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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 bulk commodities, rose on Thursday, due to higher rates across...

Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea

“In recent days, two ships have now been attacked in the Red Sea. One has sunk and the other has suffered extensive damage. These...

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 series of mysterious blasts in recent months have damaged tankers...

Trafigura announces strategic alliance with maritime technology provider ZeroNorth

Trafigura Group, a market leader in the global commodities industry, has announced a strategic alliance with maritime technology company ZeroNorth. Trafigura is set to roll...

Baltic index slips on lower capesize vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped on Wednesday, pressured by lower rates for...

IMO targets seafarer fatigue, work and rest hours, and harassment at sea

The International Maritime Organization (IMO) is taking action to ensure that ships worldwide are safely managed and operated, with a renewed focus on seafarer...

Latest Red Sea attack on Greek ship kills four crew, wounds two

Α drone and speedboat attack off Yemen killed four seafarers on a Liberian-flagged, Greek-operated bulk carrier, an official with knowledge of the matter said...

Korean Government requests U.S. to exempt car carrier ships from entry fee

The Korean government has officially requested the United States to exempt car carrier ships from the newly announced entry fee, which the U.S. plans...

Baltic dry index falls to one-month low as capesize rates weaken

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a one-month low on Tuesday,...

Two crew wounded, two missing in attack on ship off Yemen; Houthis claim assault on Greek bulk carrier

Two crew members of a Greek-managed vessel were wounded and two were missing in a drone attack off Yemen on Monday, hours after Iran-aligned...

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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),...