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Panama Canal Authority extends east lane maintenance

The Panama Canal Authority has extended for the second time ongoing maintenance on the waterway’s east lane at the Gatun Locks through July 17,...

Baltic index hits a month’s low on weaker demand

The Baltic Exchange’s main sea freight index fell to its lowest level in a month on Thursday as lower demand weighed, with the panamax...

Seaspan Completes Upsized $750 Million Offering Of Blue Transition Bonds

Seaspan, a wholly-owned subsidiary of Atlas, announced that it has successfully closed its previously announced issuance of $750 million in senior unsecured notes, upsized...

Subsea 7 awarded contract in the Middle East

Subsea 7 announced the award of a sizeable contract in the Middle East. The scope of work includes engineering, procurement, construction, and installation of various...

More Panama Canal Transits Highlight Rebounding Global Trade

The Panama Canal Authority says vessel transits are rebounding as global trade picks up after the Covid-19 pandemic. Container ships have led the recovery while...

Danaos: Acquisition of Six 5,466 TEU Eco-design Wide Beam Container Vessels

Danaos announced that it has entered into an agreement to acquire six 5,466 TEU container vessels built at Hanjin Subic Bay shipyard en bloc...

China’s June coal imports soar to highest so far in 2021

China’s coal imports in June rose 35% from a month earlier to their highest level in 2021, driven by robust demand from power generation...

EU proposes adding shipping to its carbon trading market

The European Commission on Wednesday proposed adding shipping to the bloc’s carbon market for the first time, adding pressure on an industry, which had...

Baltic index posts worst day in seven weeks as rates decline

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its biggest one-day loss in nearly seven...

Wärtsilä launches major test programme towards carbon-free solutions with hydrogen and ammonia

Wärtsilä continues to lead the ongoing transformation of the energy and marine sectors towards carbon-free solutions through its future fuel development work. The company...

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Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

Net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset by...

Odfjell SE 1Q26: Solid operational performance amid market uncertainty

Odfjell SE reported its results for the first quarter of 2026. The quarter saw further escalation of geopolitical volatility and uncertainty across global markets....

Excelerate Energy reports first quarter 2026 results

Excelerate Energy, reported its financial results for the first quarter ended March 31, 2026. RECENT HIGHLIGHTS Reported Net Income of $50.0 million for the first quarter Reported...

Genco Shipping & Trading Limited announces Q1 2026 financial results

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...