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IMB calls for regional efforts to safeguard shipping and trade as maritime incidents rise  

The ICC International Maritime Bureau (IMB) has revealed a rise in reported incidents in the Gulf of Guinea and concerns for the Singapore Straits...

Israel’s ports feel strain as shipping traffic slows after attacks

Activity at Israel’s ports is slowing after Saturday’s attacks by Islamist group Hamas on towns close to Gaza, with the cost of insurance premiums...

US soy harvest 43% complete, corn 34%; soy ratings dip – USDA

The U.S. soybean harvest was 43% complete by Sunday and the corn harvest 34% finished, data from the U.S. Department of Agriculture (USDA) showed...

Baltic index falls on lower capesize demand

The Baltic Exchange’s main sea freight index fell for the second straight day on Wednesday, dragged down by a fall in capesize vessel rates. The...

Star Bulk Announces Its 2022 ESG Report

Star Bulk announced the publication of its 2022 Environmental, Social and Governance (ESG) Report, developed in accordance with the new Global Reporting Initiative Standards...

Diana Shipping Announces Sale of Capesize Bulker m/v Boston

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that it has signed, through a...

OOCL reports Q3 revenue drop

Orient Overseas International Limited (OOIL) released its unaudited operational update for OOCL for the third quarter ended on 30 September 2023. For the third quarter...

What the Shock Attack on Israel Could Mean for Oil

The shock attack by Hamas and Israel’s response risk a wider destabilization of the region — and the global oil market is watching. There are...

Frontline buying 24 VLCCs from Euronav for $2.35 billion

Frontline announced that as an integrated solution to the strategic and structural deadlock in Euronav, Frontline has entered into agreements with Euronav to acquire...

Iron ore futures slump as China concerns weigh on sentiment

Iron ore futures fell on Monday, with the Dalian benchmark hitting its lowest in nearly six weeks after the Golden Week holiday, as negative...

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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...