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Baltic sea freight index posts weekly gain

The Baltic Exchange’s dry bulk sea freight index rose for a third straight session on Thursday and was set for a weekly gain, thanks...

U.S. oil drilling, output moving higher with energy prices

U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity,...

China’s widening COVID curbs threaten global supply chain paralysis

China’s race to stop the spread of COVID-19 is clogging highways and ports, stranding workers and shutting countless factories – disruptions that are rippling...

Drewry: World Container Index Down 1.2%

Drewry’s composite World Container Index decreased by 1.2% to $7,945.31 per 40ft container this week. Our detailed assessment for Thursday, 14 April 2022 The composite...

Posidonia 2022 Offers Fertile Ground For Tech Startups

A significant number of marine industry-focused tech startups from around the world will showcase their solutions and platforms during Posidonia Exhibition 2022 to be...

Reach Subsea orders unmanned offshore vessels

Reach, a provider of subsea services globally, has signed a landmark contract with Kongsberg Maritime AS, part of the Kongsberg Group, for the construction...

Diana: Time Charter Contract for m/v Philadelphia With C Transport

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

Russia Faces Drop in Cargo Traffic, Container Shortage as Shipping Lines Pull Out

Russia is bracing for a sharp decline in cargo flows and a deficit of containers after major international container shipping lines halted operations in...

UK Detains Second P&O Ferry on Disrupted Dover-Calais Route

A second P&O ferry that sails between the English town of Dover and the French city of Calais has been detained by British officials...

Baltic index hits 1-week high on gains in all vessel segments

The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Wednesday, steered by gains across vessel segments. The overall index,...

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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...