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Port of Long Beach Has Busiest January on Record

The Port of Long Beach kicked off the new year with its busiest January on record, boosted by efforts to successfully move aging cargo...

ZIM: New Chartering Agreement with Navios for 13 Vessels

ZIM announced a new charter agreement with Navios Maritime Partners L.P., according to which ZIM will charter a total of thirteen container vessels comprising...

Melina Travlos is first female head of Union of Greek Shipowners

The Union of Greek Shipowners (UGS) has elected its first female president in its 106-year history. Melina Travlos, chairwoman of Neptune Lines Shipping & Managing...

Supramax demand strong on Indonesia-India coal route

Demand remains strong for Supramaxes to ship coal on Indonesia-India routes — despite a 40% spike in freight rates — due to logistical and...

Concordia Maritime comes out of the year in deficit

Concordia Maritime finished 2021 with an operating loss (EBITDA) of SEK 82.6m (USD 8.9m) and a pre-tax deficit of SEK 658.2m. The company announced its...

Baltic index scales 1-month peak as rates across vessel segments rise

The Baltic Exchange’s dry bulk sea freight index rose to a near one-month high on Thursday, helped by a jump in rates across vessel...

Keppel O&M wins new contracts, including FSRU deal with GAS-fifteen

Keppel Offshore & Marine has won new contracts worth an estimated $186 million. Specifically, Keppel Shipyard has been awarded contracts worth approximately S$250 million for...

Rising LNG Bunker Costs Not Deterring Carrier Newbuilds

Investment in new LNG-fuelled ships has continued at pace, with class society DNV last month recording a further 40 gas-powered vessels on its AFI...

Japan to Divert LNG to Europe Amid Russia-Ukraine Tensions

Japan will divert some liquefied natural gas (LNG) cargoes to Europe after requests from the United States and the European Union, the industry minister...

NAT: Two 6-year Time Charters concluded for Suezmax Newbuildings

Nordic American Tankers has concluded two six-year Time Charters for two Suezmax newbuildings for delivery in May and June this year. The contracts have been...

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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...