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Genco Shipping acquires $47.5m capesize bulker

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, has agreed to acquire a 2016-built...

Fleet Management Limited appoints Chief Executive Officer

Fleet Management Limited, a part of The Caravel Group Limited, announces the appointment of Captain Rajalingam (‘Raja’) Subramaniam as the new Chief Executive Officer....

PPA S.A.: Three top awards at the Environmental Awards 2024 

PPA S.A. has been honored with five prestigious awards, recognizing its outstanding performance in the vital areas of environmental protection and regulatory compliance. These distinctions...

Hercules Tanker Management orders ‘ultra-spec’ chemical tanker quartet

Hercules Tanker Management orders ‘ultra-spec’ chemical tanker quartet Hercules Tanker Management (HTM) – the new shipping venture established by Peninsula founder and CEO, John A....

Eastern Pacific to add two ULECs to its fleet

The deal for 150,000 cu m vessels was announced at HD Hyundai Samho, each worth roughly about $207m. Eastern Pacific Shipping (EPS) to extend its...

TMS Cardiff Gas names LNG carrier

Greek shipping company TMS Cardiff Gas has held a naming ceremony for a liquefied natural gas (LNG) vessel built by South Korea’s Samsung Heavy...

APM Terminals extends concession for ACT in Jordan

Since 2006, APM Terminals, in partnership with Aqaba Development Corporation (ADC), has been operating in Aqaba, Jordan, and as a premier gateway and transit...

Goldman Sachs says crude could spike by $20 on Iran oil shock

Goldman Sachs says crude could spike by $20 on Iran oil shock Oil prices could shoot up $20 per barrel if Iranian production sees a...

Safe Bulkers declares quarterly dividend of $0.50 per share

Safe Bulkers, an international provider of marine drybulk transportation services, announced that the Company’s Board of Directors has declared: a cash dividend of $0.50 per...

Globus Maritime expands fleet with new Ultramax vessel

Globus Maritime, a dry bulk shipping company, announced that it took delivery of the M/V “Glbs Magic,” a 2024 new built Ultramax dry bulk...

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Wallenius Wilhelmsen delivers another strong quarter

Wallenius Wilhelmsen continued a steady course through Q3, reporting an adjusted EBITDA of USD 471m. Total revenue for Q3 was USD 1,331 and adjusted EBITDA...

Ardmore Shipping Corporation announces financial results for the three and nine months ended September 30, 2025

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2025. Highlights and Recent Activity Reported Adjusted earnings of $12.6 million and...

Navigator Gas announces preliminary third quarter 2025 results

Navigator Gas announced preliminary third quarter 2025 results. Third Quarter Financial Highlights On November 4, 2025, the Board of Directors of Navigator Holdings Ltd., (NYSE: NVGS)...

ONE reports $285M Q2 profit; forecasts 2H loss

Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025). The revenue for FY2025 2nd quarter was...

Costamare posts Q3 profit; expands fleet

Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2025. Discontinued operations as a result of Costamare Bulkers...

Suez Canal Authority denies role in detention of sanctioned Russian tanker

In response to circulating news reports regarding the Suez Canal Authority's detention of the...

Baltic Index rises to two-week high on stronger capesize and panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Baltic Index rises on firmer capesize rates

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry...

Baltic Index hits over three-week low as vessel rates weaken across segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry...

Baltic Index Extends Gains On Rising Capesize Prices

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....

Piraeus Port sees revenue increase in 1H2025

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Major new $131 million expansion announced for Port of Mobile container terminal

Port officials have announced plans for yet another expansion to Mobile’s container terminal, capitalizing on a recently completed project to widen and deepen the...

Panama Canal begins industry engagement for the development of port terminals

The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both...