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OPEC+ likely to proceed with planned output hike from October, sources say

OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate...

US crude, fuel stockpiles seen down last week

U.S. crude oil and product inventories were expected to have fallen last week, a preliminary Reuters poll showed on Monday. Four analysts polled by Reuters...

Intermodal Weekly Market Report [W34]

Following Russia’s invasion in Ukraine in February 2022, there has been an observable increase in premiums associated with imposed sanctions and war insurance…

Shanghai copper touches 3-week high

Copper prices in Shanghai climbed to their highest in more than three weeks on Monday, supported by a rebound in demand in China and...

Ukraine grain exports rise to 6.4 mln T so far in 2024/25, ministry says

Ukraine’s grain exports in the 2024/25 July-June season had reached almost 6.4 million metric tons as of Aug. 23, up from 3.8 million tons...

Iron ore extends gains on fresh Chinese property support

Iron ore futures extended gains on Thursday, underpinned by fresh support to top consumer China’s property sector, along with rising margins among steelmakers. The most-traded...

BHP’s quick strike fix sets tone for labor talks amid copper rally

Mining giant BHP’s quick fix to a recent six-day strikeat its huge Escondida copper mine in Chile could set the tone for upcoming negotiations...

Dalian iron ore extends gains on strengthening steel prices

Dalian iron ore climbed on Tuesday, supported by a persistent rise in steel prices in top consumer China, although lingering doubts around demand prospects...

Intermodal Weekly Market Report [W33]

The reopening of Pipavav Shipyard by Reliance Industries, owned by the Ambani family, marks a pivotal moment in India's quest to become a major...

Iron ore slides as soft China demand heightens supply pressure

Prices of iron ore futures slid on Monday, dragged down by heightened supply pressure while steel demand in top consumer China has been weakened...

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2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

PIL announces planned leadership succession: Wan Chee Foong appointed Deputy CEO, to succeed Lars...

The Board of Directors of Pacific International Lines (PIL) announced the appointment of Mr...

ABS and lomarlabs team up to accelerate early-stage, innovative solutions for global shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative...

Celestyal launches 190 new winter Mediterranean shore excursions

Celestyal has unveiled its shore excursion programme for its new winter Eastern and Western...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...