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Supertanker freight rates jump as Mideast crude exports to Asia rise

The costs of chartering supertankers to move crude oil from the Middle East to Asia have jumped to the highest since April as more...

Dalian iron ore hits 11-week high on China stimulus prospects

Dalian and Singapore iron ore futures rose for a third session on Thursday, as weaker-than-expected industrial growth in top steel consumer China cemented views...

Baltic index extends gains on stronger vessel rates

The Baltic Exchange’s main sea freight index rose for a tenth straight session on Thursday, supported by higher rates across vessel segments. The overall index,...

Celestyal Appoints Janet Parton To The Brand New Position Of Vice President, Business Development – Uk, Europe & Australia

Celestyal, the award-winning, number one choice for travellers to the Greek Islands and the Eastern Mediterranean, continues to invest and expand in key markets...

Korean Shipbuilders Likely to Receive Reflective Benefits from Cross-strait Conflict

A cross-strait conflict between Taiwan and China is creating new opportunities for the Korean shipbuilding industry. Taiwanese shipping companies and ship owners are turning...

Russian Urals crude freight costs from Baltic to India at 6-month lows- trade

Shipping costs for Russian Urals crude from Baltic ports to India for loadings in July eased to their lowest level in six months amid...

Baltic index hits two-week high on smaller vessels demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Wednesday, aided by an uptick in...

At least 79 drown, many missing in migrant shipwreck off Greece

A fishing boat carrying migrants trying to reach Europe capsized and sank Wednesday off the coast of Greece, leaving at least 79 dead and...

Dynacom orders 10 new vessels

According to broker reports, Dynacom has placed orders for two very large crude carriers at New Times Shipbuilding and eight 85,000 dwt bulk carriers...

Bunge, Viterra will merge to form $34 billion agri-trading powerhouse

U.S. grains merchant Bunge (BG.N) and Glencore-backed (GLEN.L) Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the...

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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...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

Iran urges US to accept proposal to reopen Strait Of Hormuz

Iran’s offer to the United States to reopen the Strait of Hormuz within seven...

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...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

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,...