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Seadrill Stakeholders Vote to Accept Reorganization Plan

Seadrill has announced the voting results for its plan of reorganisation. All voting classes of stakeholders accepted the Plan, including all 12 credit facilities...

Russia’s wheat exports fall 12% on year to 12.8 mil mt

Russia’s wheat exports were 12% lower on the year at 12.8 million mt as of Oct. 7 for the 2021-22 (July-June) marketing year, the...

Golden Ocean: Sale of two Panamax vessels; agreement to build four Kamsarmax vessels

Golden Ocean, one of the world’s largest listed dry bulk shipowners, announced the sale of two older Panamax vessels, Golden Opportunity and Golden Endurer,...

Asia coal prices surge to fresh records; China, India output is key

Seaborne thermal coal prices in Asia climbed to fresh record highs last week, with early signs of rising exports not enough to eclipse concerns...

Baltic index dips, capesizes hover near 13-year peak

The Baltic Exchange’s dry bulk sea freight index slipped on Monday as a decline in capesize rates offset gains in smaller vessel segments, although...

Brazil soymeal exports soar

Soymeal shipments from Brazil’s Paranagua port jumped in September driven by strong demand and a drought that has disrupted a traditional logistics route via...

Daehan wins order for up to 6 LNG-fuelled tankers from TEN

Daehan Shipbuilding has won a contract from Tsakos Energy Navigation (TEN) for the construction of four to up to six dual-fuelled LNG-powered aframax tankers....

MSC collaborates with Chinese Research Institute to promote decarbonisation

MSC Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (MoU) with the China Waterborne Transport Research Institute to jointly promote decarbonisation and...

Gibson Weekly Tanker Market Report [W40]

US crude production has averaged this summer some 600,000 bpd above the level seen in summer 2020...

VLCC Activity Scales Back Due to Holidays in the Far East

VLCC: The Far Eastern holidays meant that activity eased back this week, although there were a few reported fixtures in the Middle East and...

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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...