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German Port Congestion, Supply Bottlenecks Weigh on Global Trade

Supply-chain snarls are persisting, with more than 2% of all global shipping capacity at a standstill outside Germany’s North Sea ports. Congestion continued to climb...

Dalian iron ore rebounds on China stimulus hopes

Dalian iron ore futures extended gains to a second session on Tuesday, after top steel producer China signalled an urgent need for additional economic...

Russia will respond to oil price caps by shipping more to Asia – energy minister

Russia will respond to price caps on Russian oil by shipping more supply to Asia, its energy minister Nikolai Shulginov told reporters at the...

Baltic sea freight index falls on lower capesize rates

The Baltic Exchange’s main sea freight index snapped a three-session long streak of gains on Tuesday, due to a fall in capesize and supramax...

Samsung Heavy wins LNG ship order in Bermuda, Africa

Samsung Heavy Industries Co., the world's third-biggest shipbuilder by order backlog, said Tuesday it has received a 1.16 trillion-won (US$850 million) liquefied natural gas...

Havila Shipping sells construction vessel

Havila Sihipping has, according to instructions from the lenders financing Havila Phoenix, entered into an agreement to sell the ship based on principles laid...

Coalition launched to reduce maritime methane emissions

A coalition of shipping leaders is launching today to identify, accelerate and advocate technology solutions for the maritime industry to measure and manage methane...

Exmar LPG orders two dual-fuel LPG carriers

Exmar LPG has placed a firm order for two midsize carriers with Hyundai Mipo Dockyard (HMD) at an undisclosed price.  The 46,000 m³ dual...

Iron ore climbs 4% after selloffs spurred by China COVID woes

Iron ore futures rebounded on Monday after last week’s selloffs, as traders bet the bottom has been reached despite lingering concerns about intensified COVID-19...

OPEC+ agrees small oil production cut

OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of...

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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...