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Baltic index falls for third day on weaker rates for all vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, declined for a third straight session on...

Celestyal announces specialist coffee bar expansion

To mark international coffee day (October 1), Celestyal has announced the expansion of its specialist onboard coffee bar ‘Café Nation’. The venue, currently available on...

New CEO for Wilhelmsen Ship Management

Wilhelmsen Ship Management announced the retirement of Carl Schou after 19 years of service, including 16 years as CEO. Under his leadership, the company...

Marubeni and Solvang start joint operation of ammonia carrier

Marubeni has entered into a partnership agreement with Solvang ASA (hereinafter, “Solvang”), a Norwegian shipping company, and commenced joint operation of an ammonia carrier...

ARC adds M/V ARC Endeavor to U.S.-flag fleet

American Roll-On Roll-Off Carrier Group (ARC) announced the addition of M/V ARC Endeavor to its U.S.-flag fleet. M/V ARC Endeavor was reflagged to American...

Provaris and Yinson join forces to innovate on CO₂ storage and marine transport solutions

Provaris Energy and Yinson Production Offshore announced a binding Joint Development Agreement for the development of storage tank solutions for the bulk storage and marine transportation of...

Wärtsilä’s strong relationship with Jiangnan Shipyard enhanced with system orders for five new VLECs

Technology group Wärtsilä will supply the Cargo Handling and Fuel Gas Supply systems for five new Very Large Ethane Carrier (VLEC) vessels. The order...

Intermodal Weekly Market Report [W39]

Last week, the PBC introduced a significant set of economic measures, marking the first time a combination of rate cuts, reductions in the reserve...

Baltic index extends losses on lower rates across vessels

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

Trafigura secures USD3.2 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities...

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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...