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Drydel orders ultramax in Japan

Drydel Shipping has reportedly placed an order with Shin Kurushima Dockyard for the construction of a 64,000 dwt ultramax bulk carrier, expanding its orderbook...

Höegh Autoliners ASA – Sale of HÖEGH KOBE

Höegh Autoliners ASA, through its subsidiary Höegh Autoliners Shipping Pte. Ltd., has reached an agreement for the sale of the owned vessel HÖEGH KOBE...

Dalian iron ore snaps 5-session slide as demand firms ahead of holidays

Dalian iron ore futures rose on Tuesday after a five-session slide, as Chinese buyers ramped up purchases ahead of public holidays later in the...

Shipping industry faces fuel dilemma in bid to cut emissions

The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large vessels should run,...

Baltic index hits near 6-week low on lower vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a ninth straight session on Tuesday to...

HD Korea Shipbuilding wins $454 mil. ship orders in Oceania, Europe

HD Korea Shipbuilding & Offshore Engineering said Monday it has received 612 billion won ($454 million) in orders to build four liquefied petroleum gas...

QatarEnergy Signs agreements for the operation of LNG vessels

QatarEnergy signed long-term time charter party (TCP) agreements with four international shipowners for the operation of 19 new, ultra-modern conventional size LNG vessels as...

Temporary Channel Opens Baltimore Harbor to Smaller Vessels

The Port of Baltimore opened a temporary channel on Monday, freeing some tugs and barges that had been trapped by last week’s bridge collapse,...

Piraeus Port Authority: New Revenue & Profit Highs in 2023

The Piraeus Port Authority S.A. announced its financial results for the fiscal year 2023. Total revenues reached €219.8 million, up by 12.9% or €25.2...

EU sees soft wheat production falling to four-year low in 2024/25

The European Commission forecast that the European Union’s main wheat crop will fall to a four-year low in 2024/25 due to a drop in...

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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...