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DP World grows Brazil contract logistics footprint with Suzano warehouse deal

DP World is expanding its contract logistics platform in Brazil after securing a five-year agreement to manage warehouse and production line supply operations for...

Samudera Shipping’s H2 2025 profit down 30.2% at US$34.9 million; special dividend proposed

Samudera Shipping posted a 30.2 per cent drop in net profit to US$34.9 million for H2 FY2025, from US$50 million in the year before. This...

International Seaways reports fourth quarter and full year 2025 results

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

Cruise tourism supports 445,000 jobs and contributes €64.1 billion to Europe’s economy

· The cruise industry supports a broad European industrial and tourism ecosystem, delivering tangible benefits across national and local economies · Cruises promote peripheral destinations,...

APM Terminals begins temporary operations at the Port of Balboa in Panama

APM Terminals has begun temporary operations at the Port of Balboa (Pacific side) in Panama for a period of up to 18 months. During...

Excelerate Energy reports record full year results for 2025, provides 2026 outlook

Excelerate Energy, Inc. reported its financial results for the fourth quarter ended December 31, 2025. RECENT Highlights Reported Net Income of $39.1 million for the fourth...

London P&I Club sees continued growth in latest renewals update

The London Club reports another positive renewal which has once again indicated a clear vote of confidence in the Club. "The strength of our...

Greek shipping shares soar in US market due to strong freight rates

The global tanker market is going through a period of intense momentum, with freight rates moving at levels that dramatically boost companies’ cash flows...

Seatrium doubles FY2025 net profit to s$324 million lifted by margin expansion

Seatrium Limited has delivered net profit of S$323.6 million for the financial year ended 31 December (“FY”) 2025, a 106% increase from S$156.8 million...

5,800 ships of the Greek-owned fleet in 174 countries

The Greek fleet made more than 160,000 calls in 174 countries in 2023, confirming the global footprint and geoeconomic importance of the sector. As reported...

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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...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

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...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...