The Panama Canal has issued an Advisory to Shipping Lines stating that it will increase the maximum authorized draft to 45 feet.
This adjustment, originally...
Frontline reported unaudited results for the three months ended March 31, 2024:
Highlights
Profit of $180.8 million, or $0.81 per share for the first quarter of...
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched upwards on Wednesday, reaching a one-week peak...
Subsea7 announced the award of a super-major1 contract by Petrobras, after winning a competitive tender, for the development of the Búzios 9 field located...
Member States of the International Maritime Organization - the UN agency that regulates global shipping - have called for an immediate end to ongoing...
A total of 19 agreements and memorandums of understanding (MOUs), mainly in the energy sector, were signed between the governments and companies of Korea...
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...
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 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 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...
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...
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...
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...
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, the infrastructure investment arm of Denmark's A.P. Moller Group, said on Monday it had agreed to acquire a majority stake in...
