CMA CGM SA, the world’s third-largest container line, is expecting a decline in ocean freight rates as new vessel deliveries gather pace, boosting capacity...
Container throughput improved to 1.9 million TEU in the first quarter of 2024 – despite tense geopolitical and economic conditions. USA traffic continued to...
IMPERIAL PETROLEUM INC. a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and operating results...
OceanPal announced that it has entered into a Support Agreement with Sphinx Investment Corp. an affiliate of George Economou, which owns approximately 14.1% of...
At approximately 1 a.m. (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic missile (ASBM) into the Red Sea and struck M/T Wind,...
Seadrill Limited announced that it has entered into a definitive agreement to sell three jack-up rigs—the West Castor, the West Telesto and the West...
South Korea's state-backed asset manager KAMCO has joined forces with Standard Chartered Singapore to expand smaller domestic shipowners' access to dollar-denominated funding. The initiative...
The Swedish Club has reported a strong and disciplined financial performance for the first half of 2026, underpinned by improved underwriting profitability, continued premium...
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., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...
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...
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...
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...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...