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Iron ore slides as prospects of softening demand, Biden’s new China tariff weigh

Iron ore prices extended declines into a second straight session on Wednesday, dragged down by expectations of seasonally falling demand in top consumer China...

Baltic index slips for 5th straight day on weaker vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Wednesday...

Seanergy Maritime reports record first quarter Net Income of $10.2 million

Seanergy Maritime Holdings announced its financial results for the first quarter ended March 31, 2024. The Company also declared a quarterly cash dividend of...

KCC: Successful tap issue under existing sustainability-linked senior unsecured bonds

Klaveness Combination Carriers has successfully completed a NOK 300 million sustainability-linked tap issue under the Company's existing senior unsecured bonds with maturity date 5...

OTL-Odfjell technology secures 3-year contract for tubular running services with COSL Drilling Europe AS

Odfjell Technology, a leading provider of drilling and well services, hassecured an important contract with COSL Drilling Europe AS. The fixed part ofthe contract,...

Biden hikes U.S. tariffs on Chinese imports, including STS cranes, electric cars

U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicle (EV) batteries,...

SFL reports first quarter net profit of $45.3 million

SFL Corporation announced its preliminary financial results for the quarter ended March 31, 2024. Highlights 81st consecutive quarterly dividend, increased to $0.27 per share Net profit of...

ABS and HD Hyundai Group sign MOU to advance medium-voltage power systems on ships

ABS, HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries signed a memorandum of understanding to collaborate on the technical feasibility for...

China overtakes Korea in global shipbuilding competitiveness

Korea’s shipbuilding industry was overtaken by China’s shipbuilding industry in the global competitiveness rankings, according to a report. China overtook Korea in overall competitiveness in...

Baltic index hits more than one-week low on weaker vessel rates

The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities slipped to a more than one-week low on...

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KAMCO and Standard Chartered partner to boost foreign currency financing for Korean shipowners

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 reports strong financial performance amid challenging market conditions

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 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...

Travlos: Greek shipping backs Liberia-Panama proposal for green transition

Greek shipping supports the proposal put forward by Liberia and Panama for the green...

UKMTO says tanker struck by unknown projectile off Saudi Arabia’s Yanbu

A tanker was struck by an unknown projectile 63 nautical miles west of the...

Iran threatens 45 tankers with fines, confiscation in Hormuz escalation

Iran said it had blacklisted 45 tankers that had broken its rules for crossing...

The Swedish Club reports strong financial performance amid challenging market conditions

The Swedish Club has reported a strong and disciplined financial performance for the first...

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...

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...