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Russian tanker group Sovcomflot expects more pressure from Western sanctions after profit slump

Russia's leading tanker group Sovcomflot on Friday blamed Western sanctions for a profit slump in 2024 and warned that new restrictions imposed on its...

MOL acquires LBC Tank Terminals

Mitsui O.S.K. Lines announced its decision to acquire 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A., one of...

Keppel’s flagship infrastructure fund leads acquisition of subsea cable specialist Global Marine Group

Keppel announced that Keppel Infrastructure Fund and its co-investor have acquired a 100% stake in Global Marine Group from investment affiliates of J.F. Lehman...

Greek-owned fleet grows; flag on steady downward trajectory

The global leadership of the Greek-owned fleet, as well as the steady downward trend of the Greek flag were reflected in the data of...

Euroseas announces approval of Nasdaq Capital Market listing for Euroholdings

Euroseas has requested that the registration statement on Form 20-F of Euroholdings be declared effective by the Securities and Exchange Commission on or around...

Shipping giant HMM replaces CEO

Shipping giant HMM has nominated former LX Pantos CEO Choi Won-hyok as its new head, drawing attention as to whether he will successfully lead...

Lauritzen Bulkers buys Canadian breakbulk operator

Lauritzen Bulkers has acquired Alexander & Blake, a Canadian breakbulk and parcel shipping company. This acquisition adds valuable competencies and strong client relations to...

European Community Shipowners’ Associations rebrands as European Shipowners

On the occasion of its 60 years, the European Community Shipowners’ Associations becomes ECSA European Shipowners, reinforcing its role as the voice of the...

Venture Global shares slump on downbeat annual core profit outlook

Venture Global's, opens new tab shares on Thursday slumped to its lowest level since its debut as the LNG producer forecast its 2025 core...

CMA CGM announces $20 billion investment in America’s maritime transportation, logistics and supply chain capabilities

CMA CGM Group, a global leader in sea, land, air, and logistics solutions, and owner of the U.S. flag carrier American President Lines (APL),...

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United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

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...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

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)...