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C3IS INC. Announces Reverse Stock Split

C3IS INC. announced that its board of directors has determined to effect a one-for-one hundred (1-for-100) reverse stock split of the Company’s common stock,...

NYK to Issue Transition Bonds and Green Bonds Boosting Ship Fuel Conversion from a Financing Perspective

NYK will issue its 47th unsecured corporate bonds (transition bonds) and 48th unsecured corporate bonds (green bonds) in the Japanese domestic market in early...

Posidonia 2024 marks the rebirth of the Greek shipbuilding industry

Greece’s revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong recovery following decades of decline and disrepair. The sector’s Greek...

Stolt-Nielsen Limited Reports First-Quarter Net Profit Of $104.0 Million

Stolt-Nielsen Limited reported unaudited results for the first quarter ending February 29, 2024. The Company reported a first-quarter net profit of $104.0 million with...

Dalian iron ore rises but caution grows over China demand recovery

Dalian iron ore futures prices rose for a third straight session on Wednesday, aided by expectations that construction activity is picking up in top...

Baltic index snaps 14-session losing streak on firm capesize rates

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a 14-session losing streak on Wednesday, helped...

Borr Drilling announces new contract commitments

Borr Drilling Limited announced a new contract commitments for three of its premium jack-up rigs, the "Prospector 1", the "Gunnlod", and a rig to...

Höegh Autoliners ASA – New Long-Term Financing Arrangements

Höegh Autoliners ASA has recently secured new and long-term financing for all its existing bank debt and the purchase of H. Jacksonville and H....

Piraeus: Perama Ship Repair Zone Undergoes Upgrade

On Friday, April 5th, two cutting-edge double level luffing jib shipbuilding cranes arrived at the Port of Piraeus. They are soon to be unloaded...

China’s first quarter coal imports surge, defying gloomy forecasts

China’s coal industry says it doesn’t expect imports to increase this year, but the evidence from the first quarter is that the appetite of...

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Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

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...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

CMB.TECH sells Suezmax vessel for $ 59.6 million gain

CMB.TECH NV has sold one Suezmax, generating a gain of approximately 59.6 million USD. CMB.TECH...

Trump says Russia and Ukraine agreed to ‘energy ceasefire’

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

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

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...