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Halom Investments buys 150 million shares in Marco Polo Marine

The purchase was made via a secondary market deal on 22 January. Halom Investments Pte. Ltd., controlled by Michael Kum, a veteran in the marine...

McDermott awarded EPCI contract for Al Nasr Field Development Project

McDermott has been awarded a major* contract by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115 Expansion Project, located approximately...

BF Shipmanagement buys neo-panamax containership from CCEC

Capital Clean Energy Carriers has sold a modern containership as part of its fleet restructuring strategy. The buyer is BF Shipmanagement, which acquired the...

Safe Bulkers announces agreement for the acquisition of two newbuild Kamsarmax Class Dry-bulk Vessels

Safe Bulkers an international provider of marine drybulk transportation services, announced today that it has entered into an agreement for the acquisition of two...

Costamare linked to major boxship order in China

Costamare is reportedly being linked to an order for 12 newbuilding container ships at a Chinese shipyard. The ships will have a capacity of...

Carimin acquires a 19.5% stake in Sealink

Oil and gas services and equipment (OGSE) firm Carimin Petroleum Bhd has acquired a 19.5% stake in Sealink International Bhd for RM39.98 million, making...

Α milestone in Atlas Maritime’s shipbuilding program

Atlas Maritime, owned by Leo Patitsas, announced the completion of the keel laying ceremony for a ship being built at Daehan Shipbuilding (DHSC) in...

London Gateway container volumes up more than 50% to set new annual record

DP World has set a new handling record at London Gateway, surpassing three million TEU (twenty-foot equivalent unit) in 2025, thanks to the newly...

World Oil market faces significant surplus in first quarter, IEA says

The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so...

Alpha Gas confirms order for LNG carriers

Alpha Gas has confirmed an order for two LNG carriers announced on Wednesday by South Korean shipbuilder Hanwha Ocean. Hanwha Ocean said the contract is...

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WISTA International elects new president and champions cross-border collaboration at conference in Kuala Lumpur

WISTA International has elected Céline Mortier as its new President. The former WISTA Belgium President and CEO of maritime provider Bogerd Martin was formally...

Contships Logistics reports Q3 & 9M 2026 results

Contships Logistics Corp. announced its unaudited financial and operating results for the three and nine months ended September 30, 2026. Highlights Fleet Composition -During the first nine...

Navios Maritime Holdings increases tender offer price to $16.00 and extends the expiration date of cash tender offer to purchase Series G and Series...

Navios Maritime Holdings Inc. announced that it is amending its previously announced tender offer to purchase any and all outstanding Series G and Series...

Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has...

Dorian LPG declares irregular cash dividend of $1.25 per share

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

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...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

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...