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COSCO Shipping expects to report FY2022 net loss – report

COSCO Shipping International is expecting to report a net loss in the FY2022 ended December with a “significant deterioration” in profit during the year. The...

Cyprus Rallies EU Partners to Get Shipping Sector Support

Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions on Russia, its shipping...

China set for record crude oil imports in 2023 – analysts

China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following...

Sembmarine shareholders green-light merger with Keppel O&M

Shareholders of Sembcorp Marine (Sembmarine) have voted in favor of a merger with Keppel Offshore & Marine (Keppel O&M). Specifically, the $4.5 billion deal obtained...

OOCL Welcomes First of Six 24,000 TEU Megaships

Orient Overseas Container Line Ltd. (OOCL) took delivery of its first 24,188 TEU mega vessel, OOCL Spain, officially named at a ceremony held Thursday...

Port Of Los Angeles Moves 726,014 Container Units To Start 2023

The Port of Los Angeles processed 726,014 Twenty-Foot Equivalent Units (TEUs) in January, a 16% decrease from the previous January’s all-time record. “We expect softer...

Scorpio Tankers Post Net Income of USD 256 Million in Q4

Scorpio Tankers reported its results for the three months and year ended December 31, 2022. The Company also announced that its Board of Directors has...

Golden Ocean: Net Income of $68.2 Million in Q4

Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, announced its unaudited results for the three and twelve...

Baltic index nears three-year low on lower capesize, panamax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a near three-year low on Thursday on...

Atlas Reports Fourth Quarter 2022 Results

Atlas Corp. announced its results for the quarter ended December 31, 2022. Financial Highlights: Fourth quarter 2022 financial performance compared to fourth quarter 2021:Revenue increase of 1.9%...

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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)...