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Performance Shipping secures charter contract with Trafigura for LR2 Aframax Tanker, M/T P. Aliki

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...

Hyundai, Capital Gas get approval for LCO2 carrier

HD HHI and Capital Gas Ship Management have received approval in principle for a 40,000 cbm LCO₂ carrier from Lloyd’s Register, developed following a...

Hapag-Lloyd CEO says demand surge may be short-lived

Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world’s oceans has risen significantly in recent weeks...

Ship registries flag innovations at Posidonia 2024 amidst global challenges and opportunities

Sixteen ship registries from across the globe are participating in Posidonia 2024 to showcase their innovations and competitive strategies. These registries aim to navigate...

Libra Group makes $2 billion exit from container shipping

Libra Group exited the container shipping market this week after selling close to 100 vessels for more than $2 billion over several years to...

Iron ore extends fall on softening China steel demand, bets of high supply

Iron ore futures prices extended their decline to a fifth straight session on Wednesday, pressured by faltering steel demand and expectations of high shipments...

Performance Shipping secures charter contract with Aramco

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...

Baltic index hits three-week high on higher vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its gain on Wednesday to mark its...

Diana Shipping announces time charter contract for M/V polymnia with reachy

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Carnival Corporation to strategically align portfolio and absorb P&O cruises Australia into carnival cruise line

Carnival Corporation & plc, the world's largest cruise company, announced that in March 2025, the company will sunset the P&O Cruises Australia brand and...

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TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Danaos exploring bulker business Oslo-listing

Danaos has reportedly hired investment banks to advise on a possible equity placement and listing in Norway for its dry bulk business. More specifically, TradeWinds...

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...

Trump says Russia and Ukraine agreed to ‘energy ceasefire’

President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy...

Iran says US response to its proposal to reopen Hormuz was ‘insufficient’

The United States' response to Iran's seven conditions in a proposal to reopen the...

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,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...

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...