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World’s biggest container ship skips India in blow to trade aims

Prime Minister Narendra Modi’s goal of making India the world’s factory risks being held back by the country’s inability to attract bigger container ships...

Iron ore climbs above $120/T as supply concerns boost support

Iron ore futures extended gains on Wednesday, with the Singapore benchmark contract vaulting past $120 a tonne to hit a fresh six-month peak, as...

Euronav disputes Frontline’s right to halt merger

Belgian oil tanker and storage group Euronav disputes Frontline’s right to end a merger agreement between the companies and is considering its options, including...

Baltic index hits over 4-month low as vessel demand wanes

The Baltic Exchange’s main sea freight index dropped to a more than four-month low on Wednesday, pressured by weaker demand across vessel segments. The overall...

G7 Nations Designing Price Caps on Russian Refined Oil Products

Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those that trade at higher...

A.P. Moller-Maersk Announces New Executive Leadership Team

A.P. Moller – Maersk (Maersk) has announced a new organisational structure and a new executive leadership team. The changes are effective 1 February, 2023...

Euronav responds to termination of combination agreement by Frontline

Euronav NV notes the announcement that Frontline plc has unilaterally decided to terminate the combination agreement between the two companies signed 10 July 2022...

Iron ore rises as China sees COVID wave past its peak

Dalian and Singapore iron ore futures rose on Tuesday after China said it has seen the peak of COVID-19 infections in many regions, adding...

Baltic index falls, panamax hits lowest in two years

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, slipped on Tuesday, on lower rates for all vessel...

DHT Holdings announces $305 million financing

DHT Holdings, announced a new $305 million secured credit facility. It is in line with the “DHT-style financing” including a six-year tenor and a 20-year...

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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...