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MSC temporarily halts bookings to and from Russia

MSC Mediterranean Shipping Company is introducing as of 1 March, with immediate effect, a temporary stoppage on all cargo bookings to/from Russia, covering all...

Port of Hamburg: Seaborne cargo throughput recovers in 2021

After the previous year’s downturn caused by the corona pandemic, in 2021 the seaborne cargo throughput trend in the Port of Hamburg was more...

Baltic index moves higher as rates tick up for all vessels

The Baltic Exchange’s dry bulk sea freight index rose on Tuesday, snapping three sessions of declines, thanks to a pick up in rates across...

Belships secures period deal for bulker

Belships has entered into agreement for a period time charter contract for a period of about 22-26 months at a gross rate of USD...

Diana Shipping Announces Direct Continuation of Time Charter Contract for m/v Medusa With Cargill

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

Hafnia announces signing of USD 414 mln sale & leaseback financing

Hafnia announced that it has signed a USD 414 million Sale and Leaseback Facility on 28 February 2022 with ICBC Financial Leasing Co., Ltd....

Oil Tanker Rates Soar for Key Routes on Russian Invasion

The escalating crisis over Ukraine has catapulted the cost of shipping oil by sea. Freight rates for hauling crude from Russia are surging as...

Russian oil buyers struggle with payments and vessels -traders

Buyers of Russian oil have faced massive difficulties over payments and availability of vessels after imposition of Western sanctions against Moscow over Ukraine, traders...

Demand and new sales of Russian wheat fade on supply concerns

Export demand for the Russian wheat and new sales faded at the end of last week due to supply risks in the Black Sea,...

Maersk considers suspending all shipments to Russia

In light of the current conflict between Russia and Ukraine, we at A.P. Moller – Maersk are closely monitoring and preparing to comply with...

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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...