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MISC Group Returns to Profits

MISC is pleased to announce its financial results for the third quarter ended 30 September 2021. Financial Highlights: • Group revenue and operating profit for the...

Grindrod Reports Third Quarter Profit of $49 Million

Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services predominantly in the drybulk sector, announced its unaudited earnings results for the three...

Seadrill appoints new board of directors

Seadrill announces that a new, independent, seven-member Board of Directors will assume leadership of the new parent company of the Seadrill group upon emergence...

SCF grows its fixed income industrial business further

PAO Sovcomflot (SCF Group, the Company; MOEX: FLOT), a global leader in marine energy transportation services, releases its Condensed Consolidated Interim Financial Statements for...

White House lauds easing of supply chain clogs, cites shipping competition concerns

The White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was...

ZIM posts record quarterly results

ZIM, a global container liner shipping company, announced its consolidated results for the three and nine months ended September 30, 2021. Third Quarter 2021 Highlights •...

Baltic index extends losses as vessel rates drag

The Baltic Exchange’s dry bulk sea freight index fell for a fifth straight session on Wednesday to its lowest in more than five months,...

Costamare acquires more bulkers

Costamare announced the purchase of another two vessels, according to Xclusiv Shipbrokers Inc. Specifically, Costamare has acquired the 64K-dwt ultramax “Soho Merchant”, built in 2015...

Container Shipping Rates May Take Two Years to Fall to Normal

Ocean freight rates, which have pummeled retailers and manufacturers throughout 2021, may take more than two years to return to normal levels if past...

Baltic index slides to 5-month low as capesize, panamax rates retreat

The Baltic Exchange’s dry bulk sea freight index on Tuesday declined to its lowest since early June, weighed down by a drop in demand...

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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...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

Celestyal announces 2028 summer Mediterranean programme

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September...

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia, the world's biggest crude exporter, said on Wednesday that an Iranian attack...

Celestyal launches ‘Uncrowded, Unforgettable, Authentically Med’ winter campaign with fares from €469pp

Celestyal has launched a new winter campaign, ‘Uncrowded, Unforgettable, Authentically Med’ - live from...

Celestyal unveils new winter sailings onboard Celestyal Journey

Celestyal has unveiled seven new winter 2027/28 sailing options onboard the 1,260-guest Celestyal Journey,...

Two tankers carrying Saudi oil attacked in Strait of Hormuz

Two supertankers carrying Saudi ​oil were struck by unknown projectiles within minutes of each...

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...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...