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Baltic index logs worst day in three weeks on lower vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell the most in three weeks on Thursday,...

MSC Cruises Bases New Ship In Piraeus For Summer 2023 Season

MSC Cruises held a major event on board MSC Musica in the port of Piraeus for nearly 200 members of the Greek travel industry...

Macquarie expects $1 bln from sale of U.S. port terminal operator Ceres

Australia’s Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal...

Intermodal Weekly Market Report [W18]

The Q1 of every year often sees a decline in dry bulk freight rates…

China’s April iron ore imports up 5% y/y

China’s imports of iron ore rose 5.1% in April from the same period the previous year, customs data showed on Tuesday, as buyers anticipated...

Baltic index rises on strong capesize, supramax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday, aided by higher rates for capesize...

Global Ship Lease to Acquire Four Post-Panamax Containerships on Multi-Year Charters

Global Ship Lease, announced that it has agreed to purchase and charter back four 8,500 TEU Post-Panamax containerships with an average age of approximately...

Diana Shipping Announces Time Charter Contracts

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that,...

Imperial Petroleum Reports Record Net Income of $35.7 Million in Q1

IMPERIAL PETROLEUM INC. (NASDAQ: IMPP, the “Company”), a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced its unaudited...

DSME board approves new directors, new name after acquisition gets green light

The board of Daewoo Shipbuilding & Marine Engineering (DSME) approved the new directors recommended by Hanwha and a company name change on Monday after...

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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...