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Euroseas Reports Results for the Year and Quarter Ended December 31, 2022

Euroseas announced its results for the three-month period and full year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights: Total net revenues of $42.9 million.Net...

Savannah exports up 21 percent in January

The Port of Savannah’s loaded container exports grew 21 percent in January. The nation’s busiest port for U.S. goods handled 110,305 twenty-foot equivalent container...

DB Schenker and MSC Seal Important Biofuel Deal

DB Schenker is expanding its green ocean freight services and has secured an arrangement to use 12,000 metric tons of biofuel component for all...

SFL Reports Q4 Net Profit of USD 48.5 Million

SFL Corporation Ltd. announced its preliminary financial results for the quarter ended December 31, 2022. Highlights 76th consecutive quarterly dividend declared, increased to $0.24 per shareNet...

Fortescue sees solid iron ore demand this year on China property support

Australia’s Fortescue Metals said it expects solid iron ore demand this year given China’s support for its property and construction sectors, as it reported...

Baltic Index falls on lower rates for larger vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday as rates for larger vessels dipped...

TOP Ships Inc. Announces Pricing of USD 13.6 Million Registered Direct Offering

TOP Ships announced that it has entered into a securities purchase agreement with several institutional investors to purchase approximately $13.6 million of its units...

Diana Shipping: Acquisition of Ultramax Dry Bulk Vessel

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that it has signed a Memorandum...

Safe Bulkers posts strong Q4 results; focus on fleet renewal

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and twelve month periods ended December...

Danaos reports USD 153 million net income in Q4

Danaos Corporation, one of the world’s largest independent owners of containerships, reported unaudited results for the fourth quarter and the year ended December 31,...

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TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...