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Wednesday, March 19, 2025
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Diana Shipping announces time charter Contract for m/v Medusa With Cargill

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned...
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Maran Dry sells two oldest capesize bulkers to Lila Global

Lila Global has bought the two oldest capesize bulk carriers of the Maran Dry Management fleet. Citing sources close to Lila Global, TradeWinds reported the...
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Iron ore spooked by resumed talks of China’s steel output cut

Iron ore futures surrendered early gains to trade lower on Wednesday, as sentiment was spooked by resumed market talks of China’s plan of trimming...
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Baltic index hits 15-week high as rates of all vessel sizes rise

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a 15-week peak on Wednesday as...
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Greece working on plan to further increase shipping competitiveness

The Ministry of Μaritime Affairs and Insular Policy has been taking measures and following strategies lately to make the Greek registry more attractive. According to...
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Greek owners organizing European Shipping Summit 2025 special event

As part of the European Shipping Summit 2025 in Brussels, the Union of Greek Shipowners is organizing a special event on Wednesday 19 March,...
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UK police arrest captain of cargo ship on suspicion of manslaughter over North Sea collision

British police on Tuesday arrested the captain of a cargo ship on suspicion of manslaughter as they searched for answers about why it hit...
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Caravel Group acquire India’s International Maritime Institute

Dr. Harry S. Banga and Mr. Angad Banga of The Caravel Group announced their acquisition of the International Maritime Institute (IMI), India’s premier maritime...
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C3is sees revenue increase in 2024; fleet capacity trebled

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced its unaudited financial and operating results for the fourth quarter and...
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Intermodal Weekly Market Report [W10]

In view of President Trump's declared intention to "Make America’s Shipbuilding Great Again," this week we aim to shed some light on the global...
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Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

United Maritime achieves “significant progress” in 2024

United Maritime Corporation, announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The Company also declared a quarterly...

Pyxis takes “optimistic view, with challenges ahead”

Pyxis Tankers, an international shipping company, today announced unaudited results for the three months and year ended December 31, 2024. For the three months ended...

DP WORLD reports record revenue of $20.0 billion and EBITDA of $5.5 billion

DP World Limited has announced financial results for the year ended 31 December 2024. On a reported basis, revenue grew by 9.7% to $20.0...

Gulf Navigation gets green light to buyout Brooge Energy assets

The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the...

IMO to develop global strategy for maritime digitalization

The International Maritime Organization (IMO) is taking action to create a comprehensive strategy that...

MOL charters two more VLEC newbuilds to SCG

Mitsui O.S.K. Lines announced that on March 17, its group Company MOL Energia Pte....

Baltic Index down on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Celestyal marks 10-year anniversary with exclusive two-for-one offer

· Celestyal marked 10-year anniversary on March 13, 2025 · Two-for-one offer available on 88...

ICS and CMI launch updated campaign Promoting Maritime Treaty Ratification

The International Chamber of Shipping and the Comité Maritime International launch an updated campaign...

Greek ports record 5.6% passenger traffic increase in Q3

The total passenger traffic in Greek ports increased by 5.6% in the third quarter of 2024 compared to the third quarter of 2023, while...

DP World and Maersk sign long-term agreement to expand maritime services in Brazil

DP World, a global leader in logistics and supply chain solutions, has signed a long-term strategic agreement with Maersk, one of the world’s leading...

China ramps up criticism of BlackRock Ports deal

Chinese authorities increased pressure on CK Hutchison Holdings over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking...

Trade rises at Port of Long Beach in February

Trade moving through the Port of Long Beach rose for a ninth consecutive month in February as retailers continued to move goods ahead of...

Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

Hanseatic Global Terminals successfully completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group. CNMP LH operates the Atlantique container...

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