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China’s iron ore imports hit 13-month low, more weakness seen

China’s iron ore imports fell to their lowest in 13 months in June as shipments declined, and analysts expect demand could continue to ease...

Baltic index dips on lower rates across vessel segments

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Tuesday pressured by declines across all...

Shell signs 5-year contract to supply PetroChina with carbon neutral LNG

Oil major Shell has signed a five-year contract with PetroChina to supply the Chinese company with carbon-neutral liquefied natural gas (LNG) cargos, Shell said...

Standard Chartered extends USD 584 million loan to HMM

HMM has secured a US$584 million facility from Standard Chartered to finance the acquisition of eight 16,000 TEU (20-foot equivalent unit) containerships. The loan...

Antwerp is new European pinch point as 2M shifts service calls

Antwerp is the latest North European box port to suffer from the knock-on effect of terminal and quay congestion, with vessel berthing waiting times...

IMB – Piracy, armed robbery incidents at lowest level in 27 years

IMB’s latest global piracy report details 68 incidents of piracy and armed robbery against ships – the lowest total since 1994 – down from...

Hapag-Lloyd acquires container shipping company Nile Dutch

Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). After signing a sales and purchase agreement in...

Nakilat posts increased profits in 1H2021

Nakilat announced its financial results for the first half of the year ended 30 June 2021, with the company achieving a net profit of...

Baltic index flat, capesizes hit near 2-week high

The Baltic Exchange’s main sea freight index was steady on Monday as lower rates for the panamax vessel segment offset gains in the capesize...

South Korea: Shipbuilders see new orders hit 13-year high

South Korean shipbuilders secured 10.88 million compensated gross tons (CGTs) in new orders in the first half of 2021, the highest volume in 13...

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Venture Global posts third-quarter profit

Venture Global has reported financial results for the quarter ended September 30, 2025.  As a reminder, Venture Global will host a conference call for investors...

Global Ship Lease reports third quarter net income of $92.6 million

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and nine-month periods ended September 30, 2025. Third Quarter of...

Maersk slides as investors brace for ‘Bleak’ quarters ahead

A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit guidance. Maersk’s underlying earnings before interest, tax,...

International Seaways reports third quarter 2025 results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the...

TORM plc Q3 2025 results, dividend distribution, and financial outlook 2025

“TORM delivered its strongest quarterly result so far in 2025, demonstrating the strength of our integrated operating model and the people behind it,” says...

Buksér og Berging and Svitzer join forces

Global towage and marine solutions provider, Svitzer Group A/S (Svitzer), has acquired a 66.6%...

Baltic Index slips as capesize rates decline

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Kit Kernon passes away prematurely – Global shipping is poorer

Kit Kernon, one of the most influential people in global shipping, has passed away....

Baltic Index extends gains to hit over two-week high on strong vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Suez Canal Authority denies role in detention of sanctioned Russian tanker

In response to circulating news reports regarding the Suez Canal Authority's detention of the...

Piraeus Port Authority participates in 8th CIIE in Shanghai

The Piraeus Port Authority (PPA), whose CEO is Su Xudong, participated in the 8th China International Import Expo (CIIE), the largest international event dedicated...

AD Ports Group signs agreement with CMA CGM Group to acquire minority stake in Latakia International Container Terminal in Syria

AD Ports Group, a leading global enabler of trade, logistics, and industry, signed a Joint Venture and Shareholders agreement with France-based CMA CGM Group,...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....

Piraeus Port sees revenue increase in 1H2025

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...