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Scorpio Services, Gulf Navigation launch Dubai ship-management JV

Gulf Navigation Holding PJSC ("GULFNAV"), the Dubai Financial Market listed maritime and shipping company, announced that it has set up a new Joint Venture with...

MSC and Hamburg secure 92.3% of HHLA at end of second acceptance period – MSC

Swiss-based MSC secured 92.3% of port operator HHLA together with the German city of Hamburg after the end of a second acceptance period at...

Proposed COP28 Climate Deal Calls for Transition Away from Fossil Fuels

The COP28 Presidency released a proposed text of a final climate deal on Wednesday that would, for the first time, push nations to transition...

Transocean Announces $251 Million Harsh Environment Semisubmersible Contract

Transocean announced a minimum 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000...

Intermodal Weekly Market Report [W49]

Intermodal's recent participation in the Busan International Port Conference marked a significant step in keeping abreast of the evolving dynamics of the global shipping...

Baltic index extends gain on strong capesize rates

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a second consecutive session on Tuesday,...

Toyo contracts VARD for hybrid cable lay & construction vessel

Vard has signed a contract for the design and construction of a highly customized state-of-the-art hybrid power cable lay and construction vessel for the...

Star Bulk, Eagle Bulk to Merge, Creating Largest US-Listed Dry Bulk Shipping Company

Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. have announced their agreement to merge in an all-stock deal, creating the largest U.S. listed...

FSRU vessel set to arrive at Alexandroupoli port

After a long journey from Singapore’s Seatrium shipyard via the Suez Canal, a GasLog tanker is due to arrive in Alexandroupoli converted into a...

Dynagas LNG Partners reports stable Q3 earnings

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas (“LNG”) carriers, announced its results for the three and nine months ended...

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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...