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Dalian iron ore hits 5-month low as China demand disappoints

Dalian iron ore futures prices extended declines to hit a five-month low on Tuesday, pressured by weak sentiment amid subdued demand in top consumer...

Baltic Index Slips On Falling Capesize, Supramax Rates

The Baltic Exchange’s dry bulk sea freight index slipped on Tuesday, snapping a three-session winning streak on falling rates for the capesize and supramax...

Capital orders gas carriers in China

Evangelos Marinakis-led Capital Group has reportedly placed an order at Nantong shipyard (CIMC SOE) for up to four 40,000 cbm LPG carriers. The agreement...

Panama Canal adds extra daily transit slots

In response to the current and projected level of Gatun Lake, the Panama Canal Authority has announced, through Notice to Shipping Lines No. A-08-2024,...

Odfjell Oceanwind Secures Funding for Floating Wind Project

Norwegian State enterprise Enova is allocating 2bn Norwegian kroner (€175m) to the 75MW GoliatVIND floating offshore wind project at Hammerfest in Norway. A total of...

Genco sells capesizes in profitable deal

Genco has successfully negotiated the sale of the Genco Claudius and Genco Maximus for $47 million, higher than the previous $36.5 million...

China’s crude oil imports rise on-year, but softer trend remains

China’s imports of crude oil rose in the first two months of the year compared with the same period in 2023, but they were...

Overseas Shipholding Group Reports Fourth Quarter and Full Year 2023 Results

Overseas Shipholding Group, a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products in the U.S....

Iron ore tumbles on persistently weak fundamentals in China

Iron ore futures prices extended their decline into a second straight session on Monday, to the lowest in more than four months, dragged down...

Baltic index rises on firm rates for larger vessels

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, firmed on Monday, helped by rising capesize 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...