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Antwerp is new European pinch point as 2M shifts service calls

Antwerp is the latest North European box port to suffer from the knock-on effect of terminal and quay congestion, with vessel berthing waiting times...

IMB – Piracy, armed robbery incidents at lowest level in 27 years

IMB’s latest global piracy report details 68 incidents of piracy and armed robbery against ships – the lowest total since 1994 – down from...

Hapag-Lloyd acquires container shipping company Nile Dutch

Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). After signing a sales and purchase agreement in...

Nakilat posts increased profits in 1H2021

Nakilat announced its financial results for the first half of the year ended 30 June 2021, with the company achieving a net profit of...

Baltic index flat, capesizes hit near 2-week high

The Baltic Exchange’s main sea freight index was steady on Monday as lower rates for the panamax vessel segment offset gains in the capesize...

South Korea: Shipbuilders see new orders hit 13-year high

South Korean shipbuilders secured 10.88 million compensated gross tons (CGTs) in new orders in the first half of 2021, the highest volume in 13...

OOIL: Major revenue and TEU traffic increase

Orient Overseas International Line (OOIL) saw its revenues and volumes increase by 119% and 15.4% respectively in Q2 2021. In latest financial results, the company...

Suez Canal annual revenue hits record $5.84 billion

Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year,...

Port of Antwerp posts growth in first half of 2021

During the first six months of 2021, 120 million tonnes were transhipped through the Port of Antwerp, an increase of 5% compared with the...

‘Unfavorable factors’ clouding Hyundai Heavy – report

Hyundai Heavy Industries Group’s sub-holding company Korea Shipbuilding & Offshore Engineering (KSOE) has already fulfilled over 90 percent of its sales goal this year,...

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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...