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Solstad Maritime ASA – Contract award for CSV Normand Mermaid

Solstad Maritime ASA announced the award of a substantial* contract for the “Normand Mermaid” with SAExploration. The contract, which will commence in July 2025, has...

TotalEnergies and CMA CGM to launch LNG Bunkering Logistics joint venture to accelerate maritime decarbonization

TotalEnergies, a global integrated energy company, and CMA CGM Group, a global player in sea, land, air and logistics solutions, have entered into an...

Billionaire Ortega buys stake in UK’s PD Ports from Brookfield

Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to acquire a 49% stake in PD Ports from Brookfield Asset Management (BAM.TO), opens...

Yemen: Houthis’ attacks on cargo ships apparent war crimes

The Houthi armed group in Yemen attacked two commercial cargo vessels in the Red Sea between July 6 and 9, 2025, violations of the...

Jinhui Shipping and Transportation plans to sell two vessels

Jinhu i Shipping and Transportation Limited, Wednesday announced its decision to sell two supramax bulkers for $10.8 million and $11 million, respectively. The move is...

Aegean, Vitol agree long-term charter deal – report

Aegean Shipping Management, owned by Georgios Melissanidis, reinforces its business collaboration with Vitol, the world’s largest independent oil products trader, by signing a long-term...

Vale’s iron ore output up 4% with record Q2 at key mine

Brazilian miner Vale produced 83.6 million metric tons of iron ore in the second quarter, up 3.7% from a year earlier, the company reported. In...

Strong capesize demand lifts baltic dry bulk index to over 1-year peak

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, firmed on Wednesday to its highest level in...

MOL integrates group ship management companies, consolidating functions into MOL global ship management

Mitsui O.S.K. Lines announced that with the aim of integrating the MOL Group’s ship management functions and enhancing safety operations, MOL has renamed its...

Putin says FSB approval will be needed for foreign vessels entering Russian ports

Foreign vessels will require the approval of Russia's FSB security service to access the country's ports, according to a decree signed by President Vladimir...

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TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...