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Subsea 7 agrees to combine its Renewables business unit with OHT

Subsea 7 announced an agreement to combine its Renewables business unit with OHT, subject to the customary approvals, conditions and relevant employee consultations. The...

Firmer capesize rates buoy Baltic index

Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, snapped a five-session losing streak on Wednesday on...

Korean Shipbuilders Continuing to Outperform Chinese and Japanese Rivals

Clarksons Research reported on July 6 that the shipbuilding contracts signed last month added up to 4.15 million CGT (131 ships), including 1.82 million...

Ever Given containership set to leave Suez Canal

The container ship that blocked the Suez Canal in March and has been detained there since is due to finally resume its journey on...

Tankers freight seen weak in Q3 as supply weighs

The global tanker markets are likely to stay weak in the third quarter due to the significant slowdown in trade flows, which will take...

Goldman sees crude oil output path uncertain as OPEC+ talks cease

Goldman Sachs said the collapse of OPEC+’s oil output talks have introduced uncertainty into the group’s production path, while maintaining its view of $80...

Procopiou named highest bidder for Hellenic Shipyards

A double tender for the sale of Hellenic Shipyards SA, Greece's biggest shipyard, in the town of Skaramangas, concluded on Wednesday with ship-owner George...

Seaspan Orders Ten 7,000 TEU Dual-Fuel LNG Containership Newbuilds

Seaspan, a wholly owned subsidiary of Atlas, announced that it has entered into long-term charters with ZIM relating to ten ultra-modern 7,000 TEU dual-fuel...

TORM: Capital increase in connection with delivery of vessel

With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team...

Safe Bulkers Announces Agreement for the Acquisition of a Kamsarmax Newbuild Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the acquisition of a Japanese-built,...

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Wallenius Wilhelmsen delivers another strong quarter

Wallenius Wilhelmsen continued a steady course through Q3, reporting an adjusted EBITDA of USD 471m. Total revenue for Q3 was USD 1,331 and adjusted EBITDA...

Ardmore Shipping Corporation announces financial results for the three and nine months ended September 30, 2025

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2025. Highlights and Recent Activity Reported Adjusted earnings of $12.6 million and...

Navigator Gas announces preliminary third quarter 2025 results

Navigator Gas announced preliminary third quarter 2025 results. Third Quarter Financial Highlights On November 4, 2025, the Board of Directors of Navigator Holdings Ltd., (NYSE: NVGS)...

ONE reports $285M Q2 profit; forecasts 2H loss

Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025). The revenue for FY2025 2nd quarter was...

Costamare posts Q3 profit; expands fleet

Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2025. Discontinued operations as a result of Costamare Bulkers...

Suez Canal Authority denies role in detention of sanctioned Russian tanker

In response to circulating news reports regarding the Suez Canal Authority's detention of the...

Baltic Index rises to two-week high on stronger capesize and panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Baltic Index rises on firmer capesize rates

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry...

Baltic Index hits over three-week low as vessel rates weaken across segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry...

Baltic Index Extends Gains On Rising Capesize Prices

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....

Piraeus Port sees revenue increase in 1H2025

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Major new $131 million expansion announced for Port of Mobile container terminal

Port officials have announced plans for yet another expansion to Mobile’s container terminal, capitalizing on a recently completed project to widen and deepen the...

Panama Canal begins industry engagement for the development of port terminals

The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both...