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Seaspan Cancels Shipbuilding Order

Seaspan, a wholly-owned subsidiary of Atlas Corp., announced an update to Atlas' May 17, 2022 press release regarding contracts for four 7,700 TEU dual-fuel...

Port of Los Angeles cargo volume eases in August

After record-breaking cargo volume in 2021 and the first half of 2022, the import surge at the Port of Los Angeles slowed in August....

China’s property sector support buoys iron ore prices

Iron ore futures rose on Thursday, with the Dalian benchmark hitting its highest in more than two weeks, buoyed by China’s intensified efforts to...

Asia’s crude oil imports remain weak as retail fuel prices stay high

Asia’s crude oil imports are on track for another soft month in September, as the world’s top-importing region battles uncertain demand amid high retail...

Baltic dry bulk index up on higher capesize, supramax rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a seventh straight session on Thursday, helped...

Navios Partners sells panamax bulk carrier

Navios Maritime Partners has sold Navios Camelia (75,162 dwt) to an unrelated third party at the reported price of USD 15 million. The sale is...

Navios Holdings Launches $20 Mln Tender Offer for Its Series G and Series H American Depositary Shares

Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), announced that it commenced a tender offer to purchase up to $20 million...

Typhoon Muifa Hits Major Eastern China Port Hub

Powerful gales and torrential rains battered Zhoushan in eastern China on Wednesday as Typhoon Muifa made landfall at the port city in what local...

World’s first methanol-powered Newcastlemax bulker gets ABS approval

Classification society American Bureau of Shipping (ABS) has granted approval in principle (AIP) to CSSC Qingdao Beihai Shipbuilding CO., LTD and China Ship Design...

China steel, iron ore prices dip on global macro headwinds

Chinese steel futures fell on Wednesday after hitting two-week highs in the previous session, dragging down the prices of steelmaking ingredients including iron ore...

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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...