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Capital Group linked to supertanker order

According to broker reports, Capital Group is thought to have ordered a 306,000 dwt VLCC newbuilding at Hengli Heavy Industries. The vessel is estimated to...

Shipping braces for carbon tax that fueled us tariffs threat

The world’s shipping regulator is on the verge of green-lighting a global charge on the industry’s emissions, something that has prompted the Trump administration...

DOF Group ASA – Two long-term contracts in Brazil

DOF Group ASA announced two new long-term contracts in Brazil. Following the same competitive tender process that resulted in the contract awards of Skandi Achiever,...

Grieg Green to close activities amid market shifts

The Grieg Green issued an announcement informing that after an extended period of challenging market conditions the company has decided to close recycling and...

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...

China takes steps against US-linked units of S.Korea shipbuilder Hanwha

China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean (042660.KS), opens new tab amid trade tension between the...

Intermodal Weekly Market Report [W41]

 The latest escalation in U.S.-China trade tensions marks a setback ronment. After a relatively calm summer, Beijing’s announcement of retaliatory port fees on U.S.-linked...

Iron ore slides on profit-taking as focus shifts to rising supply, weak steel

Iron ore futures retreated on Tuesday as investors booked profits after focus shifted back to expectations of growing ore supply in the rest of...

Baltic freight index falls after capesize vessel rates slump

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, declined on Tuesday, weighed down by a...

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Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has...

Dorian LPG declares irregular cash dividend of $1.25 per share

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared...

Capital Clean Energy Carriers announces third quarter 2026 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, 2026. Key Highlights Took...

COSCO profit jumps most in two years as turmoil supports rates

Cosco Shipping Holdings Co. earnings jumped the most in two years as persistent geopolitical disruptions rerouted trade routes, tying up more of its vessels...

NORDEN reports strong Q3 results and raises full-year guidance

NORDEN delivered a net profit of USD 54 million (DKK ~350 million) in the third quarter of 2026, supported by strong markets and solid...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

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%...