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MOL takes delivery of eco-friendly multi-purpose vessel

Mitsui O.S.K. Lines has taken delivery of the Prima Verde, a multi-purpose vessel that possesses several eco-friendly technologies.  Delivered on January 30, 2025, the vessel...

China’s iron ore and coal imports ease in January, but prices diverge

China’s imports of iron ore and seaborne coal are on track for a soft start to the year, with January arrivals declining to multi-month...

Baltic index extends fall as rates for capesize, supramax dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses for the thirteenth straight session...

Stena Drilling wins drillship contract in Suriname

Stena Drilling announced the award of a 1- Exploration Well Firm Managed Pressure Drilling contract for the Stena DrillMAX in Suriname with TOTALENERGIES EP SURINAME...

Stolt-Nielsen sees operating profit drop in Q4

Stolt-Nielsen reported unaudited results for the fourth quarter and full year ended November 30, 2024. The Company reported a fourth-quarter net profit of $91.4...

Hapag Lloyd posts stronger fourth-quarter earnings

 Hapag-Lloyd published preliminary business figures for 2024. EBITDA and EBIT slightly higher than in 2023  Transport volume up 5%, to 12.5 million TEU Average freight rate at...

Nordea shows strength & resilience in 2024 financial results

Nordea presented fourth-quarter and full year results 2024. Continued income growth. Total income was up 1%. Net interest income was down 5% following policy rate...

Celestyal extends inaugural Arabian Gulf season

Due to overwhelming demand for its inaugural Arabian Gulf season, Celestyal has announced an additional ‘Desert Days’ sailing. This new voyage – departing from...

d’Amico Tankers Signs Charter Deals for Five Vessels

d’Amico International Shipping has, through its subsidiary d’Amico Tankers D.A.C. (Ireland), signed time charter agreements for five vessels. The new time charter agreements are for...

Celebrity Cruises to launch river cruises in 2027

Celebrity Cruises has announced plans to enter the river cruise market in 2027, launching Celebrity River Cruises with 10 new ships. Bookings will open...

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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)...