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Cost of Shipping Cars By Sea at a 13-Year High

The cost of moving cars across the ocean is surging. Vessels that carry autos and industrial machinery fetched their highest rates since 2008 in August,...

Carnival To Provide Cruise Ship To Support New Orleans Recovery From Ida

Carnival Cruise Line announced that it has an agreement with the city of New Orleans and the Federal Emergency Management Agency (FEMA) to provide...

China Aug iron ore imports rise for first time in 5 months

China’s iron ore imports in August rose for the first time in five months, increasing 10.1% over July, although demand remained lacklustre amid Beijing’s...

SFL announces acuisition of modern Suezmax tankers, long term charters

SFL Corporation Ltd. announced that it has agreed to acquire three Suezmax tankers in combination with long term time charters to a world-leading commodity...

Intermodal Weekly Market Report [W35]

Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness.

Baltic Index Drops To 3-Week Low

The Baltic Exchange’s main dry bulk sea freight index dropped on Tuesday to its lowest since mid-August, as demand eased across all vessel segments....

TEN orders up to six aframax newbuildings at Daehan

Tsakos Energy Navigation (TEN) has reportedly placed an order at Daehan Shipbuilding for up to six aframax tanker vessels, worth an estimated USD 450...

Seaway 7 charters Maersk Supply Service cable layer

Maersk Supply Service has secured a contract for its cable-laying vessel Maersk Connector with Seaway 7 in the North Sea. Seaway 7, the renewables business...

MSC To Increase Its Peak Season Surcharge Between Europe And US

MSC is to increase its peak season surcharge (PSS) between Europe and the US by $1,000 per 40ft on 1 October. The Geneva-headquartered carrier said...

Wärtsilä to supply complete cargo handling system for new LNG bunkering vessel

Wärtsilä has been awarded a contract to supply a complete cargo handling system for a new LNG bunkering vessel. The ship is being built...

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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...