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Wednesday, March 19, 2025
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HHI expects planned IPO to raise as much as $940 mln

South Korean shipbuilder Hyundai Heavy Industries said on Tuesday its planned initial public offering is expected to raise as much as 1.1 trillion won...
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Pyxis sees ‘positive signs’ for product tankers

Pyxis Tankers, an international pure play product tanker company, announced its unaudited results for the three and six month periods ended June 30, 2021. Summary For...
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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...
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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...
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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...
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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...
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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,...
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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...
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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...
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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...
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Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

United Maritime achieves “significant progress” in 2024

United Maritime Corporation, announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The Company also declared a quarterly...

Pyxis takes “optimistic view, with challenges ahead”

Pyxis Tankers, an international shipping company, today announced unaudited results for the three months and year ended December 31, 2024. For the three months ended...

DP WORLD reports record revenue of $20.0 billion and EBITDA of $5.5 billion

DP World Limited has announced financial results for the year ended 31 December 2024. On a reported basis, revenue grew by 9.7% to $20.0...

Gulf Navigation gets green light to buyout Brooge Energy assets

The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the...

IMO to develop global strategy for maritime digitalization

The International Maritime Organization (IMO) is taking action to create a comprehensive strategy that...

MOL charters two more VLEC newbuilds to SCG

Mitsui O.S.K. Lines announced that on March 17, its group Company MOL Energia Pte....

Baltic Index down on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Celestyal marks 10-year anniversary with exclusive two-for-one offer

· Celestyal marked 10-year anniversary on March 13, 2025 · Two-for-one offer available on 88...

ICS and CMI launch updated campaign Promoting Maritime Treaty Ratification

The International Chamber of Shipping and the Comité Maritime International launch an updated campaign...

Greek ports record 5.6% passenger traffic increase in Q3

The total passenger traffic in Greek ports increased by 5.6% in the third quarter of 2024 compared to the third quarter of 2023, while...

DP World and Maersk sign long-term agreement to expand maritime services in Brazil

DP World, a global leader in logistics and supply chain solutions, has signed a long-term strategic agreement with Maersk, one of the world’s leading...

China ramps up criticism of BlackRock Ports deal

Chinese authorities increased pressure on CK Hutchison Holdings over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking...

Trade rises at Port of Long Beach in February

Trade moving through the Port of Long Beach rose for a ninth consecutive month in February as retailers continued to move goods ahead of...

Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

Hanseatic Global Terminals successfully completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group. CNMP LH operates the Atlantique container...

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