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Argentina’s Massa Threatens to Cut Fuel Exports Amid Shortage

Argentina’s oil producers will be barred from exports unless they increase fuel supplies to address shortages in the country, Economy Minister and presidential candidate...

OPEC+ members send less oil to U.S., adding to tight supply outlook

U.S. waterborne imports of crude from OPEC+ members including Saudi Arabia have dropped steadily over the last year, further tightening supplies in the U.S....

Average containership fleet age grows to 14.2 years amid ongoing replenishment

The containership fleet has notched a new record high for average age of 14.2 years — the highest average age of all three primary...

EuroDry Announces JV with Investors & Delivery of Eco Ultramax Bulker

EuroDry announced that it formed a joint venture with a number of investors represented by NRP Project Finance AS (“NRP Investors”) regarding the ownership...

Royal Caribbean Reports Q3 Results & Increases Full Year Guidance

Royal Caribbean Group (NYSE: RCL) reported third quarter Earnings per Share ("EPS") of $3.65 and Adjusted EPS of $3.85. These results were better than...

Israel to Pay for Ships Damaged in War

Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks...

Iron ore subdued as China winter demand in focus

Dalian and Singapore iron ore futures were subdued on Thursday amid worries that Chinese demand for the steelmaking ingredient will remain weak in the...

World’s ghost fleet in focus over US Russian price cap crackdown

U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto vessels referred to as...

Baltic index falls to 1-month low after rates slip across vessel segments

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a one-month low on Thursday, as rates...

MOL, JERA Signs Long-Term Charter Deal for Newbuilding LNG Carrier

Mitsui O.S.K. Lines, Ltd. (MOL) announced the signing of a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company...

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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...