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Baltic index falls to more than two-month low on weaker vessel rates

The Baltic Exchange’s main sea freight index extended its fall to the lowest in more than two months on Wednesday as rates for all...

PIL names its first two 14,000 TEU LNG dual-fuel container vessels

Pacific International Lines named its first two 14,000 TEU container vessels in a ceremony at Jiangnan Shipyard in China yesterday. They are the largest...

Nordic American Tankers announces a long term contract with a major energy company

NYSE listed Nordic American Tankers (NAT) announced a five-year time charter contract with a major international energy company. The rate is in the mid-high 30’s...

Andreas Hageli and Thomas Kittelsen join SSY

SSY, the world’s largest independent shipbroker, announced that Andreas Hageli and Thomas Kittelsen will join the broking group in January 2025 as part of...

Maersk linked to containership order

According to broker reports, Maersk has reportedly placed an order at New Times Shipbuilding for six 16,000 TEU LNG dual fuel containerships. The liner hasn’t...

CCEC files USD 500 mln shelf registration

Capital Clean Energy Carriers (CCEC) has filed a shelf registration for potential ship purchases or debt refinancing. The shipping company could sell USD 500...

Intermodal Weekly Market Report [W41]

In examining global bulk shipments, what stands out is the weakening of corn exports from Brazil, particularly during the second corn crop (safrinha) harves.

Dalian iron ore inches lower on global steel outlook, weak China data

Dalian iron ore futures gave up early gains on Tuesday to close slightly lower, as prospects of softer global demand for steel and weaker...

Baltic index falls over one-month low as rates decline across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest in more than one...

Maersk launches Korosho Express ocean service to support Tanzania’s Cashew Trade

Mae A.P. Moller – Maersk announced the launch of its new seasonal ocean service, the Korosho Express, specifically designed to support the Tanzania cashew...

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d‘Amico International Shipping sees rise in earnings

The Board of Directors of d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, examined and approved...

International Seaways posts record quarterly net income; matches record dividend

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the third...

Dorian LPG announces record earnings in Q2

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers reported its financial results for the three months ended September...

Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd., the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announces its results for the three months...

SFL – Third quarter 2026 results

SFL Corporation Ltd. announced preliminary financial results for the quarter ended September 30, 2026. Highlights 91st consecutive quarterly dividend declared, $0.22 per share Total operating revenues of...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...