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Tankers freight seen weak in Q3 as supply weighs

The global tanker markets are likely to stay weak in the third quarter due to the significant slowdown in trade flows, which will take...

Goldman sees crude oil output path uncertain as OPEC+ talks cease

Goldman Sachs said the collapse of OPEC+’s oil output talks have introduced uncertainty into the group’s production path, while maintaining its view of $80...

Procopiou named highest bidder for Hellenic Shipyards

A double tender for the sale of Hellenic Shipyards SA, Greece's biggest shipyard, in the town of Skaramangas, concluded on Wednesday with ship-owner George...

Seaspan Orders Ten 7,000 TEU Dual-Fuel LNG Containership Newbuilds

Seaspan, a wholly owned subsidiary of Atlas, announced that it has entered into long-term charters with ZIM relating to ten ultra-modern 7,000 TEU dual-fuel...

TORM: Capital increase in connection with delivery of vessel

With reference to Company Announcement no. 03 dated 01 March 2021 regarding the acquisition of eight 2007-2012 built MR product tanker vessels from Team...

Safe Bulkers Announces Agreement for the Acquisition of a Kamsarmax Newbuild Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the acquisition of a Japanese-built,...

Intermodal Weekly Market Report [W26]

The news from the edible oil markets are being dominated by Covid 19 effects ,export disruptions, and record high prices that shape the cargo...

Asian oil buyers fret over margin impact of cancelled OPEC+ meeting

Crude oil buyers in Asia are concerned that an unexpected cancellation of an OPEC+ meeting to discuss a rise in output could drive oil...

Baltic index falls for fifth day on muted demand across segments

Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Tuesday,...

Capital Maritime orders three new containerships – sources

According to brokers, Capital Maritime – led by Greek shipowner Vangelis Marinakis - has placed an order for three (+3) 1,800 TEU containerships at...

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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...

Wallenius Lines becomes sole owner of Wallenius SOL

Wallenius Lines has entered into an agreement to acquire SOL Group’s shares in Wallenius SOL, thereby becoming the sole owner of the company. The...

Princess Cruises announces voyager class order

Princess Cruises, a leading global cruise line of Carnival Corporation & plc, the world's...

Hormuz crisis at crossroads as U.S.–Iran talks set to restart

Talks to end the Iran war could resume in Pakistan over the next two...

Höegh Autoliners welcomes the Höegh Pacific to its fleet

Last week, Höegh Autoliners celebrated and welcomed yet another newbuild to the Höegh fleet. The...

US, Iran agree to two-week ceasefire with reopening of Strait of Hormuz

The United States and Iran have agreed to a two-week ceasefire, reaching a deal...

UAE says the use of Hormuz must be guaranteed in any US-Iran deal

UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee access...

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...

Piraeus Port Authority to participate in Seatrade Cruise Global Exhibition

Piraeus Port Authority (PPA) continues to strengthen its international presence in the cruise sector by participating in the Seatrade Cruise Global Exhibition, the industry’s...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...