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Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

MOL charters two more VLEC newbuilds to SCG

Mitsui O.S.K. Lines announced that on March 17, its group Company MOL Energia Pte. Ltd., signed long-term charter contracts with SCG Chemicals , a...

Stena Line and Norsepower team-up on future-proof methanol hybrid RoRo equipped with Norsepower Rotor Sails™

Stena Line and Norsepower have signed an agreement for the delivery of two Norsepower Rotor Sails™ on an all-new methanol hybrid newbuild RoRo vessel...

Crowley and Naturgy deploy first U.S. LNG Carrier, American Energy, to serve Puerto Rico

Crowley has raised the U.S. flag on American Energy, commencing operations of the first domestic liquified natural gas (LNG) carrier to transport U.S.-sourced natural...

TEN confirms “milestone” shuttle tanker deal with Petrobras

TEN announced the construction of nine DP2 Suezmax Shuttle Tankers with 15-year employment contracts for Petrobras Transporte S.A. (“Transpetro”), Brazil’s largest oil and gas...

United Maritime achieves “significant progress” in 2024

United Maritime Corporation, announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The Company also declared a quarterly...

Intermodal Weekly Market Report [W11]

The Red Sea saw a relatively calm period following the ceasefire in Gaza, which seemed to quell hostilities and halt Houthi attacks. However, Israel's...

Iron ore range-bound as China’s property woes counter resilient steel demand

Iron ore futures were range-bound on Tuesday, as investors balanced the ongoing weakness in China’s struggling property market with the sustained demand for the...

Baltic Index down on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, eased on Tuesday for the second straight...

Celestyal marks 10-year anniversary with exclusive two-for-one offer

· Celestyal marked 10-year anniversary on March 13, 2025 · Two-for-one offer available on 88 sailings departing between April 2025 to March 2027 · Additional ‘kids...

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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...