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Norden expands into port logistics

NORDEN has entered port logistics, signing a major contract with mining company Comilog - a subsidiary of French metallurgical group Eramet. Over the 10-year agreement,...

CMA CGM: Black Sea and Ukraine situation update

The CMA CGM Group has been closely monitoring the situation in Ukraine and the Black Sea region. Over the past several days, we have...

Genco focuses on dividends, fleet renewal in strong dry bulk market

Genco, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months and twelve...

Golar LNG: Preliminary fourth quarter and financial year 2021 results

Golar LNG Limited announced its preliminary fourth quarter and financial year 2021 results. Highlights Total Q4 operating revenues of $115.0 million and Adjusted EBITDA1 of $93.5...

Navios Holdings posts ‘excellent results’ for the fourth quarter and full year of 2021

Navios Holdings, a global seaborne shipping and logistics company, reported financial results for the fourth quarter and year ended December 31, 2021. Highlights Net Income $31.8 million...

Teekay Corp: Improved adjusted results in fourth quarter of 2021

Teekay Corporation reported results for the fourth quarter and year ended December 31, 2021. CEO Commentary “Our adjusted results in the fourth quarter of 2021...

Gazprom says gas shipments to Europe continue after Ukraine invasion

Russian gas exporter Gazprom said Feb. 24 that its shipments of Russian gas via Ukraine to Europe are continuing as normal, hours after officials...

Baltic index snaps 4-day winning streak as larger vessel rates fall

The Baltic Exchange’s dry bulk sea freight index snapped a four-session winning streak on Thursday, weighed down by lower rates for capesize and panamax...

Ukrainian Port City of Mariupol Comes Under Fire

A residential area of Mariupol in southeastern Ukraine was hit by shelling on Thursday as residents worried that Russian forces will try to take...

Top Ships agrees charter deals for three vessels

Top Ships has reportedly agreed a charter deal for its vessels Eco Bel Air and Eco Beverly Hills to an undisclosed oil trader for...

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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.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

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...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...