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Global Ship Lease reports results for the second quarter of 2025

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and six-month periods ended June 30, 2025. Second Quarter of 2025...

TEN confirms VLCC order at Hanwha

Tsakos Energy Navigation has confirmed an order for up to three VLCC newbuildings at Hanwha Ocean. TEN has ordered two eco VLCCs at the S....

Intermodal Weekly Market Report [W31]

A new fault line is emerging in global trade, this time between long-time strategic partners, the United States and India. Recent statements by U.S....

Iron ore nears one-week high on resilient China demand

Iron ore futures climbed on Tuesday to a near one-week high, aided by resilient near-term demand in top consumer China. However, price gains were limited...

Baltic index hits near three-week low as larger vessel rates fall

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week low on...

bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil

bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in...

SeaLead confirms compliance amid sanctions on chartered vessels

SeaLead has been made aware that multiple vessels, chartered by the company for commercial purposes, have been added to the Office of Foreign Assets...

Panama will not register oil tankers and bulk carriers older than 15 years

The Panamanian Ship Registry has updated its policies to optimize the operational performance of its fleet, minimize the risk of detentions, and prevent the...

Clarksons delivers “good performance” in 1H2025

Clarkson PLC announced unaudited Interim results for the six months ended 30 June 2025. Summary ·      Underlying profit before taxation* of £39.4m (2024: £51.5m) ·      Underlying basic earnings per...

Bahri posts robust 1H financial results

The National Shipping Company of Saudi Arabia (Bahri or the Company, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, today...

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d‘Amico International Shipping sees rise in earnings

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, examined and approved...

International Seaways posts record quarterly net income; matches record dividend

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the third...

Dorian LPG announces record earnings in Q2

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers reported its financial results for the three months ended September...

Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces its results for the three months...

SFL – Third quarter 2026 results

SFL Corporation Ltd. announced preliminary financial results for the quarter ended September 30, 2026. Highlights 91st consecutive quarterly dividend declared, $0.22 per share Total operating revenues of...

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...