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Times are changing for marine insurance, says IUMI President Frédéric Denèfle

Opening this week’s International Union of Marine Insurance (IUMI) annual conference in Berlin (Germany), President Frédéric Denèfle focused on how change was likely to...

Positive development across all lines of marine insurance business continued in 2023, reports IUMI

The International Union of Marine Insurance (IUMI) presented its analysis of the latest marine insurance market trends at its 150th annual conference in Berlin, Germany. The...

One year of Celestyal Journey

Celestyal Journey has notched up one year with Celestyal, travelling 66,100 nautical miles in its first year, mostly around the Greek Islands and Mediterranean,...

Titanic builder Harland & Wolff to enter administration amid debt woes

RMS Titanic shipbuilder Harland & Wolff announced on Monday that it will enter administration following financial troubles. After an account audit, the iconic Belfast shipbuilder's...

Burning oil tanker is safely towed away from Yemen after rebel attacks

UBAI, United Arab Emirates (AP) — Salvagers successfully towed a Greek-flagged oil tanker ablaze for weeks after attacks by Yemen's Houthi rebels to a...

Trelleborg partners with Arkas Holding for advanced fleet modernization initiative

Trelleborg supplied its TSX5 shaft power meters, to be integrated into the Arkas fleet performance software, allowing real-time performance monitoring and improvements in ship...

NeptuneZero announces strategic cooperation with Synthetica

NeptuneZero, an innovative startup at the forefront of the marine industry, is excited to announce a strategic cooperation with Synthetica, a leader in maritime...

PaxOcean receives order for up to 10 MPSVs

PaxOcean has signed a contract with an undisclosed Greek owner for the construction of up to 10 multipurpose service vessels (MPSV). Pax Ocean said...

Orient Shipping announces bulker addition to fleet

Orient Shipping announced it has taken over mv HB Golden Eagle as part of its fleet, on September 10th, 2024.  A company statement reads: «We...

Baltic index edges up on gains across all vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday, supported by increases across all vessel...

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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...