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Globus Maritime: Revenues shoot up in first half

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter and six-month period ended June...

Seaspan Announces Newbuild Order For Ten 7,000 TEU Containerships

Seaspan, a wholly owned subsidiary of Atlas, announced that it has entered into an agreement with a major shipyard for ten 7,000 TEU modern...

Maersk to divest its container manufacturer to CIMC

A.P. Moller - Maersk (Maersk) signed an agreement on Monday 27 September 2021 to sell its reefer manufacturer, Maersk Container Industry (MCI), to China...

S. Korea: Top three shipyards overachieve annual order target

South Korea’s shipbuilding majors have overachieved this year’s annual order target on the rising demand for container carriers in line with global commerce recovery...

Höegh LNG Partners Announces a New Long-Term FSRU Contract for the Höegh Gallant

Höegh LNG Partners LP announced that it has entered into an agreement with a subsidiary of New Fortress Energy Inc to charter the Höegh...

SBM Offshore completes US$635 million bridge loan for FPSO Almirante Tamandaré

SBM Offshore announced that it has secured a US$635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré. The facility...

Castor Maritime: New Charter Agreements & Delivery of the M/V Magic Mars

Castor Maritime, a diversified global shipping company, announced that on September 20, 2021, it took delivery of M/V Magic Mars, the 2014 Korean-built Panamax...

Safe Bulkers Announces Sale of Kamsarmax Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the sale of MV Pedhoulas...

Top Global Companies Call for Zero Emissions Shipping By 2050

More than 150 leading companies and organizations including oil majors and port authorities on Wednesday called for the global shipping industry to be fully...

Subsea 7 awarded contract offshore Norway

Subsea 7 announced the award of a sizeable contract by OneSubsea, the subsea technologies, production and processing systems division of Schlumberger, for a project...

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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...