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HMM, Hanwha, KR to develop ammonia GT system for container ships

Four Hanwha Group affiliates, including Hanwha Power System, Hanwha Ocean, Hanwha Aerospace, and Hanwha System, HMM and Korea Shipment Company (KR), will develop a...

Samudera expands footprint into Japan with new subsidiary

Samudera Shipping Line is expanding its footprint into Japan, via the incorporation of Samudera Japan K.K. on 14 October 2025, a wholly-owned subsidiary capitalized...

Βack-to-back shore power connections in Valletta, Malta, mark important milestone for MSC group’s cruise division

MSC Group’s Cruise Division has reached another major milestone in its decarbonization journey, as two of its vessels – MSC World Europa and EXPLORA...

KKR launches Galaxy Container Solutions, a Global Container Leasing and Financing Platform

KKR, a leading global investment firm, announced the launch of Galaxy Container Solutions, a global marine container leasing and financing platform, in partnership with...

Global Ship lease issues statement regarding China-Specific port fees and US ownership

Global Ship Lease, Inc., a containership owner and lessor, issued the following statement in response to the Implementation Measures on the Special Port Charges...

India’s Cochin Shipyard secures mega order from CMA CGM for first boxships

India’s efforts to break into the leadership in global shipbuilding are taking a large step forward with Cochin Shipyard securing its first-ever international order...

China opens first container ship route to Europe via Arctic

China has opened the first container ship route connecting Europe through the Arctic sea passage. State-run media reported that the vessel left the eastern Chinese...

Maersk shares hit three-month low on prospect of Gaza deal reopening Red Sea route

Maersk shares fell on Thursday on expectations a Gaza ceasefire deal could eventually restore container shipping routes through the Red Sea and Suez Canal,...

ICTSI agrees 25-year extension for Subic Bay Container Terminals

Subic Bay International Terminals Corp. (SBICT) and ICTSI Subic Inc. (ISI), both subsidiaries of International Container Terminal Services, Inc. (ICTSI), have secured a 25-year...

Danaos Corporation announces senior notes offering

Danaos Corporation announced that it plans to commence an offering of up to $500 million of Senior Notes due 2032, subject to market conditions...

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Höegh Autoliners Posts “Solid” Result in Q3

Höegh Autoliners continued to report solid financial performance in the third quarter of 2025. The gross revenue was USD 370 million/NOK 3,941 million, operating...

Piraeus Port sees revenue increase in 1H2025

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2025 and an Increase to Its Quarterly Dividend

Scorpio Tankers Inc. reported its results for the three months ended September 30, 2025. The Company also announced that its board of directors (the...

Capital Clean Energy Carriers Announces Q3 Financial Results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the third quarter ended September 30, 2025. Key Quarterly...

NORDEN announces preliminary financial results and raises full-year guidance

On the back of better-than-expected operational performance and rising markets, NORDEN upgrades the 2025 full-year guidance and now expects a net profit in the...

Baltic Index Extends Gains On Rising Capesize Prices

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Baltic Index rises on stronger capesize vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

CLIA showcases the benefits of sustainable cruise tourism in Greece by highlighting environmental progress...

· CLIA launches exhibition on sustainable cruise tourism in partnership with the Eugenides Foundation ·...

Chinese Ship sinks off Guangzhou waters with two crew missing

A Chinese-flagged ship has sunk in waters off Guangzhou after colliding with a Singapore-registered...

EemsEnergyTerminal partners with EXMAR for terminal extension

EXMAR announced that it has entered into a strategic partnership with EemsEnergyTerminal, a subsidiary...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....

Piraeus Port sees revenue increase in 1H2025

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Major new $131 million expansion announced for Port of Mobile container terminal

Port officials have announced plans for yet another expansion to Mobile’s container terminal, capitalizing on a recently completed project to widen and deepen the...

Panama Canal begins industry engagement for the development of port terminals

The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both...