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Danaos profit soars in ‘exceptional’ first quarter

Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the quarter ended March 31, 2022. Highlights for the First Quarter...

Global Ship Lease Announces New Forward Charter Agreement

Global Ship Lease announced a forward agreement of a 48-52 month charter for the 8,600 TEU, 2004-built GSL Ningbo. The charter under the new...

Sovcomflot Sells Vessel to Meet EU Sanctions

Sovcomflot has finalized the restructuring of its loan portfolio through the sale of more than 10 percent of the operator of tankers and gas...

Euroseas: Construction of Two Additional Fuel Efficient 2,800 teu Feeder Containerships

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced that it has exercised its option to...

Pyxis posts $3.4m loss in the first three months of 2022

Pyxis Tankers, an international pure play product tanker company, announced unaudited results for the three months ended March 31, 2022: Summary For the three months ended...

China’s economic data disappoint in April as Covid controls weigh

China reported a drop in retail sales and industrial production in April — far worse than analysts had expected. Retail sales fell by 11.1%...

Okeanis profitable in first quarter of the year

Okeanis Eco Tankers Corp. reported unaudited interim condensed results for the three-month period ended March 31, 2022. Q1 2022 Highlights: Time charter equivalent (“TCE”, a...

CMA CGM Launching Early Container Return Incentive Program

The CMA CGM Group, a global leader in sea, land, air and logistics solutions, announced that it will implement the shipping industry's first Early...

Euronav announces first quarter 2022 results

Euronav NV reported its non-audited financial results for the first quarter ended 31 March 2022. Hugo De Stoop, CEO of Euronav said: “The conflict...

Atlas continues its solid financial results in Q1

Atlas announced its results for the quarter ended March 31, 2022. Highlights: First quarter 2022 financial performance compared to first quarter 2021: Revenue growth of 9.5% to...

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TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Greek ferry sector ‘battered’ by soaring fuel costs

The Greek ferry sector is being squeezed by soaring fuel costs, with the price...

Strait of Hormuz ship crossings remain in single digits, data shows

Vessel transits through the Strait of Hormuz ​remained in the single digits at four...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...