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Intermodal Weekly Market Report [W26]

After setting an all-time high for coal imports in 2024, China ap-pears to be entering a new phase of recalibration. Preliminary data for 2025...

Iron ore slides on weak Chinese demand

Iron ore futures declined on Tuesday, as disappointing factory data and persistent property sector woes in top consumer China dampened sentiment. Warnings of lower prices...

Baltic Index hits near one-month low as capesize demand slips

The Baltic Exchange’s main sea freight index fell for a fifth-straight session on Tuesday, to hit a near one-month low, as demand for capesize...

Celestyal announces successful refinancing as it accelerates growth strategy

Celestyal has announced the successful completion of a major refinancing initiative, replacing its original vessel acquisition funding with a more efficient financing model. This milestone...

Carnival Corporation & pic announces the launch of new senior unsecured notes offering

Carnival Corporation & plc announced that Carnival plc commenced a private offering of new senior unsecured notes in an aggregate principal amount of €1.0...

World Shipping Council releases container Lost at Sea Report – 2025 update

The World Shipping Council has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024. While...

ClassNK issues world’s first AiP for LCO2/methanol carrier developed by Mitsubishi Shipbuilding & MOL

ClassNK has issued an approval in principle (AiP) for a LCO2/Methanol Carrier jointly developed by Mitsubishi Shipbuilding and Mitsui O.S.K.The certification confirms the feasibility...

LS Marine Solution teams with Turkey on mega HVDC cable ship

Leading South Korean submarine cable manufacturer LS Marine Solution announced Monday that it has signed a construction agreement with Turkey’s Tersan Shipyard to build...

Shelf Drilling announces five-year contract extension for High Island V

Shelf Drilling announced that it has secured a five-year extension for the High Island V jack-up rig. The extension is in direct continuation of...

Amon Maritime secures funding to build large ammonia-fuelled bulkers

Amon Maritime has secured NOK 253 million ($25.1 million) in funding from Norwegian state agency Enova to support the construction of two ammonia-powered bulk...

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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...