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DP World acquires 58% stake in Evyap Port

DP World and Turkey’s Evyap Group will form a strategic equity partnership between DP World Yarimca Port and Evyap Port. The partnership aims at bolstering...

OceanPal Becomes Strategic Partner In Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings

OceanPal, a global shipping company specializing in the ownership of vessels, announced that the Company agreed to become a strategic partner and invest in...

Maersk Marks 1st European Green Methanol Bunkering in Rotterdam

The port of Rotterdam has for the first time refuelled a methanol-powered container ship as the shipping industry turns to the technology to cut...

Golden Ocean Reports Second Quarter Net Income of $34.9 Million

Golden Ocean Group Limited, the world’s largest listed owner of large size dry bulk vessels, announced its un-audited results for the quarter ended June...

S. Korean shipbuilding stocks rebound

South Korean shipbuilding stocks managed to rebound Monday after weeks of decline as investors perceive prices are too low considering expectations for improved third-quarter...

Intermodal Weekly Market Report [W34]

In recent weeks, Chinese economic data has suggested that the world's second largest economy may be slowing this year and into 2024...

Higher rates across vessel segments prop up Baltic index

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a six-session long streak of declines on Tuesday,...

Maersk Supply Service will Focus on Scale and Competitiveness in Offshore Wind and Offshore Support Vessels

By focusing on fewer business areas and regions, Maersk Supply Service will increase its presence in core markets, increase synergies in its operations and...

OSG Announces Off-Market Share Repurchase

Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) announced that it has agreed to purchase 3,788,639 shares of the Company’s common stock...

First US Gulf offshore wind auction to fuel region’s green hydrogen push

The U.S. Gulf Coast region, the nation's primary offshore source of oil and gas, has cheap electricity and lacks state mandates for renewable energy...

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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...