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Thenamaris sells 180,100 dwt capesize bulker

Thenamaris is reported to have sold 180,100 dwt capesize bulk carrier Sealeader II. According to TradeWinds citing market sources, the 2011 built vessel has been...

OPEC+ ‘staying together’ with goal to stabilize oil market: UAE minister

OPEC and its allies remain united in their goal of stabilizing the oil market, UAE energy minister Suhail al-Mazrouei said Oct. 2, ahead of...

Leading wheat and soybean exporters grapple with historic droughts

Top grain producing regions of Russia and Brazil experienced one of their driest Septembers on record, just as farmers in both export giants were...

Intermodal Weekly Market Report [W39]

Last week, the PBC introduced a significant set of economic measures, marking the first time a combination of rate cuts, reductions in the reserve...

Brent crude oil expected to average $81.52/bbl in 2024

Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over OPEC’s plans, with prices expected...

Iron ore soars to near 3-month high on China’s fresh property stimulus

Iron ore futures surged to a near three-month high on Monday, propelled by improving demand outlook on the back of top consumer China’s latest...

US drillers cut oil and gas rigs for second week in a row, Baker Hughes says

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, energy services...

Iron ore extends gains to near $100/t after China pledges more stimulus

Prices of iron ore futures extended gains into a third straight session on Thursday, after top consumer China’s pledge for more stimulus injected further...

Iron ore jumps to over three-week high on China stimulus, soft global supply

Prices of iron ore futures surged on Wednesday to their highest levels in more than three weeks, as a fresh batch of monetary easing...

Intermodal Weekly Market Report [W38]

India's crude oil import landscape has been undergoing notable shifts, particularly with the recent 18% decline in Russian oil imports during August 2024.

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

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...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

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...