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Seadrill posts solid Q2 financial results

Offshore driller Seadrill has reported net income of $94 million in the second quarter of the year and operating profit of $109 million. President and...

Wallenius Wilhelmsen shows resilience and growth in Q2

Wallenius Wilhelmsen’s Q2-results demonstrate a robust performance across all three business segments. The company reported USD 477 million in EBITDA and USD 396 million...

Wallenius Wilhelmsen orders 4 car carriers able to run on methanol or ammonia

Wallenius Wilhelmsen announced it has signed a letter of intent for four firm, and eight optional, next generation vessels. A company announcement reads: “I am very...

Ships Backed Up in Black Sea as Russia Warning Shots Raise Tensions

Merchant ships remained backed up in lanes around the Black Sea on Monday as ports struggled to clear backlogs amid growing unease among insurers...

Singapore July bunker sales rebound as container throughput firms

Singapore’s marine fuel sales, also known as bunker sales, rebounded in July after a sharp decline in June, while monthly container throughput hit a...

Gains in panamax vessel rates take Baltic sea freight index higher

The Baltic Exchange’s main sea freight index edged up on Monday as rates for the panamax segment, ferrying coal and grain cargoes, hit a...

Chinese-owned merchant fleet tops Greece’s in capacity

Chinese-owned merchant ships have exceeded, in gross-tonnage, Greek-owned ones, Clarksons Research, the data and analytics arm of shipping brokers Clarksons, says. According to the research,...

HMM orders four multi-purpose heavy-lift ships

HMM has ordered four 38,000-ton multi-purpose heavy-lift ships at China State Shipbuilding Corporation’s subsidiary Huangpu Wenchong. All vessels will be equipped with advanced features, including...

Hard Landing for Trade Roils World Export Champs

As economists gauge the likelihood of recessions in major economies around the world, a slew of recent data show that a downturn is already...

Bulk Carriers Robbed In Singapore Strait

Three bulk carriers were robbed in the Singapore Strait earlier this week, a Singapore-based regional maritime security centre on Friday. One of the busiest commercial...

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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...