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Teekay posts strong Q1 results

Teekay Corporation reported results for the three months ended March 31, 2023. CEO Commentary “Teekay posted strong financial results in the first quarter of 2023, reporting...

Baltic index logs worst day in three weeks on lower vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell the most in three weeks on Thursday,...

MSC Cruises Bases New Ship In Piraeus For Summer 2023 Season

MSC Cruises held a major event on board MSC Musica in the port of Piraeus for nearly 200 members of the Greek travel industry...

Macquarie expects $1 bln from sale of U.S. port terminal operator Ceres

Australia’s Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal...

Intermodal Weekly Market Report [W18]

The Q1 of every year often sees a decline in dry bulk freight rates…

China’s April iron ore imports up 5% y/y

China’s imports of iron ore rose 5.1% in April from the same period the previous year, customs data showed on Tuesday, as buyers anticipated...

Baltic index rises on strong capesize, supramax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday, aided by higher rates for capesize...

Global Ship Lease to Acquire Four Post-Panamax Containerships on Multi-Year Charters

Global Ship Lease, announced that it has agreed to purchase and charter back four 8,500 TEU Post-Panamax containerships with an average age of approximately...

Diana Shipping Announces Time Charter Contracts

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that,...

Imperial Petroleum Reports Record Net Income of $35.7 Million in Q1

IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced its unaudited...

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Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results

Norwegian Cruise Line Holdings reported financial results for the second quarter ended June 30, 2026 and provided guidance for the third quarter and full...

United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

EU Forces Board Sanctioned Russian ‘Shadow Fleet’ Tanker

An EU naval mission led by Italy boarded a tanker from Russia’s so-called “shadow...

Two Tankers With Saudi Oil Exit Red Sea Over Weekend

Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend,...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

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...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...