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Vitol to load first diluent cargo under Venezuela supply deal

Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. to Venezuela this weekend under a new supply agreement...

Mercuria redoubles metals push with $1.2 billion Kazakh deal

Mercuria Energy Group Ltd. is lending $1.2 billion to help fund the buyout of major Kazakh copper producer Kazakhmys, the latest in a breakneck...

Iron ore rallies to multi-month high as China pledges to ease monetary policy

Iron ore futures rallied on Wednesday to their highest in multiple months, boosted by hopes of improving demand in top consumer China following Beijing’s...

Iron ore rallies as China pledges more proactive fiscal policies in 2026

Iron ore futures prices rallied on Monday as top consumer China’s pledge of more proactive fiscal policies in 2026 boosted sentiment and demand hopes...

Iron ore ends the week lower due to lower demand, stockpile build-up

Iron ore futures edged up on Friday as China announced that it would continue with its export licensing plans, but ultimately ended the week...

Intermodal Weekly Market Report [W51]

While the war in Ukraine remains unresolved, any meaningful deescalation arising from ongoing peace discussions would extend well beyond energy markets and materially reshape...

Iron ore slips as mill maintenance, rising China port stocks weigh

Iron ore futures prices closed lower on Tuesday, weighed by steel mills undergoing annual furnace maintenance and rising Chinese port inventories. The most-traded May iron...

Dalian iron ore extends gains on tight BHP supply, firmer hot metal production

Dalian iron ore futures extended gains to a fifth session on Monday on tight supply of BHP’s Jimblebar and Jingbao fines, while firmer blast...

Iron ore extends gains on improving steel margins, restocking hopes

Iron ore futures extended gains on Thursday, aided by improved steel margins and the expectation of feedstock replenishment among steel mills in top consumer...

BP p.l.c. announces leadership transition

BP p.l.c. announces that the bp Board has appointed Meg O’Neill as bp’s next chief executive officer, effective 1 April 2026. Murray Auchincloss has...

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Icon Energy Corp. announces reverse stock split

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today...

TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...

Carnival Corporation & plc achieves record full year adjusted net income and investment grade leverage metrics, reinstates dividend

Carnival Corporation & plc announced financial results for the fourth quarter and full year 2025 and provided an outlook for the first quarter and...

IMPERIAL PETROLEUM reports third quarter and nine months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and...

KCC Capital Markets Day – Fleet expansion and optimization supporting continued profitable growth and value creation

Klaveness Combination Carriers ASA hosts its Capital Markets Day at the company’s headquarters in Oslo. At the event, KCC presents its strategy for 2026–2030;...

MOL PLUS to invest in Pyxis

MOL PLUS CO., Ltd., announced its decision to invest in Pyxis Maritime Pte. Ltd.,...

Maersk makes another voyage through Red Sea in test of safety

A.P. Moller-Maersk A/S has safely sailed another ship through the southern part of the...

Josh Weinstein, President & CEO of Carnival Corporation & plc, named Chair of the...

Cruise Lines International Association (CLIA), the leading authority of the global cruise community, announced...

EPS announces management changes following successful completion of merger with CoolCo

Cool Company Ltd. (CoolCo) and Eastern Pacific Shipping (EPS) have successfully completed the previously...

CMB.TECH sells eight vessels

CMB.TECH NV has sold eight vessels, generating a capital gain of approximately 269.2 million...

Nova Marine Carries lands a new port in Amsterdam with Bolten and Ership

Nova Marine Carriers, together with German shipping company Aug. Bolten and Spanish group Ership, has completed the acquisition of 100% of VCK Port Logistics...

Hanseatic Global Terminals and GEN reach an agreement in ownership of FIT

Hanseatic Global Terminals and Grupo Empresas Navieras (GEN), via its affiliate Agunsa Universales S.A., have reached an agreement regarding the capital structure of Florida...

Port of Patras: Patradise Marina, cruises and new development projects in focus

A working meeting with the Minister of Maritime Affairs and Insular Policy, Vassilis Kikilias, was held on Tuesday by the President and CEO of...

Port of Los Angeles on track for third best cargo year on record

The Port of Los Angeles processed 782,249 Twenty-Foot Equivalent Units (TEUs) in November, a decrease of 12% compared to last year’s elevated cargo levels....

China ups demand to controlling stake in Panama ports deal, WSJ reports

China has upped its demands and is now pushing for state-owned ship operator Cosco to get a controlling stake in a $22.8 billion ports...