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French destroyer rescues 29 mariners from oil tanker stricken in Red Sea attacks by Yemen rebels

A French destroyer rescued 29 mariners from an oil tanker that came under repeated attack in the Red Sea by Yemen’s Houthi rebels, officials...

Scholz Vows to Keep Meyer Werft Shipyard Afloat

The German government is working on a deal to secure the future of Meyer Werft, a 229-year-old shipyard and one of the world’s largest...

Iron ore extends gains on fresh Chinese property support

Iron ore futures extended gains on Thursday, underpinned by fresh support to top consumer China’s property sector, along with rising margins among steelmakers. The most-traded...

Dry freight container production surpasses earlier all time high

Drewry expects 2024 to be the second highest year on record for dry freight container manufacturing, driven by the all-time high quarterly production in...

Baltic index hits near four-week high as capesize rates jump

The Baltic Exchange’s dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, rose to its highest in close...

Celestyal offers free cruises to Olympic medallists

Celestyal – which has headquarters in Greece, the birthplace of the Olympic Games – has launched the special offer to celebrate Team Greece’s success...

Odfjell continues strong performance in Q2

Odfjell significantly improved both its operating result and bottom line in the second quarter of 2024. Highlights – 2Q24: Odfjell´s strong performance on safety continues with...

MOL and Vale Retrofit Capesize Bulk Carrier with Rotor Sails

Mitsui O.S.K. Lines, Ltd. (MOL) and Vale International SA announced that a 200,000-ton class bulk carrier, currently employed under a mid–term contract for transportation...

Awilco LNG reports strong quarterly & half year profit

The Awilco LNG Group (Awilco LNG ASA together with its subsidiaries) reported unaudited results for the three months ended June 30, 2024. HIGHLIGHTS •Awilco LNG achieved...

Höegh LNG earnings down in Q2

Höegh LNG reported its interim financial results for the quarter and first half ended 30 June 2024. The group reported an EBITDA of USD...

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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...