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ZIM reports financial results for the third quarter of 2025

ZIM Integrated Shipping Services announced its consolidated results for the three and nine months ended September 30, 2025. Third Quarter 2025 Highlights Net income for the...

Baltic index rises to near two-year high on higher rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to its highest level in nearly...

A new port at the Elefsis Shipyards: US Gateway to Europe for trade, energy, defense

The ONEX Shipyards in Elefsis will be used by the US to open their own commercial and energy corridor to Central and Eastern Europe,...

China buying sanctioned Russian LNG at deep discounts

Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August to entice Chinese buyers to...

APM Terminals to invest $550 mln in Peru’s Callao port

Dutch port operator APM Terminals will invest $550 million to expand Peru's Callao port starting in January, chief commercial officer for the company's Peru...

Solid October volume at port of Los Angeles puts 10 million container unit-mark within reach for 2025

The Port of Los Angeles processed 848,431 Twenty-Foot Equivalent Units (TEUs) in October, a solid performance given all the trade volatility this year. After...

Hoyer and VMS Group create a global one-stop partner for power and motion solutions

Hoyer, a global supplier of electric motors and automation solutions, and VMS Group, a leading marine service provider, announced the creation of Hoyer VMS...

Odfjell Drilling extension of Deepsea Nordkapp

Odfjell Drilling Ltd. announced that it has received signed confirmation from Aker BP ASA (“Aker BP”) that it will extend the firm contract period...

Samsung Heavy wins seven container ship order worth 1.9 trillion won

Samsung Heavy Industries said on the 20th that it won an order for seven container carriers from a shipowner in Asia for 1.922 trillion...

The Greek maritime industry at the forefront of EUROPORT 2025

Enterprise Greece once again supported the Greek participation in EUROPORT 2025, the International Exhibition for the complex shipbuilding industry and innovative technology, which took...

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TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...