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Intermodal Weekly Market Report [W38]

India's crude oil import landscape has been undergoing notable shifts, particularly with the recent 18% decline in Russian oil imports during August 2024.

Trafigura appoints Richard Holtum as new CEO

Trafigura Group announced that Richard Holtum will become Chief Executive Officer (CEO) of Trafigura, effective 1 January 2025 and will join the Trafigura Board...

Maersk shares jump as US Port strike looms, boosting rates

AP Moller-Maersk A/S shares jumped as much as 4.9%, extending recent gains on expectations that labor talks with US port workers will fail and...

Iron ore posts steepest daily rise in over 1 year on fresh China stimulus

Prices of iron ore futures surged on Tuesday to log their largest intraday gain in more than a year, as a wave of fresh...

Baltic index hits more than two-month high on stronger vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a more than two-month high on Tuesday...

N-O-S orders of new hybrid E-Class vessels

Northern Offshore Services (N-O-S) announces the order of new E-Class vessels, marking a significant expansion of the fleet. The order continues the successful new-build...

Euroseas announces a 3-year charter contract for m/v Synergy Busan

Euroseas an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced a time charter contract for its...

CMA CGM to acquire a c.48% stake in Santos Brasil

Santos Brasil is the leading terminal operator in Brazil with 8 strategic assets in container, liquid, and vehicle handling and logistics services across the...

Delta Corp enters merger and share exchange agreement with Kaival Brands

Kaival Brands Innovations Group, the exclusive U.S. distributor of  the Bidi® Stick and certain other products manufactured by Bidi Vapor, LLC, and Delta Corp...

Pangaea and M.T. Maritime Management announce a $194m all-stock deal

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, and M.T. Maritime Management, managers of a diversified fleet of tankers and dry...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...