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May 17, 2021

CMA CGM Group to set U.S. East Coast and Canada Big Ship Record

The CMA CGM Group, a world leader in shipping and logistics, announced that it will break its own record for the largest vessel to ever...

May 14, 2021

Samsung Heavy Industries pioneers LNG pilot test and R&D center

Samsung Heavy Industries Co., one of three Korean shipyard majors, has become the first company to operate an LNG production, storage and delivery technology pilot...

May 13, 2021

Safe Bulkers Pursues its Fleet Renewal and Deleveraging Strategy

Safe Bulkers, an international provider of marine drybulk transportation services, announced that in relation to its fleet renewal strategy, it has entered into agreements (more…)

May 13, 2021

Costamare Announces Offering of Senior Unsecured Bonds on the Athens Exchange

Costamare announced that its wholly owned subsidiary, Costamare Participations Plc, plans to offer in Greece up to €100 million of unsecured bonds which will be...

May 13, 2021

Hapag-Lloyd posts strong Q1 financial results

Hapag-Lloyd has concluded the first quarter of 2021 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of roughly USD 1.9 billion (approximately EUR 1.6...

May 12, 2021

Seanergy Announces Delivery of Capesize M/V Flagship

Seanergy announced that it has taken delivery of the 176,387 dwt Capesize bulk carrier, built in 2013 by Mitsui Engineering & Shipbuilding Co., Ltd. in...

May 12, 2021

Pandemic propels makeover at shipping giant Maersk

Shipping group Maersk said on Tuesday it expects average returns on invested capital towards 2025 to be significantly above recent years, propelled by high demand...

May 11, 2021

Keppel Offshore & Marine awarded US$2.3b contract to build FPSO for Petrobras

Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has secured a contract, on the basis of an international tender, from Brazil’s National...

May 11, 2021

Castor Maritime Announces $18 Million Debt Financing

Castor Maritime, a diversified global shipping company, announced the closing and drawdown, through two of its ship-owning subsidiaries, of a $18.0 million senior term loan...

May 10, 2021

Scorpio Tankers Announces Financial Results for the First Quarter of 2021

Scorpio Tankers reported its results for the three months ended March 31, 2021. The Company also announced that its Board of Directors has declared a...

May 10, 2021

Diana Shipping Announces Time Charter Contract for m/v Myrsini With Bocimar

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...

May 7, 2021

Seanergy Takes Delivery of Capesize M/V Hellasship

Seanergy Maritime Holdings Corp. announced that it has taken delivery of the 181,325 dwt Capesize bulk carrier, built in 2012 by Imabari Shipbuilding Co. in...

May 7, 2021

GasLog Partners Reports 1Q2021 Financial Results

GasLog Partners LP, an international owner and operator of liquefied natural gas (“LNG”) carriers, reported its financial results for the three-month period ended March 31,...

May 6, 2021

Safe Bulkers posts biggest quarterly profit in 7 years

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three month period ended March 31, 2021. (more…)

May 6, 2021

Continued growth, high profit & additional share buy backs from Maersk in Q1

A.P. Moller - Maersk had an exceptionally strong start to the year, with strong earnings and growth momentum across all our businesses in ocean, port...