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Intermodal Weekly Market Report [W33]

As of the latest update, the Panama Canal continues to grapple with the effects of a historic drought, impacting shipping markets in the region...

Baltic index extends decline as larger vessel rates fall

The Baltic Exchange’s main sea freight index fell for a third straight day on Tuesday, weighed down by a fall in capesize and panamax...

Mitsubishi Shipbuilding developing ammonia handling system

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, is currently developing the Mitsubishi Ammonia Supply and Safety System (MAmmoSS®), an...

BHP logs lowest annual profit in three years, sees slower growth

BHP Group on Tuesday reported its lowest annual profit in three years and warned that lag effects of higher interest rates would impact growth...

Cargill Tests Sails in Effort to Slash Fuel Burn – report

The world’s largest agricultural trader hauls 225 million tons of cargo around the globe each year on hundreds of colossal vessels. Now one of...

Avance Gas declares newbuilding option for two LPG/Ammonia Carriers

Avance Gas Holding Ltd. has declared the option of the two mid-sized LPG/ammonia carriers (MGCs) from Nantong CIMC Sinopacific Offshore & Engineering Co., LTD...

Ukraine may use new Black Sea route for grain shipments – producers

Ukraine is considering using its newly-tested wartime Black Sea export corridor for grain shipments after the first successful evacuation of a vessel along the...

Baltic index down as capesize vessel rates fall

The Baltic Exchange’s main sea freight index fell for a second straight session on Monday, weighed down by a dip in capesize vessel rates. The...

Hapag-Lloyd Considering Acquisition of HMM – report

Hapag-Lloyd, based in Germany and the fifth-largest shipping company in the world, is currently considering participating in the acquisition bid for Hyundai Merchant Marine...

Third of Ukraine Crop Exports Wiped Out After Black Sea Block

The Kremlin’s efforts to paralyze Ukrainian food shipments are succeeding, with a third of the country’s crop exports wiped out since its Black Sea...

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Mitsui O.S.K. Lines: Second-quarter revenue up 24.5 pct

On November 9, Japanese shipping giant Mitsui O.S.K. Lines announced its financial results for the second quarter of fiscal year 2026. For the three...

DHT Holdings reports third quarter 2026 results

DHT Holdings, Inc. announced third quarter 2026 results.

Global Ship lease reports results for the third quarter of 2026

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and nine-month periods ended September 30, 2026. Third Quarter of...

Safe Bulkers announces Q3 & 9M 2026 results and declares dividend on common stock

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and nine-month periods ended September 30,...

Havila Shipping ASA: Request from DNB, Swedbank and Danske Bank for Attachment Liens

Reference is made to the stock exchange announcement dated 19 October 2026 regarding the ruling by the Borgarting Court of Appeal in favour of...

Russia says it hit three cargo ships in Black Sea

Russia said on Sunday overnight strikes by its forces had hit three cargo vessels...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

PPA completes establishment of new subsidiary

Piraeus Port Authority (PPA) has announced the completion of the establishment of a new subsidiary, named Piraeus Supply Chain Gateway. The development follows an earlier...

Piraeus Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...