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Iron ore spot freight rates spike 163% to lift capesize earnings

As the average length of the journey increases, partly due to port congestions in China, soaking up capacity and pushing up spot rates, shipowners...

Intermodal Weekly Market Report [W38]

Tanker Asset values have surprised to the upside, despite the downward pressure on the freight market...

Surging coal prices split Asian buyers into rich and poor

As seaborne coal in Asia trades at, or near, record highs, there are early signs of demand destruction, especially among price-sensitive buyers such as...

Brent Rises to Highest Since 2018 on Global Energy Crunch

Brent approached $80-a-barrel on signs that the crude market is rapidly tightening amid a global energy crunch. The global benchmark crude surged as much...

Goldman expects oil prices to hit US$90 by year-end as supply tightens

Goldman Sachs raised its forecast for year-end Brent crude oil prices to US$90 per barrel from US$80, as a faster fuel demand recovery from...

China steps up Australian wheat imports despite trade standoff

China is snapping up cargoes of Australian wheat despite a bitter trade standoff between the two countries, as crop downgrades elsewhere lead to a...

Gibson Weekly Tanker Market Report [W38]

The current strength in gas prices is having major ramifications for global energy markets...

Strong domestic demand sees US oil product imports growing

Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of...

U.S. Energy Exports Show First Surplus Since at Least the 1970s

Trade deficits have been a stubborn feature of the U.S. economy for decades now, but energy has started to buck that trend, helped by...

Dalian iron ore bounces off 10-month low, reverses early losses

Iron ore futures in Asia rebounded on Wednesday, with the Dalian benchmark contract bouncing from a 10-month low, but doubts lingered whether gains could...

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Wilh. Wilhelmsen Holding ASA: Initiating offer to buy back own shares

With reference to the authorization given by the Annual General Meeting of Wilh.Wilhelmsen Holding ASA on 30 April 2026 for the Board of Directors...

Dynagas LNG Partners LP declares $0.05 dividend

Dynagas LNG Partners LP has approved a new quarterly cash distribution of $0.050 per common unit for the quarter ended March 31, 2026. The distribution...

HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...