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Dynacom linked to suezmax order in China

Dynacom Tankers has reportedly placed an order at New Times Shipbuilding for a series of suezmax tankers at an undisclosed price. Specifically, the company is...

Houthis could partner with Iran, Somali pirates on Indian Ocean attacks

Yemen-based Houthi militants could keep the promise to extend their attacks to merchant ships in the Indian Ocean, potentially with drones and assisted by...

Baltic index slides for seventh straight session

The Baltic Exchange’s main dry bulk sea freight index on Wednesday fell for the seventh consecutive session to its lowest levels in more than...

TEN Beats Revenue Estimates In Q4

Tsakos Energy Navigation reported fourth-quarter FY23 Voyage revenue of $220.2 million, down from $270.3 million in the prior year quarter but above the consensus...

Adani acquires 95% stake in Gopalpur Port

APSEZ has entered into a definitive agreement to acquire Gopalpur Port Limited (GPL) at an enterprise value of INR 3,080 crore Gopalpur is a road-rail...

Carnival Orders Large Cruise Ship from Meyer

Carnival Corporation & plc, the world's largest cruise company, announced that it has signed an agreement with Meyer Werft shipyard for a fifth Excel-class...

Shipping traffic freezes up in port waters after Baltimore bridge collapse

Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted...

OPEC+ unlikely to change output policy before June meeting

OPEC+ is unlikely to make any oil output policy changes until a full ministerial gathering in June, three OPEC+ sources told Reuters ahead of...

Iron ore slips on slower than expected China demand recovery

Iron ore futures prices fell on Tuesday, amid mounting risk-off sentiment as fundamentals of the key steelmaking ingredient remained unfavourable and as downstream steel...

Baltic index hits near one-month low as rates drop for all segments

The Baltic Exchange’s main sea freight index dropped to a one-month low on Tuesday, dragged down by weakness across all vessel segments. The overall index,...

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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...