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EXMAR Announces Vessel Sales

EXMAR is pleased to announce that it has concluded multiple agreements for the sale of three midsize gas carriers—KORTRIJK, WEPION, and KRUIBEKE—as well as...

China Merchants Energy Shipping set to build 6 VLOCs – report

China Merchants Energy Shipping announced plans to construct six new 343,000 DWT very large ore carriers for a total investment expected to not exceed...

Iran’s Guards Say Two Ships Involved In ‘Accident’ After Defying Hormuz Warnings

Iran’s Revolutionary Guards said on Sunday that two ships were involved in an “accident” after attempting to transit the Strait of Hormuz via an...

Caspian Pipeline Consortium Oil Loadings Suspended After Drone Attacks On Tankers

Two oil tankers were attacked at the Caspian Pipeline Consortium (CPC) terminal off Russia’s Black Sea coast, CPC said on Sunday, adding that oil...

OPEC: Review of crude and product price movements in the first half of 2026

Crude oil futures prices rose in 1H26, driven by geopolitical developments, strong physical market fundamentals, and uncertainties regarding regional oil supply and trade flows....

Black Sea wheat prices hit multi-week highs amid shipping disruptions

Black Sea wheat prices have risen sharply over the past week amid escalated Russia-Ukraine attacks since July 10, which included strikes on vessels loading...

Drewry: World Container Index Down 2% Last Week

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, fell 2% to $4,547 per 40ft container. The decrease indicates that...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea oil route if the United States strikes Iranian power infrastructure,...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group AG. The new corporate brand “MPC Oceanic” combines its 30-year heritage...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...