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MSC Group secures 45-year concession for Snake Island Port Terminal with Nigerdock and agrees EPC contract with ITB and DEME for development

MSC Group has signed a 45-year concession agreement with Nigerdock to develop a state-of-the-art container terminal within Snake Island Port (SIP) in Lagos, and...

Iran has laid about a dozen mines in Strait of Hormuz, sources say

Iran has deployed about a dozen mines in ​the Strait of Hormuz, two sources familiar with the matter ‌said, in a move likely to...

Iranian oil flows through Strait of Hormuz even as Gulf neighbors’ exports shut

Iranian crude oil has continued to flow through the Strait of Hormuz ​at a near-normal pace even as Tehran-linked attacks on ships in the...

d’Amico acquires two new vessels for USD45.4 million each

d'Amico International Shipping has announced the purchase of two new Medium Range 2 product tanker vessels. The transaction was carried out by its subsidiary...

Yangzijiang Shipbuilding to buy 10% Poseidon stake for $1.05b in cash

Yangzijiang Shipbuilding (Holdings) Ltd. has signed definitive agreements to acquire a 10% equity interest in Poseidon Corp. for an aggregate consideration of $1.05b (US$825.7m). The...

Navigator Gas announces preliminary fourth quarter 2025 results (Unaudited)

Navigator Gas has released its preliminary financial results for the fourth quarter of 2025. Fourth Quarter Financial Highlights On March 11, 2026, pursuant to the Company's...

Greek-owned tanker crew ‘safe and well’ in the Persian Gulf

All 22 Georgian crew members aboard a Greek-owned tanker with Maltese flag are reported to be in good health after the vessel was struck...

Imperial Petroleum Inc. declares dividend on series a preferred shares

Imperial Petroleum Inc., a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced a dividend of $0.546875 per share on...

International Maritime Union in Greece welcomes new EU Ports Strategy

The International Maritime Union in Greece welcomes the new EU Ports Strategy promoted by the European Commission, which aims to strengthen the competitiveness, safety,...

Strait of Hormuz remains shut to almost all non-Iran-linked ships

The Strait of Hormuz remains effectively closed to almost all but Iran-linked traffic with the conflict in the Middle East now in its second...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...