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In Depth

Hamburg invests 1.1 billion in port infrastructure expansion

The Elbe approach to the Waltershofer Hafen is to be enhanced and additional terminal...

TPAO buys two drillship from Norway

Turkey’s state oil company TPAO has purchased two more drilling ships fom Noraway’s Eldorado...

Al Seer Marine secures AED 760 million finance

The Abu Dhabi-based Al Seer Marine, the ADX-listed subsidiary of IHC, has secured AED...

Panama Canal reports strong economic health and a vibrant future during its Q3 market...

The Panama Canal Authority (ACP) provided the third quarterly market update, by highlighting key...

Ørsted secures project financing for Greater Changhua 2

Ørsted has reached financial close on a project finance package with 25 banks and...

Toro to sell LPG Carrier Dream Syrax to Robin Energy Subsidiary for $18 mln

Toro, a global provider of energy transportation services, has entered into an agreement to...
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Al Seer Marine secures AED 760 million finance

The Abu Dhabi-based Al Seer Marine, the ADX-listed subsidiary of IHC, has secured AED 760 million ($207m) financing facility from the Abu Dhabi Commercial...

Panama Canal reports strong economic health and a vibrant future during its Q3 market call

The Panama Canal Authority (ACP) provided the third quarterly market update, by highlighting key achievements and forward-looking strategies in a call hosted by Managing...

Ørsted secures project financing for Greater Changhua 2

Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise approximately TWD 90...

Gunvor secures US $1.335 billion sustainability-linked syndicated RCF with oversubscription

Gunvor Singapore, a wholly-owned subsidiary of Gunvor Group, has closed a US$1.285 billion sustainability-linked, syndicated revolving credit facility on 13 June 2025. The Facility, which...

P&O Maritime Logistics to acquire controlling stake in NovaAlgoma Cement Carriers

P&O Maritime Logistics, a wholly owned subsidiary of DP World, has entered into a definitive agreement to acquire a controlling stake in NovaAlgoma Cement...

Baltic Dry Bulk Index gains on higher rates across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on...

“In recent days, two ships have now been attacked in the Red Sea. One...

Greek tanker fleet steps up ship inspections near Russian ports after mysterious blasts

Greek shipping companies calling at Russian ports are boosting their vessels’ defences after a...

Trafigura announces strategic alliance with maritime technology provider ZeroNorth

Trafigura Group, a market leader in the global commodities industry, has announced a strategic...

Baltic index slips on lower capesize vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Hamburg invests 1.1 billion in port infrastructure expansion

The Elbe approach to the Waltershofer Hafen is to be enhanced and additional terminal yards are created. Navigation towards the Container Terminals Buchardkai (CTB)...

Israel attacks three Yemeni ports and power plant

Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking the first Israeli...

Oregon Legislature approves $100 million in bonding support for Pacific Coast Intermodal Port Project

The Oregon Legislature has approved a landmark $100 million investment in the Pacific Coast Intermodal Port (PCIP), a transformative public-private project that will create...

Maersk resumes Haifa port calls

Shipping company Maersk said on Friday it had decided to resume vessel calls at Israel’s Haifa port. “With the prospect of current cease-fire agreement bringing...

Mawani signs privatization contracts for multipurpose cargo terminals at Eight Saudi Ports with over SAR 2.2 billion in private sector investments

Under the patronage of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistic Services and Chairman of the Saudi Ports Authority (Mawani),...