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OOCL orders ten 16,000 TEU boxships

Orient Overseas Container Line Limited (OOCL) has ordered ten environmentally friendly 16,000 TEU containerships in China. Five boxships will be built at Dalian COSCO...

EU Report Shows Scale Of Shipping’s Harm On Environment

Europe’s first environmental impact assessment for the shipping industry shows the challenge it faces in reaching the goal of climate neutrality by the middle...

Israel Opens New Chinese-Operated Port

Israel has opened a new shipping port along its Mediterranean coast that will bring much-needed competition to a sector plagued by delays and boost...

Baltic index drops to 2-week low as smaller vessels fall

The Baltic Exchange’s main dry bulk sea freight index fell to a two-week low on Thursday, as a retreat in panamaxes and supramaxes offset...

Navios Maritime Holdings Sees 48% Revenue Growth In Q2

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the second quarter and six months ended June 30,...

HMM, labor unions reach last-minute wage deal

The worst of an ongoing union struggle is over as HMM, the country’s leading maritime shipping company, came to a last minute agreement with...

Seaspan Announces Order Option for 5 Containership Newbuilds

Seaspan, a wholly owned subsidiary of Atlas, announced that ZIM has exercised its option to enter into long-term charters of five ultra-modern 7,000 TEU...

Greek shipowners criticize emissions trading scheme

The Union of Greek Shipowners has come out against EU proposals setting new environmental standards for the shipping industry, especially its emissions trading scheme,...

China: Shipbuilders harvest more orders in H1

The unprecedented boom in global demand for ships in the first half may bode well for Chinese shipyards thirsty for new shipbuilding orders, but...

Hapag-Lloyd orders another 75,000 TEU standard containers

To further ease the scarcity of empty containers, Hapag-Lloyd has ordered another 75,000 TEU dry boxes. The containers will be manufactured in China 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...

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...