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Baltic index extends rally, hits 12-year high on gains across vessels

The Baltic Exchange’s main dry bulk sea freight index rose to a 12-year high on Monday, as rates across vessel segments jumped on robust...

Saudi retains top spot in oil supplies to China

Saudi Arabia, the world’s biggest oil exporter, kept its ranking as China’s top crude supplier for a ninth straight month in August as major...

Iron ore makes unruly retreat to more normal price levels

Just as iron ore’s surge to a record high in May was an overblown rally, its plunge last week was a disorderly retreat, with...

Cyprus President gives shipping sector full backing

Cyprus President Nicos Anastasiades praised the resilience of the shipping sector during a dinner hosted by the Cyprus Union Of Shipowners in Athens. Anastasiades underlined...

Green Energy Group: Second extension of Petrel Explorer renewables contract

Green Energy Group announced that the offshore windfarm support contract for Petrel Explorer has been extended by one more month, bringing the total contract...

Third Tanker Carrying Iranian Fuel Underway To Lebanon

A third tanker has sailed from Iran carrying Iranian fuel for distribution in Lebanon, TankerTrackers.com reported on Twitter on Sunday. Lebanese Prime Minister Najib...

Woes mount for U.S. soy shippers as China gives Brazil unusual nod

Brazil’s soybean exports should be winding down at this time as the U.S. harvest takes center stage, though China’s cancellation of U.S. cargoes on...

Grindrod: Closing of IVS Bulk Financing & IVS Phoenix Acquisition

Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services predominantly in the drybulk sector, announced the following transactions: On September 15th, 2021, in...

Gibson Weekly Tanker Market Report [W37]

The news that the Nigerian National Petroleum Company (NNPC) intends to take a 20% stake in the $18 billion under-construction Dangote Refinery caused us...

Brittany Ferries and CMA CGM form a partnership in passenger and freight transport

On the occasion of the Assises de l’économie de la mer event, the largest annual meeting of participants in France’s sea economy, Brittany Ferries,...

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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...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

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...

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...