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Iron ore retreats as market awaits further China support

Iron ore futures retreated on Monday as traders adopted a wait-and-see stance after last week’s rally, spurred by optimism over China’s policy support for...

Klaveness and Lauritzen demonstrate collaboration as key to success

Torvald Klaveness and Lauritzen Bulkers, leading global dry bulk shipping companies, are pleased to announce a collaboration move that sees Lauritzen Bulkers testing Market...

Regulators push for low-carbon bunker transition for net-zero 2050

Maritime trades have been powered by residual fuels that emit high levels of air pollutants and greenhouse gases for decades, but a growing number...

Gibson Weekly Tanker Market Report [W34]

The state of California is a unique case in the US energy market, particularly when it comes to crude oil…

Panama Canal drought causes shipping backlog amid Christmas rush

The Panama Canal, an 82-kilometre waterway constructed to allow ships to pass between the Atlantic and Pacific oceans, is under pressure from climate change. Severe...

Russia’s oil exports via western ports slightly up in August despite pledged cuts

Crude oil loadings from Russia’s western ports in August are seen slightly higher from July despite Moscow’s pledge to cut oil exports by 500,000...

Brazil clears bottlenecks to oust US as top corn exporter

Brazil is set to overtake the U.S. this year as the world’s top corn exporter, reflecting both a bumper harvest and logistical breakthroughs such...

Morgan Stanley Infrastructure Partners, Crowley Advance U.S. Wind Energy

Morgan Stanley Investment Management ("MSIM"), through Morgan Stanley Infrastructure Partners ("MSIP"), and U.S. maritime, energy and logistics solutions leader Crowley announced today the creation...

Solstad Offshore delivers record quarter

Solstad delivered the strongest quarter in the Company’s history in terms of Operating Income and EBITDA, and achieving a strong EBITDA margin at 49%. CSV...

Navios Holdings Posts Net Income of $15.5 Million in Q2

Navios Maritime Holdings Inc., reported its financial results for the second quarter and six months ended June 30, 2023. Navios Holdings owns (i) a controlling...

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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...