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Ukraine expects biggest convoy of ships to load since grain export deal

Ukraine expects five ships to arrive at its Chornomorsk Black Sea port on Wednesday for loading with more than 70,000 tonnes of agricultural products,...

Ship Carrying Ukraine’s First Grain Cargo Docks in Syria After Two Weeks at Sea

The first ship to depart Ukraine under a deal to resume grain exports from the country two weeks ago docked in the Syrian port...

Ukraine wants shipping safe passage deal to extend beyond grain

Three grain ships left Ukrainian ports on Friday under a safe passage deal while the first inbound cargo vessel since Russia’s invasion was due...

Three More Grain Ships to Set Sail from Ukraine on Friday

Three ships carrying a total of 58,041 tonnes of corn have been authorized to leave Ukrainian ports on Friday as part of a deal...

Insurers Ready Ukrainian Grain Coverage as First Ship Sails

The London insurance sector is preparing to cover Ukrainian grains and fertilizer shipments through a secure corridor, voyages that may need up to $50...

Ukraine sends out first ship since invasion from Odessa

Ukraine has sent out a ship from the Odessa port Aug. 1 — the first in five months since the Russian invasion Feb. 24...

Seafarer shortage stands in way of Ukraine grain corridor

Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the proposed grains corridor designed...

Crew Shortage Poses Major Challenge to Restoring Ukrainian Grain Exports

Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the proposed grains corridor designed...

Ship insurers seek more assurances on Ukraine grain corridor

Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international...

Greece offers ships to export grain from blocked Ukrainian ports, NATO says

Greece is willing to provide ships to help export grain from Ukraine’s Black Sea ports that have been blocked by Russia, NATO Secretary-General Jens...

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Wartsila: A challenging year with strong annual growth

HIGHLIGHTS FROM OCTOBER–DECEMBER 2022 Order intake decreased by 24% to EUR 1,638 million (2,150)Service order intake increased by 6% to EUR 791 million (747)Net sales...

Hapag-Lloyd achieves extraordinarily strong result in its anniversary year 2022

On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary –...

Bahri sees profits soar in 2022

Saudi Arabia’s Bahri has seen its profits soar by over 400% in 2022 following a boom in tanker rates, boosting the shipping giant’s oil...

Euronav Files Second Arbitration Against Frontline

Euronav NV hereby informs its shareholders that on 28 January 2023 it has filed an application request for arbitration on the merits in relation...

Oaktree looking at block sale of existing shares in Hafnia Limited

OCM Luxembourg Chemical Tankers S.à r.l. which is ultimately controlled by funds managed by Oaktree Capital Management L.P. (the "Seller") has retained Fearnley Securities,...

Baltic index logs worst month in 3 years

The Baltic Exchange’s main sea freight index registered its biggest monthly percentage fall in...

Baltic index snaps 9-day losing streak as panamax, supramax rates rise

The Baltic Exchange’s main sea freight index snapped its nine-session losing streak on Tuesday,...

Cyprus shipping making waves – report

Cyprus shipping, the steady driver of the economy, is sailing for better times, having...

Baltic index hits fresh multi-year lows on capesize dip

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

Baltic index falls for seventh session on lower capesize demand

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

Port of Long Beach Closes 2022 with Second-Busiest Year

The Port of Long Beach marked its second-busiest year on record by moving 9.13 million twenty-foot equivalent units in 2022, allowing for a return...

Hapag-Lloyd AG acquires share in J M Baxi Ports & Logistics Limited

Hapag-Lloyd AG signed a binding agreement today under which it will acquire 35% of J M Baxi Ports & Logistics Limited (JMBPL) from a...

Nigeria opens ‘game changer’ billion-dollar deep seaport

Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country’s ports and help it...

SC Ports handles nearly 3 million TEUs in record 2022

South Carolina Ports had a record 2022 with the most containers ever handled at the Port of Charleston. SC Ports moved nearly 2.8 million TEUs...

January oil loadings from Russia’s Baltic ports set to jump 50% vs Dec

Urals and KEBCO crude oil loadings from Russia’s Baltic ports of Primorsk and Ust-Luga in January are set to rise by 50% from December...