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ZIM reports financial results for the third quarter of 2025

ZIM Integrated Shipping Services announced its consolidated results for the three and nine months ended September 30, 2025. Third Quarter 2025 Highlights Net income for the...

Baltic index rises to near two-year high on higher rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to its highest level in nearly...

A new port at the Elefsis Shipyards: US Gateway to Europe for trade, energy, defense

The ONEX Shipyards in Elefsis will be used by the US to open their own commercial and energy corridor to Central and Eastern Europe,...

China buying sanctioned Russian LNG at deep discounts

Russian liquefied natural gas producer Novatek has slashed the prices of its cargoes by 30% to 40% since August to entice Chinese buyers to...

APM Terminals to invest $550 mln in Peru’s Callao port

Dutch port operator APM Terminals will invest $550 million to expand Peru's Callao port starting in January, chief commercial officer for the company's Peru...

Solid October volume at port of Los Angeles puts 10 million container unit-mark within reach for 2025

The Port of Los Angeles processed 848,431 Twenty-Foot Equivalent Units (TEUs) in October, a solid performance given all the trade volatility this year. After...

Hoyer and VMS Group create a global one-stop partner for power and motion solutions

Hoyer, a global supplier of electric motors and automation solutions, and VMS Group, a leading marine service provider, announced the creation of Hoyer VMS...

Odfjell Drilling extension of Deepsea Nordkapp

Odfjell Drilling Ltd. announced that it has received signed confirmation from Aker BP ASA (“Aker BP”) that it will extend the firm contract period...

Samsung Heavy wins seven container ship order worth 1.9 trillion won

Samsung Heavy Industries said on the 20th that it won an order for seven container carriers from a shipowner in Asia for 1.922 trillion...

The Greek maritime industry at the forefront of EUROPORT 2025

Enterprise Greece once again supported the Greek participation in EUROPORT 2025, the International Exhibition for the complex shipbuilding industry and innovative technology, which took...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Iran seizes two ships in Hormuz αfter Trump halts attacks indefinitely

Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip...

Military planners to discuss Hormuz reopening in London

Military planners from more than 30 countries will hold two-day talks in London from...

Wärtsilä launches next-generation simulation platform to support future-ready maritime training

Technology group Wärtsilä announces the launch of NTPRO 7, a next‑generation bridge and ship‑handling...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...