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Golar posts best ever quarterly net income

Golar  announced the company’s best ever quarterly net income of $471.4 million, inclusive of a gain on disposal of Hygo Energy Transition Limited and...

International Seaways sees fleet optimization crucial with crude tanker earnings down 71%

Expectations of improving global ton-mile demand, tanker fleet optimization during the second half of 2021 provide support to International Seaway's performance after tanker owners...

Maersk continues shopping spree after strong earnings

Maersk announced the acquisition of two e-commerce companies on Friday as the world’s biggest container shipping line boosts its bet on land-based services. Maersk...

Marios Iliopoulos: “Rapid transport of firefighters to Rhodes proved we are and will always be firmly on the side of the Aegean Islands”

Seajets responded immediately to the request of the General Secretariat of Civil Protection and the Deputy Ministry of Civil Protection & Crisis Management to...

Seaspan: Charter extensions for 10 containerships

Seaspan announced that it has forward fixed contracts for 10 containerships with a major liner customer. The vessels, representing approximately 100,000 TEU in aggregate,...

Eagle Bulk reports record quarter

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

Scorpio Tankers Posts USD 51.1 Million Net Loss in Q2

Scorpio Tankers reported its results for the three and six months ended June 30, 2021. Results for the three months ended June 30, 2021...

Genco posts strongest quarter since 2010, clinches $450m loan

Genco, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months and six...

Celestyal Cruises on track to successfully complete scheduled summer itineraries at end of August

Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean is on track to successfully complete...

Danaos in “very strong financial position”

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

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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...

Navios Maritime Partners highlights strong bond market performance

Navios Maritime Partners, controlled by shipowner Angeliki Frangou, took part in Pareto Securities’ Greek Shipping Capital Markets Seminar, outlining its views on shipping, capital...

Maerks released its Interim Report for the 1st Quarter 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...

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...

NAPA and Samsung Heavy Industries partner to advance fuel-efficient ship design and operations

NAPA, the global provider of maritime software and data services, has signed a Memorandum...

Hormuz traffic climbs as supertankers sail into Persian Gulf

Traffic through the Strait of Hormuz picked up for the first time since Iran’s...

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...