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Baltic sea freight index slips as capesize rates lose steam

The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Thursday, as a decline in capesize...

Piraeus Bank co-finances Union Maritime’s first wind-assisted LR2

Piraeus, a Greek bank, is financing Union Maritime’s first LR2 tanker to harness wind energy. Union Maritime recently took delivery of “Brands Hatch“, the...

PPA S.A.: Welcoming ceremony of ‘Yuan Hai Kou’

The Piraeus Port Authority organized a welcoming ceremony for the inaugural voyage of the Yuan Hai Kou, one of the largest and most technologically advanced...

SLB OneSubsea secures EPC contract for northern lights CO2 transport and storage project expansion

SLB announced the award of an engineering, procurement and construction contract by Equinor to its OneSubsea™ joint venture for a CO2 subsea injection system...

HD Hyundai joins forces with U.S. shipbuilder for vessel construction

HD Hyundai announced the launch of a strategic shipbuilding collaboration in the United States centered on Tampa Ship, a major U.S. shipyard operating within...

Towngas signs green methanol MOUs with parties including TLB to support Hong Kong’s development as green maritime fuel centre

The Hong Kong and China Gas Company Limited participated in the Mainland Hong Kong Green Energy Matchmaking Event at the Central Government Offices, organised...

Golar LNG Limited announces proposed offering of $500 million of convertible senior notes due 2030

Golar LNG Limited announced that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of Convertible Senior Notes...

Iron ore extends declines on rising supply, demand slowdown

Iron ore futures prices fell for a second straight session on Wednesday, weighed down by rising shipments from Australia and Brazil and a seasonal...

Baltic Dry Bulk Index Slips As Capesize Rates Weaken

The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities fell on Wednesday, weighed by a decline in...

LNG freight rates hit 8-mth top on tight tanker availability, Mideast conflict

Shipping costs for liquefied natural gas cargoes have rallied to their highest in about eight months with vessel availability tightened by a shift in...

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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...