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Safe Bulkers announces recapitulation agreements for the acquisition of four newbuild dry-bulk vessels

Safe Bulkers, Inc, an international provider of marine dry bulk transportation services, announced that it has entered into recapitulation agreements for the acquisition of...

TMS Cardiff Gas linked to VLGC order at HD Hyundai

TMS Cardiff Gas, led by George Economou, is being linked to new orders at a South Korean shipyard. More specifically, market sources suggest the Greek...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life support” after he rejected Tehran’s response to a U.S. peace...

Dynagas LNG Partners LP declares $0.05 dividend

Dynagas LNG Partners LP has approved a new quarterly cash distribution of $0.050 per common unit for the quarter ended March 31, 2026. The distribution...

Energy costs further pressure container transport

A new wave of increases in container freight rates has been recorded after three consecutive weeks of decline. A sharp rise in marine fuel...

Vroon sells Livestock Express fleet

Vroon has agreed to sell its livestock activities to agribusiness and shipping group Heytesbury.  The transaction covers all eleven owned livestock vessels plus 100% of...

Rodolphe SAADE signs strategic partnership agreement with Kenyan authorities

The CMA CGM Group, a global player in sea, land, air and logistics solutions, announces the signature of a high-level framework for joint cooperation...

ONE tied to US$1.2Bn order for six box ships in Korea

HD Hyundai Heavy Industries disclosed on 8 May that it had secured an order for six container ships from an unnamed Asian shipping company,...

Tanker owners post record earnings as Hormuz disruption forces detours

Product tanker owners are posting record earnings as the closure of the Strait of Hormuz forces long-haul voyages from the Atlantic Basin to replace...

LNG gains ground in shipping as an alternative fuel

Liquefied natural gas (LNG) is emerging as the shipping industry’s preferred alternative fuel for commercial vessels. Although the International Maritime Organization’s member states have yet...

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COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Q3 2026: KONGSBERG delivers a strong third quarter with a record-high order backlog

Kongsberg Gruppen ASA increased its revenues by 50 per cent to NOK 11.3 billion in the third quarter. High activity levels and strong demand...

Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

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%...