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Baltic index rally gains steam on rising demand across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a sixth straight session on Tuesday,...

BHP: Mining giant to leave London’s FTSE 100 for Sydney

Mining giant BHP is set to leave the FTSE 100 index after unveiling plans to scrap the dual listing of its shares in London...

Flex LNG sees Q2 revenue drop; seals charter extension

Flex LNG Ltd. announced its unaudited financial results for the second quarter and six months ended June 30, 2021. Highlights: • Revenues of $65.8 million for...

Jinhui Posts 275% Rise in Second Quarter Revenues

The Board of Jinhui Shipping and Transportation Limited announced unaudited condensed consolidated results of the Company and its subsidiaries for the quarter and six...

Chinese ports choke over ‘zero tolerance’ COVID-19 policy

Several Chinese ports are facing congestion as vessels due to call at Ningbo are bing diverted and cargo processing is slowed partly due to...

Chinese Shipbuilders to see surge in orders this year

China’s shipbuilding sector will enter a high-growth period this year, driven by soaring demand of global maritime trade and many shipping groups’ moves to...

Danaos Announces New Charters for 10 Vessels; Increases Contracted Backlog to Over $2 Billion

Danaos announced that it has entered into new charter agreements for 10 of its vessels, including one 8,500 TEU vessel, three 3,400 TEU vessels...

Seaspan to Redeem Remaining Fairfax Senior Notes

Seaspan Corporation, a wholly owned subsidiary of Atlas Corp., announced its intention to redeem all of its remaining 5.50% senior notes held by certain...

Biden administration appeals federal court decision to block oil, gas leasing pause

The Biden administration on Monday challenged a federal judge’s decision in June to block the Interior Department’s pause on oil and gas leasing on...

Baltic index momentum continues, hits highest in over a decade

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, jumped to its highest in over a decade...

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2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

KCC: First quarter 2026 business update

Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day). The CABU fleet...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

EU to widen Iran sanctions to those who block Hormuz

The European Union will expand the criteria of its Iran sanctions to include those...

NYK Line, Golden Island, and Yara Clean Ammonia unveil landmark partnership to jointly drive...

NYK Bulkship (Asia) Pte. Ltd., Golden Island Pte. Ltd., and Yara Clean Ammonia Norge...

Celestyal Successfully Transits Strait of Hormuz, Leading Safe Passage for Cruise Industry

Celestyal has confirmed the successful and safe transit of both its vessels, Celestyal Discovery...

US seizes Iranian cargo ship, Tehran vows to retaliate

The United States said on Sunday that it had seized an Iranian cargo ship...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Port of Long Beach Nation’s busiest seaport through March

The Port of Long Beach moved the most cargo in North America in March and through the first quarter of 2026, Port of Long...

AD Ports Group signs deal explore investment in key Romania port

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...