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Black Sea wheat prices hit multi-week highs amid shipping disruptions

Black Sea wheat prices have risen sharply over the past week amid escalated Russia-Ukraine attacks since July 10, which included strikes on vessels loading...

Drewry: World Container Index Down 2% Last Week

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, fell 2% to $4,547 per 40ft container. The decrease indicates that...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea oil route if the United States strikes Iranian power infrastructure,...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group AG. The new corporate brand “MPC Oceanic” combines its 30-year heritage...

CB&I to complete Kittiwake Journey with Life of Field contract award

CB&I’s Asset Solutions business (formerly part of Petrofac) has secured a further contract with EnQuest to continue managing the Kittiwake asset in the UK...

Swedish Government approves Fyrskeppet Offshore Wind Farm off the Coast of Uppsala

Developed by Skyborn Renewables (Skyborn), Fyrskeppet is one of the largest planned offshore wind projects in Sweden. Under the conditions outlined in the Government's...

Greek merchant fleet increased by 1.8% in May 2026

The Greek Merchant Fleet increased by 1.8% in May 2026 compared with May 2025, according to the Hellenic Statistical Authority (ELSTAT). An increase of 0.8%...

TOP Ships cancels Dubai real estate deal

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that it has elected not to exercise its option...

Dorian LPG declares irregular cash dividend of $1.00 per share and completion of the sale of Corsair

Dorian LPG Ltd. announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company’s common stock,...

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HHLA lowers earnings forecast for the 2026 financial year

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik...

Stena signs agreement to acquire Color Line

The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color...

TEN announces common shares dividend and share repurchase authorization

TEN, Ltd., following the conclusion of the Company’s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual...

UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

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...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

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...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...