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Baltic index rises on panamax vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Wednesday, as gains in the panamax segment...

Safe Bulkers: Sale of Panamax Class Dry-bulk Vessel

Safe Bulkers announced that it has entered into an agreement for the sale of MV Efrossini, a 2012 Japanese-built, Panamax class, dry-bulk vessel at...

DSME Wins Order for Two LNG Carriers from Maran Gas Maritime

Daewoo Shipbuilding & Marine Engineering (DSME) announced on March 14 that it has won an order for two LNG carriers from Maran Gas Maritime,...

China Lifts Unofficial Ban on Australian Coal

China will allow all domestic companies to import Australian coal, signaling an end to trade restrictions imposed in late 2020. Ports and customs offices have...

OPEC Retains Oil Demand Growth Projections

The OPEC Reference Basket (ORB) value rose by 26¢, or 0.3%, m-o-m in February to average $81.88/b. The ICE Brent front-month contract declined by...

Another profitable year for Seanergy despite global challenges

Seanergy Maritime Holdings Corp., announced its financial results for the fourth quarter and twelve months ended December 31, 2022. The Company also declared a...

Intermodal Weekly Market Report [W10]

Following the latest report on World Markets and Trade, USDA raised its forecast for global wheat production in 2022/2023 by 5 million MT...

Baltic index hits near 12-week high on heavy capesize demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a near 12-week high on Tuesday, helped...

Reach Subsea: Strategic 3-year frame agreement with Equinor

Reach Subsea ASA has been awarded a three-year frame agreement with Equinor for work on the Norwegian continental shelf and internationally  to 2026. The...

Venezuela to Ship Oil to Cuba on Blacklisted Supertanker

Venezuela’s state-run oil company PDVSA on Monday was loading a supertanker with crude and fuel for Cuba, maritime documents showed, an unusually large volume...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

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.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​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...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

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...