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Wuhu Shipyard partners with Chinese leasing firms

Wuhu Shipyard announced an agreement with two local financial leasing companies to collaborate on new projects with a potential value exceeding RMB30bn ($4.1bn). The...

Hapag-Lloyd fleet reaches record 300 ships

Hapag-Lloyd has reached 300 owned and chartered vessels for the first time ever, after taking two container ship newbuilds on charter from Reederei Nord. The...

Cyprus to launch tenders for next destination of “Prometheus” FSRU

The Natural Gas Infrastructure Company is preparing bids for the next destination of the floating storage and regasification unit (FSRU) “Prometheus”, Energy Minister George...

Iron ore near two-week high on strong China data, U.S. tariff worries cap gains

Iron ore futures extended gains on Wednesday, aided by China’s better-than-expected credit data but the rise was capped by fears of escalating trade tensions...

Baltic index extends decline on lower rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower for a second consecutive session...

DHT Holdings announces business update

DHT Holdings provides the following business update: “For the fourth quarter of 2024, the Company estimates time charter equivalent earnings for its fleet at $38,800...

NYK establishes Ship-Management Company for Offshore Wind Power Projects in Akita Prefecture

In December 2024, NYK jointly established Japan Offshore Support together with Akita Eisen KK. to provide ship maintenance and management services for offshore wind...

Diana Shipping announces direct continuation of time charter contract for m/v Semirio with Solebay and for m/v DSI Aquila with Western Bulk

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

PPA S.A: MSC Cruise sailings started at the Port of Piraeus, a leading homeport cruise port in the Mediterranean

The Management of PPA S.A. welcomed the MSC Sinfonia to the port of Piraeus for 2025, hosting a special event where PPA’s DCEO, Cpt....

Greek coastal shipping has spent over 1 billion on fleet upgrade

The competitiveness and green transition of coastal shipping dominated the first section of the Greek Shipowners Association for Passenger Ships conference “Modern Coastal Shipping,...

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C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...