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Bumi Armada, MISC sign MoU to explore offshore business merger

Bumi Armada Bhd has signed a non-binding memorandum of understanding with MISC Bhd to explore the possibility of merging with the latter’s offshore business...

Safe Bulkers posts “good quarter”, sees charter market gradually softening

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and nine month periods ended September...

Fincantieri posts solid 9M results, lifts revenue forecast

The BoD of Fincantieri approved 9M 2024 results. STRONG ORDER INTAKE IN ALL BUSINESSES WITH TOTAL BACKLOG AT EURO 40.1 BILLION AND BACKLOG VISIBILITY UP...

MISC sees Q3 profit drop in complex market

Highlights of the MISC Group’s Financial Performance for the Third Quarter of 2024: Group revenue for the period ended 30 September 2024 was comparable to the...

Iron ore hits 3-week low on firmer supply, softer steel outlook

Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm amid a weaker steel...

Baltic index gains on higher capesize, panamax rates

The Baltic Exchange’s main sea freight index rose on Thursday, helped by rising rates across the capesize and panamax segments. The index, which factors in...

Celestyal to add a further 47 cabins to Celestyal Discovery increasing the number by 7.4%

Celestyal has revealed additional investment into its fleet with the latest refit plans for the line’s newest ship, Celestyal Discovery. The designs include the...

Celestyal to introduce new simplified fare structure ‘Celestyal One’

· New fare to replace ‘Experience’ and ‘Experience Plus’ packages · Prepaid food and beverage digital wallet to be introduced · Changes to take effect for...

Belships reports solid results in Q3

Belships ASA reported 3rd quarter 2024 results. HIGHLIGHTS  EBITDA of USD 27.0m including USD 1.5m from Norwegian Bulk Carriers Net result of USD 19.3m Declared dividend of...

Hapag-Lloyd achieves good result in first three quarters of 2024

Hapag-Lloyd concluded the first nine months of 2024 with a Group EBITDA of USD 3.6 billion (EUR 3.3 billion). The Group EBIT stood at...

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2020 Bulkers  – Transaction update

Reference is made to the recent stock exchange announcements published by 2020 Bulkers relating to the acquisition of companies owning or having contracts for...

Stolt-Nielsen posts USD 84.4 million net profit in Q3

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2026. The Company reported a third quarter net...

Danaos Corporation declares quarterly dividend on its common stock for the third quarter of 2026 and an extraordinary special dividend

Danaos Corporation, one of the world's largest independent owners of containerships declared a quarterly cash dividend of $1.00 per share on its common stock...

2020 Bulkers – Board resolution to approve the issuance of consideration shares and private placement shares

Reference is made to the stock exchange announcements published by 2020 Bulkers Ltd. in connection with: the Company’s acquisition of AHTS AS (the “AHTS Acquisition“), the...

Capital Maritime Finance launches Greece’s first shipping IPO with exclusive listing on Euronext Athens

Capital Maritime Finance Corp. (CMF) is launching Greece’s first shipping IPO, with all of its shares to be exclusively listed on Euronext Athens. The move...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

Macquarie pours more than $2 billion into Greek shipping

Macquarie, led by Marc Hari as head of shipping finance, has deployed more than...

Eastern Pacific Shipping and SUARDIAZ Group strengthen longstanding partnership with delivery of MV RS...

Eastern Pacific Shipping announced the delivery of MV RS Atlantico, marking a significant milestone...

Seanergy participates in Marine Money Week Asia

Seanergy Maritime Holdings President and CEO Stamatis Tsantanis took part in the 25th Marine...

EU’s Kallas says two countries may send ships to counter Houthis

Two countries signaled interest in sending ships to counter Houthi strikes in the Red...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...