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Dalian iron ore firms as China’s ore imports, steel exports hit record highs

Dalian iron ore futures edged up on Wednesday after China reported its highest ever monthly imports of the steelmaking ingredient and record-high steel exports. The...

Baltic Index at six-month low as capesize segment drags rates lower

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for an eighth straight session on Wednesday...

MOL PLUS to invest in Pyxis

MOL PLUS CO., Ltd., announced its decision to invest in Pyxis Maritime Pte. Ltd., a developer and manufacturer of electric vessels (EV boats) and...

Saipem awards Guyana subsea contract job for ExxonMobil project

Saipem has awarded a contract for subsea pre-commissioning services for Guyana’s Whiptail development, part of ExxonMobil’s prolific Stabroek play, to contractor Enermech, the companies...

Strong increase in containership freight rates

A few weeks before the Chinese New Year on February 17, container freight rates are back on a strong upward trajectory, confirming that seasonality...

Maersk makes another voyage through Red Sea in test of safety

A.P. Moller-Maersk A/S has safely sailed another ship through the southern part of the Red Sea, its second successful attempt after most shipping lines...

Singapore opens applications for additional LNG bunkering licences

The Maritime and Port Authority of Singapore (MPA) has opened applications for additional licences to supply liquefied natural gas (LNG) as a marine fuel...

COSCO Shipping Holdings orders 12 LNG dual-fuel containerships

COSCO Shipping Holdings has announced that its wholly-owned subsidiary, COSCO Asset Management, entered into shipbuilding contracts on January 13, 2026 for the construction of...

Performance Shipping Inc. announces successful placement of USD 50 million tap issue

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that it has successfully placed a USD 50 million...

Josh Weinstein, President & CEO of Carnival Corporation & plc, named Chair of the Global Executive Committee of Cruise Lines International Association

Cruise Lines International Association (CLIA), the leading authority of the global cruise community, announced that Josh Weinstein, CEO of Carnival Corporation & plc, has...

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NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

Robin Energy Ltd. reports results for the three months ended March 31, 2026

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announced its results for the three months ended March 31, 2026.Highlights of...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...