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Grimaldi group acquires 67% Heraklion port stake

Grimaldi Euromed S.p.A. group. & Minoan Lines A.N.E announced the acquisition of 67% of the port of Heraklion, Crete at a price of 80...

Maersk secures fuel for first methanol container ship journey

Denmark's Maersk (MAERSKb.CO) said on Monday it has secured fuel for the first container vessel able to run on carbon-neutral methanol for its inaugural...

S. Korea: Shipbuilders expand benefits for foreign workers

HD Hyundai, Hanwha Ocean and Samsung Heavy Industries are in a fierce rivalry to secure foreign workers and employees specializing in R&D, amid a...

Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts

China’s Unipec, the trading arm of top Asian refiner Sinopec 600028.SS, has emerged as a major seller of August-loading Oman crude this month, a...

Shipping tax could yield $100 bln climate windfall

The shipping industry emits 2.9% of the world’s greenhouse gases. It has also largely escaped taxation because what happens on the high seas is...

Baltic index edges higher on improved capesize demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Monday buoyed by a pick up...

Jobs at stake as California port terminal upgrades to green technology

Unions hope a $30 million grant to electrify tractors in a Long Beach, California, port terminal’s final push to become the world’s first zero-emissions...

Russia Dissatisfied With Black Sea Grain Deal After UN Talks

Russia is still not satisfied with how a Black Sea grain deal is being implemented, Deputy Foreign Minister Sergei Vershinin said on Saturday after...

Asia-Pacific Supramax, Panamax rates plunge on poor commodities demand, weak China recovery

Asia-Pacific Supramax and Panamax time-charter equivalent rates in the second quarter of 2023 have so far more than halved from Q2 2022 because of...

Celestyal Participates In Promotion Of The Tourist Destination Of Central Macedonia

Celestyal, the award-winning, number one choice for travellers to the Greek Islands and the Eastern Mediterranean, participates in the presentation to the media of...

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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...

Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

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...

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

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...