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Gulf Navigation gets green light to buyout Brooge Energy assets

The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the...

Sale of FPSO BW Pioneer with five-year O&M contract with the buyer

BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil...

OOIL sees profit nearly double in the previous year

Orient Overseas announced a profit attributable to equity holders of US$2,577.4 million for 2024, compared to a profit of US$1,367.9 million in 2023. Earnings...

Baltic index at 17-week high on higher rates for all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a 17-week peak on Thursday as...

Attica Group: Turnover up 27%

Attica Group announced a significant increase in its turnover, while for the first time the operations of the absorbed ANEK are integrated in the...

Greek shipowners “build” 602 ships in Asian shipyards

The number of commercial ocean-going ships under construction by Greek interests currently stands at 602. Greek shipowners continue their investment “rally”, building modern, quality ships...

Navigator Holdings sees profit rise in Q4

Navigator Gas announced preliminary Fourth Quarter and Financial Year 2024 Results. Fourth Quarter Financial Highlights On March 12, 2025, the Board of Navigator Holdings Ltd. declared...

ZIM posts “outstanding performance” in 2024

ZIM Integrated Shipping Services, a global container liner shipping company, announced its consolidated results for the three and twelve months ended December 31, 2024. Fourth...

Höegh Autoliners ASA – Exercise of option to purchase Höegh Copenhagen

Höegh Autoliners ASA has declared an option to purchase the leased vessel Höegh Copenhagen (IMO 9420057) for a purchase price of USD 36.5 million...

Iron ore spooked by resumed talks of China’s steel output cut

Iron ore futures surrendered early gains to trade lower on Wednesday, as sentiment was spooked by resumed market talks of China’s plan of trimming...

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Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...