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NYK and Oono Development sign MoU to commercialize ship recycling business

Nippon Yusen Kabushiki Kaisha and Oono Development have agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures...

Iron ore climbs on China stimulus hopes, softer stockpiles

Prices of iron ore futures gained ground on Thursday, as prospects of fresh Chinese monetary stimulus and lower inventories overshadowed concerns of the top...

Baltic index rises as rates climb across vessel segments

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as rates across vessel...

IUMI looks to the future of marine insurance at its 150th anniversary conference in Berlin

As part of IUMI’s (International Union of Marine Insurance) 150th anniversary celebrations in Berlin (Germany) this week’s annual three-day conference included a workshop that majored...

Saipem awarded a new offshore contract in Saudi Arabia worth approximately 2 billion USD

Saipem has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field...

CLIA: Statement regarding specific tourism management measures in Greece

The Cruise Lines International Association (CLIA) made a statement regarding specific tourism management measures in Greece. “We appreciate the Government’s desire to ensure a balanced...

d’Amico announces the conclusion of a new 2-year time charter contract

d’Amico International Shipping, an international marine transportation company operating in the product tanker market, announces that its operating subsidiary, d’Amico Tankers D.A.C., signed a...

Venture Global partners with GASTRADE for long-term LNG supply to Europe

Venture Global has announced an expansion into the European market with a long-term agreement with GASTRADE to supply LNG to central and eastern Europe...

Heraklion to host 8th Posidonia Sea Tourism Forum in May 2025, marking a first for Greece’s largest island

Leading cruise industry event to address over-tourism and explore new mediterranean destinations, with global industry leaders set to convene in Crete. The city of Heraklion...

Celestyal unveils new ‘Iconic Arabia’ shore excursion programme

Celestyal has released details of the shore excursion programme for its new-for-2025 ‘Iconic Arabia’ itineraries. Following the recent announcement that both ships will operate...

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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...