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Trump to create office of shipbuilding, offer tax incentives

U.S. President Donald Trump told Congress on Tuesday that his administration will create an office of shipbuilding in the White House and offer new...

Stolt-Nielsen announces launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited

Stolt-Nielsen announces launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited. Reference is made to the stock exchange announcement of...

Global Ship Lease reports results for the Fourth Quarter of 2024

Global Ship Lease, an owner of containerships, announced today its unaudited results for the three months and year ended December 31, 2024. Full Year and...

Iron ore declines as Sino-US tariffs fuel trade war tensions

Iron ore futures faltered on Wednesday, pressured by tit-for-tat tariffs between the United States and top metals consumer China, outweighing optimism about improved demand...

Baltic Index slips for second straight session on lower vessel demand

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell for a second straight session on...

Danaos secures forward charters for six containerships

Danaos Corp has reportedly chartered six post-panamax containerships. More specifically, brokers suggest SeaLead Shipping will take two of the vessels on long-term charters, namely the...

The cruise industry convenes in Crete – Cruise lines meet with East Med Stakeholders at Posidonia Sea Tourism Forum

The 8th Posidonia Sea Tourism Forum (PSTF 2025) is set to bring together an elite assembly of global cruise industry leaders in Heraklion, Crete,...

DG MOVE leads security inspection Thessaloniki Port

The Port Authority of Thessaloniki S.A. was inspected by a team from the Directorate-General for Mobility and Transport of the European Commission (DG MOVE),...

Containerships: Freight rates are dropping

Container freight rates are falling, due to the increased shipping capacity as a result of the delivery of new vessels this year, but also...

Oil steady; market eyes OPEC+ output increase, US tariffs

Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed plans by major...

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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...