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CMA CGM delivers ‘very good’ quarterly financial results

The Board of Directors of the CMA CGM Group, a world leader in shipping and logistics, met today under the chairmanship of Rodolphe Saadé,...

Castor Maritime Announces New Charter Agreements

Castor Maritime Inc., a diversified global shipping company, announces that: The M/V Magic Nova, a 2010 built Panamax dry bulk carrier, has been fixed on...

Diana reports net income of $14.7 million in Q3

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, reported net income of $14.7 million and net income attributed...

Euroseas boosted by record high containership charter rates in third quarter

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three- and...

Capital Maritime orders MR tankers at HMD

Capital Maritime & Trading is reported to be adding six MR tankers being built at Hyundai Mipo Dockyard to its fleet. The 50,000 dwt vessels...

Star Bulk reports a record third quarter

Star Bulk, a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the third...

Pyxis Aquires 2017 Built MR Product Tanker

Pyxis Tankers, an international pure play product tanker company, announced its unaudited results for the three and nine month periods ended September 30, 2021. Summary For...

Change of CEO for Concordia Maritime

Erik Lewenhaupt will take over as CEO of Concordia Maritime on 1 January 2022. He succeeds Kim Ullman, who has informed the Board of...

EU set to block HHI’s $2 bil. acquisition of DSME – report

Despite Hyundai Heavy Industries' (HHI) submission of a number of solutions to address concerns over fair competition among large container vessel builders, the European...

TEN agrees charters for two VLCCs with oil majors

Tsakos Energy Navigation (TEN) has agreed long-term charters for two of its VLCCs. The charters, to oil majors, have a duration of 3-5 years. The...

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NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Europe targets shadow fleet tankers falsely flying Cameroon Flag, sources say

Europe is taking tougher action against tankers falsely using Cameroon’s flag registry to transport...

Celestyal to go west with new Mediterranean Odyssey sailings

Celestyal has unveiled its first dedicated Western Mediterranean programme, introducing a new 14-night voyage...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...