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Safe Bulkers posts $17.8 million net income in Q3

Safe Bulkers reported improved profitability in the third quarter compared to the second. A company announcement reads:

Intermodal Weekly Market Report [W47]

During the past few weeks, we have seen a notable resurgence in dry bulk newbuilding activity from Greek shipowners. Several well-established names have been...

Iron ore rises on China’s proposal to cut port fees

Iron ore futures rose on Tuesday as proposed cuts to Chinese port fees are expected to discourage long-term stockpiling. The most-traded January iron ore contract...

Performance Shipping reports strong 9M financial results

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $3.9 million for the third quarter...

Baltic Index up for ninth consecutive session

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose for a ninth consecutive session on...

MISC Group financial results for the third quarter of 2025

Zahid Osman, MISC President and Group CEO said, “MISC achieved stronger profitability and higher operating cash flows to date reflecting stronger operational agility despite...

ONE issues update on ONE Henry Hudson incident

A fire broke out aboard the 8,212 teu ONE Henry Hudson while docked at Yusen Container Terminal in the Port of Los Angeles late...

Shipping: Investments in new ships pose high “green” risk

Two Greek shipowners, Dr. Nikos Tsakos and Stamatis Tsantanis, focused on the risk of investing in new ships, as a result of the great...

Egypt: Petroleum Ministry, SCA pen deal for LNG fueling station in Port Said

The Ministry of Petroleum and Mineral Resources and the Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) to establish a liquefied natural...

FRO – Third quarter and nine months 2025 results

Frontline reported unaudited results for the three and nine months ended September 30, 2025: Highlights Profit of $40.3 million, or $0.18 per share for the third...

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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...