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OPEC+ may spur U.S. crude oil exports, tick production higher

OPEC’s surprise oil production cuts could lead to higher demand for U.S. oil in Europe and Asia and could encourage some other producers to...

Iron ore extends losses on weak steel demand, China intervention fears

Dalian and Singapore iron ore futures fell for a second session on Tuesday, pressured by higher shipments, weak steel demand in the traditionally peak...

Baltic index extends gains on firm larger vessels demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Tuesday supported by higher rates for...

Stolt Tankers orders chemical tankers at Wuchang Shipbuilding

Stolt Tankers’ joint venture in China, Shanghai SC-Stolt Shipping Ltd (SSCSSL) has signed a contract with Chinese shipbuilder Wuchang Shipyard to build two chemical...

Castor Maritime Announces Sale of M/V Magic Moon for $13.95 Million

Castor Maritime, a diversified global shipping company, announced that on March 23, 2023, it entered into an agreement with a third party for the...

Saverys Plan to Buyout Exmar

Exmar NV has been informed by Saverex NV (“Saverex”) that Saverex intends to launch a voluntary and conditional public takeover bid for all shares...

Scorpio Tankers Announces Repurchases of Its Common Shares

Scorpio Tankers announced that it has repurchased its common shares in the open market. Recently, the Company purchased 1,269,864 of  its common shares  in the ...

Iron ore slides on regulatory crackdown fears, weather disruptions

Dalian and Singapore iron ore futures dropped on Monday, as traders worried about further government intervention in the market after last week’s rally. Talk in...

Hanwha gets nod from EU for Daewoo Shipbuilding takeover

Hanwha Group received approval from the European Union on its plan to buy Daewoo Shipbuilding & Marine Engineering Co., one of South Korea’s three...

Baltic index rises on firm demand for large shipping vessels

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

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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...