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Reach Subsea secures up to EUR 14.3 million from the EU Innovation Fund

Reach Subsea has been granted funding of up to EUR 14.3 million from the EU Innovation Fund under the Net Zero Technologies initiative. "This is...

Iron ore retreats as mounting concerns on weakening steel demand weigh

Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel...

Baltic index falls as rates decline across all vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday pressured by losses across...

Capital Offshore invests in Blystad PSV

Capital Offshore has reportedly acquired 4,200 dwt platform supply vessel (PSV) Songa Discoverer (blt 2021) from Songa Offshore of the Blystad Group for an...

Maersk raises profit outlook on strong market

Danish shipping group A.P. Moller-Maersk opens new tab said on Monday it had raised its full-year forecasts on the back of strong third quarter...

PSA unboXed collaborates with Amperesand

PSA unboXed, the external innovation and corporate venture capital arm of PSA International (PSA), and Amperesand, a grid infrastructure solutions provider, announced a collaborative...

Iron ore gains on firm near-term demand, more China rate cuts

Iron ore futures rose on Monday as near-term demand remained firm and the latest rate cut in top consumer China lifted sentiment, but gains...

Baltic index slips on weaker rates across bigger vessels

The Baltic Exchange’s main sea freight index dipped on Monday to its lowest level in over eight months, dragged down by less demand across...

ORIX conducts a feasibility study of energy-saving ship operations utilizing wind power

ORIX Corporation and Sumitomo Heavy Industries Marine&Engineering announced that the two companies have begun a feasibility study of utilizing wind power for energy-saving operations...

Nakilat reports QAR 1.28bln net profit for the third quarter of 2024, an increase of 7.2%

Qatar Gas Transport Company Q.P.S.C., a global leader in the shipping and maritime sector, announces its financial results for the third quarter of 2024...

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Okeanis Eco Tankers Posts Unaudited Financial Statements for 2Q2026 and 1H2026

Okeanis Eco Tankers reported its unaudited condensed financial results for the second quarter and six-month period of 2026. Financial performance of the Second Quarter Ended...

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...

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...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

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...