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Havila Shipping ASA: Contract with TotalEnergies for PSV Havila Herøy

The company has signed contract with TotalEnergies EP Norge AS for the PSV Havila Herøy.The contract is for an operation planned to be 136...

SeaLead appoints Cho Kit Wei as chief executive officer

SeaLead announced the appointment of Cho Kit Wei as Chief Executive Officer of SeaLead, effective 2 March 2026. Kit currently serves as Chief Operating...

ZIM to be acquired by Hapag-Lloyd in $4.2 billion deal

ZIM Integrated Shipping Services Ltd. announced that it has entered into a merger agreement, under which Hapag-Lloyd will acquire ZIM for $35.00 per share...

APM Terminals and Eurogate plan to turn NTB into one of the most modern and efficient terminals in Europe – 1bn Euro investment for...

APM Terminals, a subsidiary of A.P. Moller – Maersk (Maersk), and Eurogate aim for and are in advanced negotiations for a long-term partnership under...

DP World announces appointment of chairman and Group CEO

 DP World Limited announces that Group Chairman and CEO, Sultan Ahmed bin Sulayem has resigned from the company, effective immediately.  The Board announces that His...

Pacific Basin sets shareholder pact with Caravel

Pacific Basin Shipping announced that on 16 February, 2026, the company, The Caravel Group and Caravel Maritime Ventures entered into a shareholder’s agreement in...

Hapag Lloyd giant in talks to buy Israel’s Zim

The Management Board of Hapag-Lloyd Aktiengesellschaft is in advanced negotiations regarding a potential acquisition of all shares in its Israeli competitor Zim Integrated Shipping...

Pistiolis turns to China for 10 product tankers

In a move that marks a change in strategy in newbuildings, shipowner Evangelos Pistiolis is turning to China for the first time in years,...

HD Hyundai achieves record 6 trillion won profit

HD Hyundai, led by Chairman Chung Ki-sun, has opened the era of 6 trillion won (approximately $4.1 billion) in operating profit. Compared to approximately...

HMM maintains solid profitability in 2025 despite weak market

South Korean shipping giant HMM reported a net profit of KRW 1,879bln in 2025 (about $1.29bln) and an operating profit of KRW 1,461bln. The company’s...

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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...