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Baltic index falls on lower capesize rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Monday, pressured by lower rates of...

Cadeler, Eneti combine to create leading offshore wind turbine & foundation installation company

Cadeler A/S and Eneti Inc. announced that they have entered into a business combination agreement to create the preferred partner for the offshore wind...

Danaos Reveals 9.99% Stake in Eagle Bulk

Danaos appears to have built an approximately 10% stake in Eagle Bulk Shipping over the past months. According to a SEC filing, the John Coustas-led...

Ocean Warmth Set a Record for May

Temperatures are already breaking records this year: Last month was the warmest May for the world’s oceans since record-keeping began in 1850, according to...

Saudi Arabia Urges Improved Maritime Security In Gulf Region

Saudi Arabia wants enhanced maritime security in the crucial Gulf region as part of its rapprochement with long-timerival Iran, Foreign Minister Prince Faisal bin...

Iran’s oil exports hit 5-year highs as US holds nuclear talks

Iran’s crude exports and oil output have hit new highs in 2023 despite U.S. sanctions, according to consultants, shipping data and a source familiar...

China’s port throughput boosted by foreign trade growth

Amid the heat of a summer morning, Huang Zhiyi, a 34-year-old container crane operator, hopped on an elevator to reach his workstation 50 meters...

Yara Clean Ammonia, Cepsa to Establish Clean Hydrogen Corridor in Europe

Yara Clean Ammonia will supply clean ammonia to Cepsa’s customers in Rotterdam and Central Europe, thus developing the first clean hydrogen maritime corridor between...

Castor Maritime Announces Sale of M/V Magic Twilight for $17.5 Million

Castor Maritime announced that on June 2, 2023, the Company entered into an agreement with an unaffiliated third party for the sale of the...

MOL makes strategic investment in Ascension Clean Energy

MOL Clean Energy, US, LLC (MCE), a 100 percent subsidiary of Mitsui O.S.K. Lines, Ltd. (MOL), and Clean Hydrogen Works, LLC (CHW) announce MCE...

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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...