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2020 Bulkers: Conversion of index-linked charter hire for Bulk Sao Paulo

2020 Bulkers has converted the index-linked charter for Bulk Sao Paulo into fixed rate charter at US$16,146 per day, gross, for the period from...

Maersk Drilling secures four-well contract offshore Denmark

Maersk Drilling has been awarded a contract with INEOS E&P A/S for the provisioning of the harsh-environment jack-up rig Maersk Resolve to drill two...

Seven More Crop Laden Ships Leave Ukrainian Ports

Seven more ships laden with agricultural produce left Ukrainian ports on Sunday, the country’s infrastructure ministry said, bringing the total to 218 since a...

Nigeria Pins Hopes On Deep Sea Port To End Cargo Congestion

Nigeria is betting a deep sea port set to open early next year will help revive an economy grappling with soaring inflation, stagnating growth...

S. Korea Shipbuilding: More FX stabilising measures on the way

South Korea’s finance minister said the government would prepare more measures to stabilise the foreign exchange market, while downplaying the need for a currency...

Ukraine ports ship approx 4.7mn tonnes of food under grain deal

A total of 211 ships with 4.7 million tonnes of agricultural products on board have left Ukraine so far under a deal brokered by...

Gibson Weekly Tanker Market Report [W38]

Since the start of oil production in 2019, Guyana has been on a consistent upward trend in terms of crude exports...

Hamburg Port Says Government Shouldn’t Block Chinese Acquisition

Hamburg Hafen und Logistik AG said the German government shouldn’t block a Chinese acquisition of a stake in a container terminal, arguing that the...

Port Houston Sets New Container Record

Container volume continues to break records at Port Houston. Total container volume in August was 382,842 TEUs, which is 20% more than the same...

Performance Shipping: US$45,000/day time charter contract for 7-10 months

Performance Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Trafigura Maritime Logistics Pte Ltd for...

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Nakilat delivers QAR 1.69 billion net profit in FY2025, an increase of 3.1%

Qatar Gas Transport Company Q.P.S.C. Nakilat announced its financial results for the year ended 31 December 2025. The Group delivered a net profit of...

Diana Shipping Inc. issues statement regarding Genco Shipping & Trading’s response to Diana’s acquisition proposal

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximately 14.8% of the...

Icon Energy Corp. announces reverse stock split

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today...

TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...

Carnival Corporation & plc achieves record full year adjusted net income and investment grade leverage metrics, reinstates dividend

Carnival Corporation & plc announced financial results for the fourth quarter and full year 2025 and provided an outlook for the first quarter and...

Intermodal Weekly Market Report [W3]

China has started 2026 with two signals that matter for bulk shipping in different...

Baltic index rises on firm vessel rates

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry...

SM Group’s Korea line equips entire fleet with Starlink

Korea Line Corp., the shipping arm of SM Group, announced that it has successfully...

IMO welcomes entry into force of the BBNJ Agreement

The Biodiversity Beyond National Jurisdiction (BBNJ) Agreement targets sustainable use of marine biodiversity in...

HD Hyundai’s Avikus secures industry-record contract to supply autonomous navigation to 40 HMM Vessels

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, has signed a landmark agreement with HMM,...

AD Ports Group expands operations in Spain with acquisition of Balenciaga Astilleros Shipyard

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today announced that its subsidiary SAFEEN Drydocks, part of Noatum...

Cosco expects a return to normalcy in Suez

In an environment of intense geopolitical developments and changing cargo flows, the port of Piraeus remains at the heart of global trade. The gradual normalization...

Panama Ports see 3.6% rise in TEU container traffic in 2025

Panama’s port traffic rose 3.6% in 2025 to 9.9 million TEU containers compared to the previous year, the country’s Maritime Authority said on Friday. The...

Port of Piraeus: Cruises kick off 2026 with strong momentum

With the arrival of the first cruise ships, Piraeus Port Authority S.A. officially inaugurated the 2026 cruise season, marking the beginning of another dynamic...

Nova Marine Carries lands a new port in Amsterdam with Bolten and Ership

Nova Marine Carriers, together with German shipping company Aug. Bolten and Spanish group Ership, has completed the acquisition of 100% of VCK Port Logistics...