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TEN: Sale of Suezmax Tanker; Completion Dual-Fuel Renewal Program 1st Phase

TEN announced the sale of the 2005-built suezmax tanker Eurochampion 2004 and the concurrent delivery of two LNG powered aframax tankers, the Chios DF...

HD Hyundai secures $366 million ammonia carrier order

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) bagged a 491.1 billion won ($366 million) order to build three very large ammonia carriers (VLACs)...

Wallenius Wilhelmsen: Multi-year contract with Korea’s leading construction machinery company

Wallenius Wilhelmsen recently signed a significant multi-year shipping contract with Korea’s leading construction machinery company. The new agreement, which has a duration of three...

Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption

German shipping group Hapag-Lloyd HLAG.DE will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks...

Baltic Index Climbs For Third Straight Session On Firm Rates For Larger Vessels

The Baltic Exchange’s dry bulk sea freight index gained for a third straight session on Monday, buoyed by a rise in capesize and panamax...

The Oil Market Is Making Plans For Red Sea Chaos To Last Weeks

The oil market is bracing for a weeks-long disruption to shipping in the southern Red Sea, where Houthi militants have for months been attacking...

CMA CGM reroutes more ships to avoid Red Sea attacks

One of the world’s largest container shipping groups CMA CGM on Friday said it would reroute a weekly service between Europe and Australia to...

EU wheat edges higher as more grain ships diverted

European wheat edged higher on Friday as traders monitored developments in the Red Sea, and an increasing number of bulk carriers, including grain cargoes,...

Bahri to time-charter Stena Provident & Stena Progressive in agreement with Proman

Proman, the world’s second largest methanol producer, and Bahri, a global leader in logistics and transportation, have announced a five-year agreement for Bahri Chemicals,...

African Ports See Higher Refueling Demand as Vessels Round Cape

African ports from Namibia to Mauritius are becoming more popular as refueling stops for vessels shunning security threats in the Red Sea. The Namibian port...

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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...