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Daewoo Shipbuilding bags W487b order for 2 LNG carriers

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has signed a 486.7 billion-won ($410.9 million) deal to construct two LNG carriers. DSME will...

Global Ship Lease sees Q3 profit quadruple

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and nine month periods ended September 30, 2021. Third Quarter 2021...

Noble Corporation, Maersk Drilling announce agreement to combine

Noble and Maersk Drilling announced that they have entered into a definitive business combination agreement to combine in a primarily all-stock transaction. Following the...

Navios Partners posts strong third quarter financial results

Navios Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the third quarter and nine month...

Performance Shipping posts Q3 net loss

Performance Shipping reported a net loss from continuing and discontinued operations attributable to common stockholders of $2.2 million for the third quarter of 2021,...

Danaos posts record Q3 profits

Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the period ended September 30, 2021. Highlights for the Third Quarter...

StealthGas: Filing of Registration Statement Relating to Proposed Spin-Off of Tanker Vessels

StealthGas announced that, through a wholly-owned subsidiary, it has filed a registration statement on Form F-1 pursuant to the Securities Act of 1933 to...

Eagle Bulk posts Q3 net income of $78.3 mln; declares $2.00 per share dividend

Eagle Bulk, one of the world’s largest owner-operators within the drybulk vessel segment, reported financial results for the quarter ended September 30, 2021. Quarter highlights: Generated Revenues,...

Euronav expecting upturn after tough third quarter

Euronav NV reported its non-audited financial results for the third quarter ended 30 September 2021. Hugo De Stoop, CEO of Euronav said: ”We have...

MOL to Start Development of Large-size Ammonia Carrier Powered by Ammonia Fuel

MOL announced an agreement on the joint development of a large-size ammonia carrier—also powered by ammonia fuel—with Namura Shipbuilding and Mitsubishi Shipbuilding. Currently, ammonia is...

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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...

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...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

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...