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Intermodal Weekly Market Report [W21]

The MR Atlantic time charter average experienced a significant increase of almost 150% last week, reaching $34,841 per day on Friday...

Asia’s crude imports jump in May

Asia’s imports of crude oil are on track for a strong rebound in May as the region’s two biggest buyers, China and India, suck...

Dalian iron ore at one-week high on stimulus hope

Dalian iron ore futures extended gains on Monday to touch their highest in a week, as investor sentiment was bolstered by expectations of new...

Bunkers slide on week amid unclear signals from crude

Marine fuel markets lost some ground in the week ended May 25 amid mixed dynamics in crude markets and a lack of clarity in...

Lloyd’s Register Withdraws Class from Indian Shipowner Gatik

Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine war, that it will...

Iron ore sinks deeper as China summer lull in steel demand looms

Dalian iron ore futures slid to the lowest in nearly six months on Thursday on expectations that China’s demand for the steelmaking ingredient will...

US crude stockpiles post massive surprise drawdown – EIA

U.S. crude oil and distillate inventories fell unexpectedly last week, while gasoline stockpiles rose more than forecast, the Energy Information Administration said on Wednesday. Crude...

China Stepping Up Imports of Australian Coal

Australian coal continues to make inroads among Chinese buyers, adding to pressure on domestic prices, with new shipments climbing to their highest level since...

Intermodal Weekly Market Report [W20]

Due to sluggish demand and massive inventories, spot LNG prices in Asia plummeted to a two-year low, while prices in Europe also declined below...

Russian Oil Exports By Sea Show No Sign of Cuts – report

Russian crude oil flows to international markets still show no sign of the output cuts the country insists it is making. Four-week average seaborne shipments,...

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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...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

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...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...