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China’s April coal output leaps 11% on year, but demand downturn looms

China’s daily coal output in April jumped 11 per cent from the same month a year earlier, boosted by Beijing’s order to increase supply...

Baltic index dips for second consecutive session on lower vessel rates

The Baltic Exchange’s main sea freight index fell for the second consecutive session on Monday due to weaker rates for all vessel segments. The...

China’s economic data disappoint in April as Covid controls weigh

China reported a drop in retail sales and industrial production in April — far worse than analysts had expected. Retail sales fell by 11.1%...

Thyssenkrupp eyes German shipyard industry consolidation

Germany’s second-largest defence group Thyssenkrupp Marine Systems wants to play a leading role in consolidating the German and European shipyard industry, its new Chief...

Okeanis profitable in first quarter of the year

Okeanis Eco Tankers Corp. reported unaudited interim condensed results for the three-month period ended March 31, 2022. Q1 2022 Highlights: Time charter equivalent (“TCE”, a...

India bans wheat exports, adding to global supply crunch

India placed a ban on exports as of May 13, blocking a huge supply from the markets at a time when global supply was...

China: Premium spot market rates depressed

Premium spot bookings out of Chinese baseports remained under pressure during the week to May 13 amid tenuous demand for Chinese export cargoes. As...

Russia talks of record wheat crop while world mulls output fall

Russia could be on course for a record wheat crop this year, strengthening the role of the world’s biggest wheat exporter at a time...

Gibson Weekly Tanker Market Report [W19]

Spot VLCC earnings were in the negative territory for most of last year, with TD3C averaging minus $250/day on a slow steaming, non-scrubber, non-eco...

Petrobras: Divestment in Sergipe-Alagoas Basin

Petrobras, following up on the release disclosed on 07/20/2018, informs that it has decided to conclude the current competitive process, which was in the...

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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.

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

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...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

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...