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OceanPal announces entry into support agreement with Sphinx Investment Corp.

OceanPal announced that it has entered into a Support Agreement with Sphinx Investment Corp. an affiliate of George Economou, which owns approximately 14.1% of...

Seanergy posts Q1 results; reveals capesize acquisition

Seanergy announced its financial results for the first quarter ended March 31, 2024. The Company also declared a quarterly cash dividend of $0.025 per...

Navios Partners reports “strongest ever” first quarter financial performance

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the first quarter ended...

Celestyal finalises agreement with Abu Dhabi and AD Ports Group

Celestyal has signed a Memorandum of Understanding with The Department of Culture and Tourism - Abu Dhabi alongside AD Ports Group. The MOU, signed...

Dynacom sells suezmax tanker Demetrios

Dynacom has reportedly sold 150,000-dwt crude carrier Demetrios (built 2011) to Grace Energy Shipping. The suezmax tanker is one of the oldest in the Dynacom...

Costamare reports strong Q1 earnings

Costamare reported unaudited financial results for the first quarter ended March 31, 2024. I. PROFITABILITY AND LIQUIDITY Q1 2024 Net Income available to common stockholders of...

International Seaways Reports First Quarter 2024 Results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the first...

Teekay Tankers Reports First Quarter 2024 Results

Teekay Tankers reported the Company’s results for the quarter ended March 31, 2024: First Quarter of 2024 Compared to Fourth Quarter of 2023 GAAP net income...

Dorian LPG announces management promotions

Dorian LPG announced the promotions of two current executives to increased positions of responsibility and the ringing of the New York Stock Exchange closing...

Euronav reports first quarter profit of $495 million

Euronav NV reported its non-audited financial results today for the first quarter ended 31 March 2024. For the first quarter of 2024, the Company realized...

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Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Danske Bank profit rises more than expected on high activity, low losses

Danske Bank on Thursday reported a ​third-quarter net profit above estimates, citing solid ‌customer activity and strong credit quality, and narrowed its full-year profit...

Boluda Shipping signs agreement to acquire Samskip and jointly build Europe’s leading short-sea network

Boluda Shipping and Samskip have signed an agreement under which Boluda Shipping will acquire Samskip. The acquisition will pave the way for Europe’s most...

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...

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...