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Baltic index extends fall as rates slide across vessels

The Baltic Exchange’s dry bulk sea freight index fell for the ninth straight session on Tuesday, hovering near an eight-month low, tracking a retreat...

Venture Global, CNOOC Announce LNG Sales & Purchase Agreements

Venture Global LNG and CNOOC Gas & Power Group Co., Ltd., a wholly owned subsidiary of China National Offshore Oil Corporation (CNOOC), announced the...

Bollore gets $6.4 bln offer from MSC for African logistics assets

The Bolloré Group announced that it has received an offer from the MSC Group, a major player in container transport and logistics, to acquire...

Castor Maritime Announces Vessel Acquisition, New Charter Agreement

Castor Maritime, a diversified global shipping company, announced that it entered, through a separate wholly-owned subsidiary, into an agreement to acquire a 2012 Japanese-built...

Nakilat publishes inaugural ESG Report

Nakilat announced the publication of its inaugural Environmental, Social, and Governance (ESG) Report 2020. The report presents a snapshot of the company’s ESG progress covering...

Maersk Makes Winter Weather Plans for Stormy North Atlantic

A record-breaking Atlantic hurricane season has severely disrupted transatlantic liner services, adding to capacity shortage issues on the route. Moreover, an acceleration in modal...

Royal Caribbean Says 48 ‘Symphony of the Seas’ Passengers Test Positive for COVID-19

Royal Caribbean Group said on Monday 48 people on its Symphony of the Seas cruise ship tested positive for COVID-19, fueling concerns that the...

bp and Maersk Tankers Carry Out Successful Marine Biofuel Trials

B30 biofuel tested as ‘drop-in-fuel’ on two tankers, validating its potential to help cut carbon emissions in shipping. bp and Maersk Tankers, with support...

Cosco Shipping Development Raises CNY1.46 Bln in Private Placement

Cosco Shipping Development Co. said it has raised 1.46 billion yuan ($229.0 million) in a private placement. The Chinese shipping company issued 530.4 million...

Shipbuilders accelerate drive to make eco-friendly vessels

A growing number of shipbuilders are turning to eco-friendly vessels as the shipping industry will face strengthened requirements on carbon emissions in the coming...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

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...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«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...

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...