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Piraeus Port Authority to distribute 1.04-euro per share dividend

The Piraeus Port Authority (PPA), which owns and manages the biggest and busiest port in Greece, will distribute a 1.04-euro per share dividend, following...

Cosco Launches Electric Container Ship

Cosco’s 700TEU electric container vessel was successfully launched at COSCO SHIPPING Heavy Industry (Yangzhou).  It marks a significant advancement in the adoption of fully battery-powered...

Seanergy profitable in Q2 in volatile market

Seanergy Maritime Holdings Corp., announced financial results for the second quarter and six months ended June 30, 2023. The Company has also declared a quarterly...

Dorian LPG enjoys ‘fine’ first quarter financial results

Dorian LPG reported financial results for the three months ended June 30, 2023. Key Recent Developments Declared an irregular cash dividend totaling $40.4 million to be...

Scorpio Tankers Posts Q2 Net Income of $191.1 million

Scorpio Tankers reported its results for the three and six months ended June 30, 2023. The Company also announced that its board of directors has...

HD Hyundai Cements No. 1 Position in Marine Engine Market

HD Hyundai, which has an unrivaled presence in the world marine engine market, has further strengthened its position with the acquisition of STX Heavy...

Baltic index snaps 5-day winning streak as capesize rates slip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a five-session winning streak on Wednesday, on a...

Economou orders bulk carriers in China

TMS Dry has reportedly ordered two kamsarmax bulk carriers with a capacity of 82,000 dwt each at Chengxi. The two vessels are expected to...

Capital Product Partners exits dry bulk sector

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2023. Highlights  Three-month periods ended...

Pope urges Russian ‘brothers’ to restore Black Sea grain deal

Pope Francis on Sunday called on Russia to reverse its decision to abandon the Black Sea grain deal, under which it had allowed Ukraine...

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Maersk slides as investors brace for ‘Bleak’ quarters ahead

A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit guidance. Maersk’s underlying earnings before interest, tax,...

International Seaways reports third quarter 2025 results

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

TORM plc Q3 2025 results, dividend distribution, and financial outlook 2025

“TORM delivered its strongest quarterly result so far in 2025, demonstrating the strength of our integrated operating model and the people behind it,” says...

A Decade on the Stock Exchange: Hapag-Lloyd marks 10 years of sustainable growth and value creation

Hapag-Lloyd celebrates the tenth anniversary of its listing on the Frankfurt Stock Exchange. Since its IPO in November 2015, the Hamburg-based company has evolved...

Dorian LPG profit at highest level in six quarters

Dorian LPG, a leading owner and operator of modern very large gas carriers, announced that its Board of Directors has declared an irregular cash...

Kit Kernon passes away prematurely – Global shipping is poorer

Kit Kernon, one of the most influential people in global shipping, has passed away....

Baltic Index extends gains to hit over two-week high on strong vessel rates

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

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...

AD Ports Group signs agreement with CMA CGM Group to acquire minority stake in Latakia International Container Terminal in Syria

AD Ports Group, a leading global enabler of trade, logistics, and industry, signed a Joint Venture and Shareholders agreement with France-based CMA CGM Group,...

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...