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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...

Canada Dockworkers Renew Strike Threat With Rejection Of Contract

Dockworkers on Canada’s west coast raised the possibility of a renewed labor disruption at the country’s busiest port after turning down a proposed contract. Members...

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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...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

«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...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact 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...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...