Seanergy Maritime issues statement on Court’s dismissal of Economou’s litigation

Seanergy Maritime Holdings issued the following statement regarding the decision by the High Court of the Republic of the Marshall Islands dismissing the litigation...

Baltic index snaps 10-day losing streak as larger vessel rates gain

The Baltic Exchange’s dry bulk sea freight index snapped a ten-day losing streak on Tuesday as rates increased across larger vessel segments. The index, which...

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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%...