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Maersk Sets up Green Methanol Fuel Company

Maersk has teamed up with its majority owner to form a new company to produce “green methanol”, the shipping company said on Thursday, as...

Transocean Announces $486 Million Contract for Deepwater Aquila

Transocean announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila with a national oil company for work offshore Brazil. The contract is expected...

Port Hedland Iron Ore Exports Edge Up 4% in August

Pilbara Ports Authority has delivered a total monthly throughput of 62.8 million tonnes (Mt) for August 2023, consistent with the August 2022 throughput. The Port...

Thessaloniki, Gdańsk ports to explore synergies

Thessaloniki Port Authority S.A is expanding its role as a port of international importance through a new cooperation with the Port of Gdańsk Authority...

Hapag-Lloyd CEO: Counteroffer for HHLA would not be in our interest

Hapag-Lloyd CEO Rolf Habben Jansen said on Thursday that it would not be in the container shipper’s interest to make an offer for HHLA...

Baltic index scales over 3-1/2-month high

The Baltic Exchange’s main dry bulk sea freight index rose for the seventh straight session on Thursday as demand strengthened across vessel segments. The overall...

Iron ore extends gains on pre-holiday restocking expectation

Iron ore futures climbed for a third consecutive session on Wednesday, buoyed by expectations of pre-holiday restocking demand from steelmakers in top consumer China,...

Navios Holdings Announces Receipt of Buyout Offer

Navios Holdings announced that its board of directors received an unsolicited non-binding proposal from N Shipmanagement Acquisition Corp. (“NSC”) to acquire all of the...

Globus Maritime earnings in the red

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...

MSC offers to buy stake in Hamburg port operator

MSC, the world’s biggest container shipping company, is offering to buy almost half of the main operator of Hamburg port, in a deal that...

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Golar LNG Limited Interim results for the period ended March 31, 2026

Golar LNG Limited Interim announced results for the period ended March 31, 2026. Recent highlights Golar LNG Limited reports Q1 2026 net income attributable to Golar...

ZIM reports financial results for the first quarter of 2026

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced its consolidated results for the three months ended March 31, 2026. First Quarter...

Dorian LPG posts biggest profit in nine quarters

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers, reported its financial results for the three months and fiscal...

Star Bulk posts strong Q1 results; net profit at USD 58.5 mln

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for...

Ocean Yield AS announces half yearly financial reports and audit reports

Ocean Yield AS announces results for the first quarter 2026. HIGHLIGHTS EBITDA for Q1 2026 was USD 47.3 million and Adjusted EBITDA was USD 82.3 million. Net...

Celestyal wins Gold Award at the ESG Shipping Awards International for its pioneering application...

Celestyal, through Optimum Ship Management, was distinguished in the Industry Partnership Leader Award category,...

Tankers exit Hormuz as Trump, Vance talk up Iran deal prospects

Two Chinese tankers laden with oil exited the Strait of Hormuz on Wednesday, shipping...

MSC Cruises: Focus on cruise development in Rhodes and the Dodecanese

MSC Cruises and Explora Journeys hosted an event aboard the luxury cruise vessel EXPLORA...

New ship recycling joint venture established in Bahrain

Bahrain's Arab Shipbuilding and Repair Yard (ASRY) and Indian ship recycling company the Priya...

Norway joins EU’s Baltic Sea Region cooperation amid greater security focus

Norway said on Monday it has joined the European Union's Strategy ​for the Baltic...

10th Naftemporiki Shipping Conference-Karakostas (PPA): Piraeus will rise even higher on the global port map

Angelos Karakostas, Deputy CEO of the Piraeus Port Authority, referred to the strategic role of ports — and particularly Piraeus — in the new...

PPA hosts Georgian delegation to explore cooperation in ports and logistics infrastructure

Piraeus Port Authority (PPA) welcomed a delegation from Georgia, headed by Tamar Ioseliani, who represented Georgia’s Minister of Economy and Sustainable Development, Mariam Kvrivishvili. Ioseliani...

MBS Logistics to be acquired by AD Ports Group

MBS Logistics Group has entered into a binding agreement to be fully acquired by AD Ports Group on 18 May 2026. The transaction covers...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...