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Baltic dry bulk index rises on gains across vessel segments

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Wednesday, helped by an uptick across...

UK Ports and Trains Face New Wave of Strikes

Two of Britain’s largest ports are bracing for overlapping dockworker walkouts in coming weeks, threatening more disruption to the nation’s trade flows in a...

Typhoon Muifa Brings Eastern China Ports to a Standstill

Authorities in China’s eastern province of Zhejiang ordered ships to return to port, told schools to close and evacuated tourists from nearby islands, as...

Eagle Bulk Acquires Modern Ultramax Bulk Carrier

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk vessel segment, announced that it has expanded its fleet with the purchase...

Intermodal Weekly Market Report [W36]

While the Organization of Petroleum Exporting Countries and its allies agreed on a 100,000 b/d output cut last week, oil flows are in the...

Iron ore extends gains on supply concerns, China demand

Dalian iron ore hit a two-week high on Tuesday as trading resumed in top steel producer China after a three-day holiday weekend, with supply...

Capesize bounce propels Baltic index to best day in 7 months

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, notched up its biggest daily jump in seven months,...

Iran to release crew of two seized Greek tankers

Iran has agreed to release the crews of two Greek tankers it seized in May in the Gulf, in response to the confiscation of...

Celestyal Apppoints Inter-Connect As GSA In Germany, Austria And Switzerland

Celestyal, the award-winning first choice for cruises in the Greek islands and the Eastern Mediterranean, announces its cooperation with Inter-Connect. Effective immediately Inter-Connect will...

Diana Shipping: Completion of Sale & Leaseback Transactions

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through two separate wholly-owned subsidiaries,...

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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...