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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 Monday pressured by losses across...

ABS approves ammonia fuel retrofit solution from Nikkiso

An ammonia fuel supply system that can be retrofitted to existing vessels or installed on new builds has earned approval in principle (AIP) from...

ABS and Hanwha Offshore sign multi-year agreement

ABS and Hanwha Ocean agreed to explore cutting-edge technology projects together with the signing of an Offshore Technology Collaboration Agreement at Gastech 2024. The agreement...

HD Korea Shipbuilding wins US$511.3 million order for 4 container ships

HD Korea Shipbuilding & Offshore Engineering Co., a major South Korean shipyard, said it has secured a 674.6 billion-won (US$511.3 million) order to build...

Macquarie to purchase the ownership of ZITON

Macquarie Asset Management has entered into an agreement to purchase 100% ownership of ZITON. Macquarie is the world’s largest investor in infrastructure like EV charging...

CNC launches first 100% foreign-owned domestic shipping service in the Philippines

CNC, the Intra-Asia short sea specialist of the CMA CGM Group, announced the launch of a new legal entity (named “CMA CGM Philippines Shipping”)...

Petrofac announces in-principle agreement on financial restructure

Petrofac announced that it has reached in-principle agreement with certain of its key stakeholders on the framework for a comprehensive financial restructure to...

US drillers cut oil and gas rigs for second week in a row, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services...

US East Coast port strike set to start Tuesday, says union

A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said...

Scorpio Tankers announces purchase of call options by Robert Bugbee

Scorpio Tankers announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 234,300 common shares (or 2,343...

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TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Greek ferry sector ‘battered’ by soaring fuel costs

The Greek ferry sector is being squeezed by soaring fuel costs, with the price...

Strait of Hormuz ship crossings remain in single digits, data shows

Vessel transits through the Strait of Hormuz ​remained in the single digits at four...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...