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Stolt-Nielsen posts second-quarter net profit of $113.3 million

Stolt-Nielsen Limited reported unaudited results for the second quarter ending May 31, 2023. The Company reported a second-quarter net profit of $113.3 million before an...

Baltic index steady as larger vessels snap losing streak

The Baltic Exchange’s main sea freight index was little changed on Thursday as the capesize and panamax segments snapped their recent losing streaks, helping...

Konstantakopoulos acquires 5.1% stake in Seanergy

A private entity controlled by Costamare CEO and major shareholder Konstantinos Konstantakopoulos has acquired 1.017 million shares in Stamatis Tsantanis-led Seanergy Maritime Holdings. According...

Costamare Appoints New Chief Commercial Officer

Costamare has appointed Peter Lund as Chief Commercial Officer. He is expected to take up his position with Costamare in October 2023. Mr. Lund is...

Ransomware Attack Hits Japan’s Biggest Port

Japan’s biggest maritime port was crippled by an alleged Russian cyberattack, disrupting cargo as operators rushed to prevent a wider delay in shipments. Ransomware —...

Russian crude exports fall to 4-month low

Russian seaborne crude exports fell 10% on the month in June to their lowest levels since February, according to tanker tracking data, as sales...

OOCL Sees Total Second Quarter Revenues Drop

Orient Overseas Container Line (OOCL) announced its unaudited operational update for the second quarter ended 30th June 2023. For the second quarter ended 30th June...

Baltic index falls to 1-month low on waning vessel demand

The Baltic Exchange’s main sea freight index fell to its lowest in one month on Wednesday as weakness in steel and coal markets weighed...

Greece’s new Shipping Minister meets with Union of Shipowners

Greece’s Minister of Shipping and Island Policy, Miltiadis Varvitsiotis, met with the Board of Directors of the Union of Greek Shipowners this week. In the...

Russian grain exports may slip from record-high 2022/23 – lobby group

Russia may export at least 55 million tonnes of grain in the 2023/24 marketing season, slightly less than the estimated record-breaking 57 million tonnes...

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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...