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FSL Trust Agrees To Sell One Chemical Tanker

The Board of FSL Trust, as trustee-manager of First Ship Lease Trust, announces that FSL-9 Pte. Ltd., a wholly owned subsidiary of the Trust,...

ZIM: Exercise of Option to Charter Additional Five 7,000 TEU LNG-Fueled Vessels

ZIM announced the exercise of its option to long-term charter additional five 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels from Seaspan Corporation,...

BW Offshore completes Barossa FPSO debt financing

BW Offshore announced the completion of the USD 1.150 billion project debt financing for the construction and operation of the FPSO for the Barossa...

Concordia Maritime exercises purchase options and sells IMOIIMAX vessels

Concordia Maritime strengthens its liquidity by selling the two IMOIIMAX vessels Stena Image and Stena Important. The buyer is a Chinese leasing company. The...

CMA CGM: Record $3.5bn profit in second quarter

CMA CGM has posted a 2,500% increase in its net profit, to $3.5bn, for the second quarter, compared with the same period of last...

Port of Hamburg: Positive trend for throughput in first half

The overall trend in seaborne cargo throughput in the Port of Hamburg in the first half of 2021 was positive. General and bulk cargo throughput...

Intermodal Weekly Market Report [W34]

As the summer season is coming to an end, the dry bulk market continues to rally...

Hurricane Ida roils global shipping markets

Global shipping markets have been roiled by major disruptions after Hurricane Ida made landfall along the US Gulf Coast on Aug. 29, as shipments...

Baltic index slips from 11-yr high, posts monthly gain on strong demand

The Baltic Exchange’s main dry bulk sea freight index eased from a more than 11-year high on Tuesday, but the index notched up its...

Capital Maritime places containership order at Hyundai Mipo

According to broker reports, Capital Maritime & Trading has placed an order at Hyundai Mipo Dockyard for three 1,800 TEU containerships at the price...

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NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Europe targets shadow fleet tankers falsely flying Cameroon Flag, sources say

Europe is taking tougher action against tankers falsely using Cameroon’s flag registry to transport...

Celestyal to go west with new Mediterranean Odyssey sailings

Celestyal has unveiled its first dedicated Western Mediterranean programme, introducing a new 14-night voyage...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...