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Hyundai Motor Company joins forces with HD KSOE and PNU to develop maritime fuel cell system

Hyundai Motor Company has signed a landmark Memorandum of Understanding (MoU) to co-develop a maritime fuel cell system. This initiative marks Hyundai Motor’s effort...

BW LPG profit down in third quarter

BW LPG Limited reported a Q3 2025 Net Profit After Tax (NPAT) of US$57 million, yielding an annualized return on equity of 12%. The...

Iron ore climbs as infra demand, steady steel use counter weak China data

Iron ore futures rose on Tuesday, as infrastructure demand and steady steel consumption countered weak China economic data. The most-traded January iron ore contract on...

Baltic index hits near two-year peak as capesize registers strong gains

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, climbed to log a near two-year high...

Cruise Saudi welcomes Celestyal on its maiden call to Jeddah with plaque exchange

Celestyal has marked its first ever visit to Jeddah, Saudi Arabia, with a traditional plaque exchange ceremony in collaboration with Cruise Saudi. The 1260-guest Celestyal...

Havila secures more work with Equinor

Equinor Energy has exercised one year option for Havila Foresight (PSV) until January 2027. Equinor Energy has an option for one year thereafter, until January...

Hafnia delivers strong Q3 earnings

Hafnia Limited announced strong earnings for the Q3.

Greece ranks fourth in IMO Council election with 153 votes

Greece was ranked 4th place in Category A of the IMO Council, with 153 votes out of 169 participating countries, confirming once again its...

Port of Newcastle reopens after climate protesters block shipping channel

One of Australia’s biggest coal export ports resumed operations on Monday, the port operator said, after climate-change protesters disrupted shipping at the Port of...

NORDEN acquires Southern African cargo activities of Taylor Maritime 

NORDEN has acquired the cargo activities of Taylor Maritime in Southern Africa (previously operated under the IVS brand).   As part of the acquisition, NORDEN takes over the...

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Trafigura to provide over USD1 billion to support US refineries acquisition by CVR Energy, Inc.

Trafigura US Holdings, Inc. has signed strategic agreements with CVR Energy, Inc. (“CVR”) to support its intended acquisition of the Mandan refinery in North...

Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd. (described herein as "Navigator Gas" or the "Company") (NYSE: NVGS), the owner and operator of the world's largest fleet of handysize...

Ardmore Shipping reports Q3 and nine-month 2026 results

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2026. Highlights and Recent Activity Reported net income attributable to common stockholders...

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...

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 Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

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...