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AD Ports Group signs 30-year agreement with Aqaba Development Corporation to manage and operate Aqaba Multipurpose Port in Jordan

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC)...

Maersk delivered a strong 2025 with progress across the business

A.P. Moller – Maersk A/S delivered a strong performance in all businesses in 2025 as volume growth, operational execution and proactive cost measures helped...

Design and equipment contract for Transpetro’s new tanker fleet

Kongsberg Maritime has been contracted by Consórcio Marenova to design and equip four methanol/ethanol-ready handy size product tankers. The vessels will be built at...

NYK concludes long-term charter agreement for new LNG Carriers with US LNG Giant Cheniere

NYK Line, in partnership with Ocean Yield AS, has signed multiple long-term charter contracts for new liquefied natural gas (LNG) carriers with Cheniere Marketing...

Port of Virginia expands ultra-large containership capacity at Norfolk

The Port of Virginia is continuing to modernize and expand its operation and recently debuted additional capacity to safely handle simultaneous calls of ultra-large...

DYNAMARINe – Maran Shuttle Tankers Collaboration

DYNAMARINe announced the integration of the Maran Shuttle Tankers fleet, owned by the Angelicoussis Group, interests of Maria Angelicoussis, into the DYNAMARINe STS Service...

NORDEN reports net profit of USD 120 million (DKK 796 million) in FY 2025 29/2026

Group net profit amounted to USD 120 million in 2025, driven by both the dry cargo and tanker units. USD 50 million came from...

Hapag-Lloyd and Maersk to transit Red Sea with one Gemini service

A.P. Moller - Maersk and Hapag-Lloyd have decided to change the routing of one of their shared services under the Gemini Cooperation, transitioning it...

KESTO secures first contracts with Vestas in South Korea

The ESVAGT and KMC Line joint venture, KESTO, will provide offshore service logistics for Vestas on Shinan-Ui offshore windfarm. KESTO, the new joint venture between...

Wärtsilä to further expand its production capacity in Finland by 35% to meet global increase in demand in energy and marine

Technology group Wärtsilä will invest approximately EUR 140 million to further expand its production capacity by 35% at its technology centre, Sustainable Technology Hub...

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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...