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CMA CGM rebrands New York terminals, invests $600 mln

CMA CGM has renamed the New York and New Jersey terminals, which it recently purchased from Global Container Terminals (GCT). The company introduced the rebranded...

John-Kaare Aune to leave the Wallem Group; John Rowley appointed CEO

The Board of Directors of Wallem Group today announced that John-Kaare Aune will be stepping aside as Wallem Group’s CEO and after a period...

US Imposes First Sanctions Over Russia Oil Cap as Impact Fades

The US imposed the first sanctions for violations of the price cap on Russian oil introduced by the Group of Seven nearly a year...

Overseas Shipholding Group Purchases Vessel from BP

Overseas Shipholding Group, Inc. (“OSG”) announced an agreement with BP Oil Shipping Company, USA, to purchase the tank vessel Alaskan Frontier, a sister vessel...

Maersk signs deal with Starlink for its Ocean fleet

A.P. Moller – Maersk, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed...

China restricts refined oil product exports despite oil inventory increase of 0.7 mbpd

During the first three quarters of 2023, China has continued expanding its crude inventories by an estimated 0.7 million barrels per day (mbpd). These...

Baltic index extends declines as rates for larger vessels fall

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the third straight day on Thursday, pressured...

Maritime Cyprus 2023 – A Greek Take on a Global Problem

It is always an auspicious sign when some of the largest names in Greek shipping get together to discuss not only shipping policy but...

Celestyal Temporarily Suspends Calls To Israel

Following the recent events in Israel, Celestyal is closely monitoring the situation and maintains constant communication with the Israeli authorities.  Our top priority is...

ZIM issues customer advisory regarding war situation in Israel

ZIM continues to operate and accept bookings to and from Israel; implementing new war risk premium charge, at cost, on relevant cargo. A company announcement...

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Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...