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Fairfax Financial Holdings Limited: Financial Results for the First Quarter

Fairfax Financial Holdings Limited announces net earnings of $945.7 million ($42.70 net earnings per diluted share) in the first quarter of 2025 compared to...

Thessaloniki Port Authority hosts 21st European Ports conference on May 8-9

Thessaloniki welcomes leading representatives of the European port industry on May 8 and 9, as part of the 21st Annual European Ports Conference, hosted...

Clarksons issues tariff profit warning

Clarksons has lowered its annual profit forecast, citing the impact of US tariffs. The London-listed shipbroker published a trading update ahead of its annual general...

Wallenius Wilhelmsen completes Armacup acquisition

Wallenius Wilhelmsen has finalized the acquisition of the remaining shares in Armacup, taking its ownership from 65 percent to 100 percent. The deal closed on...

Excelerate Energy announces full exercise and closing of option to purchase shares

Excelerate Energy, announced that the underwriters of its previously announced underwritten registered public offering of 6,956,522 shares of Class A common stock have fully...

d’Amico announces the conclusion of new time charter contracts at highly profitable rates

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announces that its operating subsidiary, d’Amico Tankers D.A.C., has...

COSCO’s profits surge ahead of U.S. tariff storm

Cosco Shipping Holdings Co.’s profit jumped, along with improved revenue from its transpacific routes, as customers front-loaded shipments ahead of new fees from the...

PPA reports strong growth in profitability and operations in Q1 2025

Piraeus Port Authority (PPA)’s profits showed significant improvement in the first quarter of 2025, compared to the first quarter of 2024, while the company’s...

Celestyal agrees multi-year partnership with Ras Al Khaimah Tourism Development Authority

Celestyal has signed a three-year agreement with the Ras Al Khaimah Tourism Development Authority. The multi-year partnership, agreed at Arabian Travel Market in Dubai, will...

Shipping volume will plummet 35% next week, LA port official says in CNBC interview

The Los Angeles port is expecting a 35% drop in cargo from Asia next week, Gene Seroka, the port's executive director, said in a...

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United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

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...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

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)...