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Russia’s Sovcomflot says western sanctions are undermining safety at sea

Sanctions on shipping companies are undermining safety at sea and pose dangers for trade as ship standards are impacted, the chief executive of sanctioned...

Russia’s July western port oil loadings to fall 23% m/m, sources say

Russia in July will cut oil exports via its western ports to 1.5 million barrels per day (bpd), down almost 500,000 bpd from June,...

Celestyal to increase capacity by 30% and expand in the Arabian Gulf with a second ship from 2025

Celestyal to increase capacity on sale by 30% versus last year, including new Iconic Arabia cruises, plus 21 Adriatic cruises across 2025 and 2026. Both...

Iron ore pares losses on resilient near-term demand, stimulus hopes

Iron ore futures prices pared losses on Tuesday, helped by demand forthe key steelmaking ingredient and renewed stimulus hopes in top consumer China. The most-traded...

Baltic index hits two-week low as larger vessel rates dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell to its lowest level in two weeks...

Capital Offshore linked to major PSV order

Capital Offshore has reportedly placed an order for four firm diesel-electric, DP2, 94.7-metre-long PSVs, which will be classed by Lloyd’s Register. In addition to the...

Missile attack confirmed in Arabian sea

A merchant vessel in the Arabian Sea reported an explosion in close proximity to it on Monday, the United Kingdom Maritime Trade Operations (UKMTO)...

EU adopts new sanctions against Russia, including LNG

European Union countries adopted a 14th package of sanctions on Russia that aims to close some loopholes and hits Russia’s gas exports for the...

Severe drought forces corn farmers in China’s east to delay planting

After weeks of scorching heat and little rain, farmer Zhang Yunjing had no choice but to collect water from a wastewaterpipe to irrigate her...

Iron ore at 2-1/2-month low as tepid steel demand, firmer dollar weigh

Prices of iron ore futures extended losses on Monday to their lowest levels in more than two months, pulled down by signs of dull...

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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...

Iran grants permission for a number of Iraqi oil tankers to pass through Hormuz

Iran has granted permission for a number of Iraqi oil tankers to pass through...

Search resumes for 22 crew after cargo ship sinks off India

A search-and-rescue operation was continuing on Sunday after a cargo ship sank off the...

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,...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

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...