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Contships completes vessel sales, acquisition of feeder boxship

During the fourth quarter of 2024, Contships completed the sale of five boxships, while it plans to sell two more. At the same time, the...

TEN orders shuttle tankers worth $1.3 billion

Tsakos Energy Navigation (TEN) is reportedly in advanced negotiations for signing new contracts to build an additional nine Shuttle Tankers at Samsung Heavy Industries....

Diana Shipping posts profitable quarter

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $9.7 million and...

Safe Bulkers announces a three million shares of common stock repurchase program

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has authorized a program under which it may from time to...

TMS Cardiff Gas reportedly selling LNG steamship

TMS Cardiff Gas is reportedly selling a steam turbine LNG carrier. Specifically, broker reports suggest the 145,000-cbm Condor LNG (ex-GasLog Athens, built 2006) is...

EuroDry: Low market in Q4 reflected in financial results

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced its results for the three and twelve-month...

StelathGas posts record annual profits for 3rd consecutive year

STEALTHGAS, a ship-owning company serving the liquefied petroleum gas sector of the international shipping industry, announced today its unaudited financial and operating results for...

Performance Shipping posts USD 43.7 million net income in 2024

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $9.7 million and net income attributable to...

Star Bulk sells Bittern supramax

Star Bulk Carriers revealed the sale of supramax bulk carrier Bittern (57,800 dwt). The price and buyer of the vessel were not revealed.

Diana Shipping announces time charter contract for m/v Myrsini with Cargill

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned subsidiary, it...

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HHLA lowers earnings forecast for the 2026 financial year

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik...

Stena signs agreement to acquire Color Line

The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color...

TEN announces common shares dividend and share repurchase authorization

TEN, Ltd., following the conclusion of the Company’s Strategy Meeting, the Company today announced that in January 2027 it will distribute its first semi-annual...

UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

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...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

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%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...