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Costamare posts record second quarter results, plans investment

Costamare reported unaudited financial results for the second quarter (“Q2 2022”) and six-months ended June 30, 2022. I. RECORD PROFITABILITY IN A SECOND QUARTER...

GasLog Partners agrees sale & charter deals on two LNG carriers

GasLog Partners LP Reported its Financial Results for the Second Quarter of 2022. Highlights Rechartered the Methane Rita Andrea, a steam turbine propulsion (“Steam”) LNG carrier,...

V.Group welcomes three new LNG Dual Fuel VLCCs

Global Ship Management Company V.Group has won the contract to manage three LNG dual fuel VLCCs for long term partner International Seaways. V.Group will be...

Scorpio Tankers posts record Q2 profit

Scorpio Tankers reported its results for the three and six months ended June 30, 2022. The Company also announced that its Board of Directors...

Dips across segments drag Baltic index to 5-month low

The Baltic Exchange’s main sea freight index hit its lowest in over five months on Thursday as rates across vessel segments extended their retreat....

Safe Bulkers sees 55% quarterly profit surge

Safe Bulkers announced its unaudited financial results for the three and six month periods ended June 30, 2022. The Board of Directors of the...

Crew Shortage Poses Major Challenge to Restoring Ukrainian Grain Exports

Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the proposed grains corridor designed...

Navios Partners Announces Acquisition of 36 Ships from Navios Holdings

Navios Holdings announced a definitive agreement providing for the sale of its 36-vessel drybulk fleet for an aggregate consideration of approximately $835.0 million consisting...

Ardmore reports record earnings for the second quarter

Ardmore Shipping Corporation announced results for the three and six months ended June 30, 2022. Highlights and Recent Activity Reported a net profit of $28.8 million...

Iranian tanker to retrieve oil cargo confiscated by US this week

An Iranian-flagged tanker anchored off Piraeus port is expected this week to retrieve part of its cargo which was confiscated by the United States...

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C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...