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Castor benefits from robust dry bulk market in Q1

Castor Maritime Inc., a diversified global shipping company, announced its results for the three months ended March 31, 2022. Highlights of the First Quarter...

Keppel O&M secures agreements for the utilisation of two jackup rigs

Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries signed agreements for the utilisation of two KFELS B Class rigs to...

Navios Holdings: Redemption of $25 Mln of 11.25% Senior Secured Notes due 2022

Navios Holdings, a global seaborne shipping and logistics company, announced that on May 6, 2022, the Company issued a notice of redemption with respect...

Capital Product Partners posts strong Q1 results

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2022. Highlights Three-month periods...

Costamare delivers strong results in first quarter

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2022 (“Q1 2022”). I. RECORD PROFITABILITY IN A FIRST QUARTER SINCE...

International Seaways sees return to profit in second-quarter

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the first...

Navios Partners Acquires 4 Newbuilding Tanker Vessels; Two Related Charter Deals

Navios Maritime Partners announced that it agreed to purchase four 115,000 dwt LR2 newbuilding vessels, for a purchase price of $58.5 million each (plus...

Greece’s launches new FSRU in Alexandroupoli

The official launch of a new floating storage regasification unit (FSRU) at Alexandroupoli was held yesterday, marking an important milestone not only for Greece’s...

Euroseas to Acquire two 4,250 teu Container Vessels, built in 2005 and 2007

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced that it has agreed to acquire M/V...

South Korea shipbuilders rue job cuts as LNG tanker demand surges – report

A surge in demand for liquefied natural gas tankers has left South Korea’s shipbuilding industry scrambling for workers after shedding half its work force...

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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%...