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Somali pirates return, adding to global shipping crisis

As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of...

Chart Industries and GasLog Partner on Large Scale Liquid Hydrogen Deployment

Chart Industries, Inc., a leading global solutions provider to clean energy and industrial gas markets, announced its collaboration with GasLog LNG Services Ltd., a...

Stena Bulk Enters Into New Partnership In The Operation Of Existing Imoiimax Tankers

Leading tanker shipping company Stena Bulk announced it has entered into a new partnership with a prominent Gulf Co-operation Council investment institution in the...

Capital Product Partners L.P. Announces the Sale of Three 10,000 TEU Container Vessels

Capital Product Partners L.P., an international owner of ocean-going vessels, announced that the Partnership entered into a memorandum of agreement for the sale of...

Shippers Turn to Longer-Term Charters as Tanker Supply Tightens

Rising oil tanker chartering rates due to global shipping disruption are forcing oil shippers to take on longer-term shipping charters, executives said this week...

SFL – Acquisition of three newbuild LR2 product tankers in combination with long term charters

SFL Corporation Ltd. announced that it has agreed to acquire three new LR2 product tankers for an aggregate purchase price of approximately $230 million...

China’s soybean imports from Brazil jump 211% in first two months

China’s soybean imports from Brazil surged 211%in the first two months of 2024 compared with a year ago, data showed on Tuesday, as strong...

Russia remains China’s top crude supplier in Jan-Feb

Russia remained China’s top oil supplier in the first two months of this year, data showed on Wednesday, as Saudi supply cuts continued. China’s imports...

Declines in larger vessels drag down Baltic index

The Baltic Exchange’s main sea freight index fell for a second straight session on Wednesday, pressured by losses in the larger capesize and panamax...

BW Group Contemplating Block Sale of Shares in Hafnia

BW Group Limited has retained DNB Markets, part of DNB Bank ASA, Fearnley Securities AS, and Pareto Securities AS as Joint Global Coordinators and...

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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...

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...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

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...

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...

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...