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Dalian iron ore edges higher as China stimulus offers relief

Dalian iron ore edged higher on Thursday, buoyed by hopes of improved steel demand in China in 2023, as Beijing seeks to ensure economic...

Shell-backed consortium confirms EU grant deal for hydrogen-fueled tanker project

A consortium comprising Shell, TECO 2030 and some others has finalized a grant agreement with the EU to retrofit a handysize product tanker with...

Baltic index posts worst day in five weeks on lower vessel demand

The Baltic Exchange’s dry bulk sea freight index fell on Thursday, marking its biggest one-day percentage loss in five weeks, as demand waned across...

Eagle Bulk Announces Transfer of Listing to the New York Stock Exchange

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk segment, announced that it will transfer the listing of its shares from...

Saudi Arabia Invests $2.4 Billion in Key Dubai Ports

Saudi Arabia is buying stakes in three flagship DP World developments in the United Arab Emirates for $2.4 billion, in the latest sign that...

Carnival Corp Posts Smaller Loss

Carnival Corp on Wednesday posted a smaller-than-expected quarterly loss as the cruise operator kept a tight lid on operating costs, sending its shares up about...

MSC Group completes acquisition of Bolloré Africa Logistics

MSC Group is pleased to confirm that its wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The...

U.S. LNG exports both a lifeline and a drain for Europe in 2023

Record liquefied natural gas (LNG) exports from the United States helped soften the blow to Europe from sharply lower Russian pipelined natural gas supplies...

Port Of Los Angeles Awards $6 Million To Fund 22 Zero-Emission Trucks

The Port of Los Angeles has awarded a total of $6 million to two trucking companies and their truck manufacturer partners to speed up...

Baltic Index Climbs As Capesizes Reach Over 5-Month High

The Baltic Exchange’s dry bulk sea freight index rose on Wednesday, as a jump in capesize segment to its highest since mid-July offsets a...

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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.

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...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

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...