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IINO orders Japan’s first dual-fuel methanol VLCC

IINO Kaiun Kaisha decided to build Japan's first large methanol dual-fuel crude oil tanker at Nihon Shipyard, based on the design concept formulated by...

Torvald Klaveness sells Klaveness Ship Management AS to OSM Thome  

Torvald Klaveness has announced the sale of 100% of Klaveness Ship Management AS’ shares to OSM Thome, a global leader in ship management. Subsidiaries of...

Navios Partners takes delivery of latest boxship

Navios Maritime Partners has taken delivery of the newly built containership Zim Seagull. The 5,300 TEU boxship is the latest in a series of...

US official hails Panama decree to strip sanctioned ships of registration

A former United States official has praised a new executive decree from Panama that is set to strip maritime vessels of their domestic licences...

V.Ships: Dimitris Patrikios to lead Greek office

Dimitris Patrikios has been appointed managing director of V. Group’s Greece and Med Cluster, succeeding Costas Kontes. Patrikios joined V.Ships as an adviser last year,...

Seatrium secures S$100 million in repairs and upgrades projects

Seatrium Limited announced that it has secured multiple contracts for repairs and upgrades, with a total value of S$100 million from various long-standing partners...

Intermodal Weekly Market Report [W42]

In 2024 so far, Europe’s CPP imports are robust, with diesel/gasoil con-tinuing to account for the majority of total volumes.

Reach Subsea secures up to EUR 14.3 million from the EU Innovation Fund

Reach Subsea has been granted funding of up to EUR 14.3 million from the EU Innovation Fund under the Net Zero Technologies initiative. "This is...

Iron ore retreats as mounting concerns on weakening steel demand weigh

Prices of iron ore futures fell on Tuesday, weighed down by concerns that demand for the key steelmaking raw material will slide, with steel...

Baltic index falls as rates decline across all vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Tuesday pressured by losses across...

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Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

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...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

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...

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...