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MOL Switch to invest in Heirloom, a U.S. DAC Technology Developer

TOKYO-Mitsui O.S.K. Lines announced that its wholly owned subsidiary MOL Switch LLC, which aims to invest in decarbonization technologies, became the first Japanese company...

Global trade is set to reach a record $33 trillion this year

Global trade is set to reach a record $33 trillion in 2024, according to the latest Global Trade Update by UN Trade and Development...

Diana Shipping announces time charter contract for m/v Maia with Paralos Shipping

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,...

Iron ore slides as investors fret China stimulus will disappoint again

Iron ore futures prices slid on Thursday as investor sentiment dampened after statemedia in top consumer China emphasized qualitative improvements ahead of a long-anticipated...

Baltic index extends losses on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates...

KNOT Offshore announces Q3 Interim Results

For the three months ended September 30, 2024, KNOT Offshore Partners LP: Generated total revenues of $76.3 million, operating income of $17.2 million and net...

Global Ship Lease to acquire four high-reefer ECO Containerships

  Global Ship Lease, an owner of containerships, announced that it has contracted to purchase four high-reefer ECO-9,115 TEU containerships with an average age...

Shell and Equinor to create the UK’s largest independent oil and gas company

Equinor UK Ltd, a subsidiary of Equinor ASA and Shell UK Limited, a subsidiary of Shell plc are to combine their UK offshore oil...

Celestyal’s inaugural Arabian Gulf season launches in Qatar

Celestyal has confirmed its flagship, Celestyal Journey, has arrived in Doha, Qatar, to start the line’s maiden Arabian Gulf season. The season begins with...

Intermodal Weekly Market Report [W48]

Following the recent reactivation of Jiangsu Rongsheng Heavy Industries to fulfil a substantial order from MSC for eight 12,000 TEU container vessels, it is...

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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...