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Imabari shipbuilding completes acquisition of Japan Marine United

Imabari Shipbuilding says it completed the purchase of a controlling stake in Japan Marine United, or JMU, on Monday as it seeks to compete...

Iron ore rallies to multi-month high as China pledges to ease monetary policy

Iron ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top consumer China following Beijing’s...

Costamare Inc. declares quarterly dividend on its preferred and common stock

Costamare Inc. has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock, US $0.531250 per...

Transocean announces contract award and extension totaling $168 million

Transocean announced a contract award and an extension, respectively, for two of its drilling rigs. Together, the fixtures represent approximately $168 million of firm...

Borr Drilling Limited – Contracting Updates

Borr Drilling Limited announced new contract commitments for two of its premium jack-up rigs. In the Americas, the Ran has received a one-well extension with...

Union Bulk names Boesen as the new chief executive officer

Union Bulk A/S chief executive officer Michael Bonderup is stepping down after 15 months in the role. Bonderup joined the dry cargo vessel operator in...

TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...

V. announces the acquisition of maritime fuel efficiency & decarbonisation partner Njord

V.Group (V.), the leading global marine services provider, announces the acquisition of Njord, the maritime fuel efficiency and decarbonisation partner, founded by Maersk Tankers....

Israel signals it may block sale of major stake in ZIM

Israel’s Companies Authority has intervened in the potential sale of shipping company ZIM, slightly cooling the process and signaling that the state may actively...

Wuhu Shipyard secures 2+2 64,500 DWT Bulk Carrier contract with Turkey’s Aqmaris

On January 6th, Chinese shipbuilder Wuhu Shipyard successfully signed a contract with Turkish company Aqmaris for the construction of 2+2 64,500 DWT bulk carriers. At...

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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...