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Sale of “Skandi Peregrino” by DDW Offshore

Akastor ASA's subsidiary DDW Offshore AS has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million,...

CMA CGM reportedly investing in China-built boxships

CMA CGM is being linked by media reports to the acquisition of a dozen LNG dual-fuel vessels with an 18,000 teu capacity, constructed at...

Greek shipowners invest in new containerships

The rekindling of Greek shipowners’ investment interest in containerships is reflected in the series of new orders. Despite the sluggish start and the reduced dependence...

CMA CGM reports ‘solid’ 2024 Financial Results

CMA CGM reported 2024 Financial Results. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said:  “Our...

CMA CGM: US port fees on China vessels would affect all shipping firms

U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in...

China Merchants buys VLCC terminal in Brazil

CHINA Merchants Port, the port division of the state-owned conglomerate China Merchants Group, has acquired 70 % of Vast Infraestrutura, a company operating a...

Lauritzen Bulkers CEO steps down

The CEO of Lauritzen Bulkers, Martin Egvang, has decided to step down with immediate effect. In a statement issued on Friday (28 February), Egvang, who...

Trump reverses Chevron’s Venezuela oil license, citing lack of electoral reforms

U.S. President Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden...

KfW IPEX-Bank financing Carisbrooke Shipping’s diesel-electric general cargo vessel pair

Germany’s KfW IPEX-Bank has announced its support for Carisbrooke Shipping’s fleet modernisation programme with a financing of around €26 million, backed by Dutch export...

Ports of Rotterdam and Antwerp-Bruges call for swift implementation of Clean Industrial Deal

Port of Rotterdam and Port of Antwerp-Bruges welcome the Clean Industrial Deal, through which the European Commission intends to strengthen the competitiveness of...

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Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results

Norwegian Cruise Line Holdings reported financial results for the second quarter ended June 30, 2026 and provided guidance for the third quarter and full...

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...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

EU Forces Board Sanctioned Russian ‘Shadow Fleet’ Tanker

An EU naval mission led by Italy boarded a tanker from Russia’s so-called “shadow...

Two Tankers With Saudi Oil Exit Red Sea Over Weekend

Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend,...

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...

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)...