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Baltic Index hits two-week low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, marked its lowest level in two weeks...

MPCC: Continues fleet optimization and updates guidance for FY 2025

MPCC announced further strategic measures to optimize the portfolio and enhancing its fleet composition. With reference to the investor presentation issued on 14 March...

NORDEN adds two newbuilding Capesize leases with purchase options

NORDEN announced the addition of two Capesize newbuilding leases with purchase options, reinforcing our commitment to building a highly efficient and modern Capesize fleet....

AD Ports Group and Columbia Group form ship management joint venture

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, and Columbia Group, a leading global integrated maritime, logistics, leisure and energy...

Diana Shipping announces time charter contract for m/v Leto with Cargill

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned...

Jesper Kristensen takes the helm as group CEO of Synergy Marine

Synergy Marine Group announced the appointment of Mr. Jesper Kristensen as its new Group CEO, effective March 24, 2025. With a dynamic vision to...

Toro announces record date for the proposed spin-off of its Handysize tanker business

Toro an international energy transportation services company, announced that, in relation to the previously announced spin-off of its wholly owned subsidiary, Robin Energy, the...

Performance Shipping announces sale of 2011-Built Aframax Vessel M/T P. Yanbu for US$39 Million

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has signed a...

Seanergy announces sale and leaseback deals

Seanergy Maritime has entered into sale and leaseback agreements with China Huarong Shipping Financial Leasing. Specifically, the company’s annual report reads: On March 20, 2025, the...

Iron ore jumps as strong China demand outweighs output cut concerns

Iron ore futures strengthened on Monday as brighter demand for the key steelmaking ingredient in top consumer China outweighed worries of steel production cuts. The...

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Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

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...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

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...