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International Seaways reports second quarter 2025 results

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

Yangzijiang Shipbuilding’s net profit up 37% in H1

Yangzijiang Shipbuilding has reported a 36.7% increase in its net profit attributable to equity holders to $756m (RMB 4.2b) in the first half (H1)...

Baltic index rises as rates firm across all vessel segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday, buoyed by firmer rates across...

NORDEN adds new leases with purchase options

NORDEN added six new Multi-purpose (MPP) vessel leases with purchase options. “In parallel with our strategy to realise asset values, we are concurrently also entering...

VARD and North Star continue strategic partnership for two hybrid SOVs

VARD announced a new contract with the UK’s largest shipowner-operator North Star, marking a significant milestone in the companies’ shared commitment to sustainable maritime...

Preparatory works for the construction of the FSRU Terminal started in the Gulf of Gdańsk

GAZ-SYSTEM has started dredging operations in the Gulf of Gdańsk at the planned location of Poland's first FSRU Terminal. This is one of the...

Intermodal Weekly Market Report [W31]

A new fault line is emerging in global trade, this time between long-time strategic partners, the United States and India. Recent statements by U.S....

Iron ore nears one-week high on resilient China demand

Iron ore futures climbed on Tuesday to a near one-week high, aided by resilient near-term demand in top consumer China. However, price gains were limited...

Baltic index hits near three-week low as larger vessel rates fall

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week low on...

bp announces hydrocarbon discovery at Bumerangue exploration well, offshore Brazil

bp drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometres (218 nautical miles) from Rio de Janeiro, in...

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Volare Shipping completes listing on Euronext Growth Oslo

Volare Shipping Ltd., the Trafigura Group company established to own, operate and scale a modern fleet of oil tankers, commenced trading on Euronext Growth...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM announced the commencement of a secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord Holdings S.à r.l.,...

2020 Bulkers  – Transaction update

Reference is made to the recent stock exchange announcements published by 2020 Bulkers relating to the acquisition of companies owning or having contracts for...

Stolt-Nielsen posts USD 84.4 million net profit in Q3

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2026. The Company reported a third quarter net...

Danaos Corporation declares quarterly dividend on its common stock for the third quarter of 2026 and an extraordinary special dividend

Danaos Corporation, one of the world's largest independent owners of containerships declared a quarterly cash dividend of $1.00 per share on its common stock...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...