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Shipbuilding: China accounts for 51% of new global orders in H1

China’s new shipbuilding orders accounted for more than half of the global share in the first half of the year due to growing demand...

Euronav: Positive Outlook on Medium-Term Tanker Market

Euronav NV reported its non-audited financial results for the first semester and second quarter ended 30 June 2021. Hugo De Stoop, CEO of Euronav...

Strong vessel demand propels Baltic index to highest in over a decade

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, jumped to its highest level in over a...

Euroseas agrees 3-year charter of Diamantis P at $27,000 per day

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three and...

Seanergy Announces Share Repurchase Plan

Seanergy announced that its Board of Directors has authorized a share repurchase plan. Under the Plan, the Company may repurchase up to $17 million...

Scorpio Tankers: Purchase of Call Options by Company President

Scorpio Tankers announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 100,000 common shares (or 1,000...

U.S. calls on OPEC and its allies to pump more oil

U.S. President Joe Biden’s top aides are pressuring OPEC and its allies to boost oil output to tackle rising gasoline prices that they see...

Ship sailing under Panama flag runs aground in Japan, oil leaking

According to Reuters, a Panamanian-registered ship ran aground in a northern Japanese harbour and was leaking oil, but there were no injuries among the...

Port Hedland Iron Ore Exports Up in July

Pilbara Ports Authority has delivered a total monthly throughput of 59.0 million tonnes (Mt) for July 2021. This throughput was a two per cent decrease...

Slow U.S. Corn Shipments Could Pressure Supply Forecasts

The United States has already secured a record corn export campaign for the nearly concluded season, but the shipments are unlikely to match the...

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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...