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Stena Bulk prepares to reflag first Suezmax under Swedish flag

Leading tanker shipping company Stena Bulk confirmed that it is in the final stage of executing its plan to reflag five of its Suezmax...

Tariff ‘whipsaw effect’ boosts June cargo to new record at port of Los Angeles

The Port of Los Angeles handled 892,340 Twenty-Foot Equivalent Units (TEUs) in June, 8% more than last year. It was the busiest June in...

DP World to develop Syria’s Tartus Port under landmark 30-year deal

DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of...

Seatrium: Expands sustainable finance framework with US$400 million sustainability-linked credit facility from UOB

Seatrium Limited announced that its wholly-owned subsidiary Seatrium Financial Services has successfully secured a US$400 million Sustainability-Linked Revolving Credit Facility with United Overseas Bank...

Genco Shipping & Trading closes new $600 million revolving credit facility, increasing borrowing capacity by 50%

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced it has closed a $600...

Iron ore futures rise on strong China trade data

Iron ore futures edged higher on Monday, buoyed by strong China trade data, although gains were limited by production curbs in major steelmaking regions...

Baltic dry index rises to four-week high on broad-based vessel gains

The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a four-week high on Monday, supported...

US port operators seek to mitigate hefty expected tariffs on China-built port cranes

U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to...

Syria signs $800 million agreement with DP World to bolster ports infrastructure

Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure...

Singapore is world’s top maritime centre for 12th consecutive year

Singapore retained its ranking as the world’s top maritime centre, marking the 12th consecutive year it has led the Xinhua-Baltic International Shipping Centre Development...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...