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Containerships under strong pressure

The containership market is going through a phase of intense pressure, with net profits falling by 56% in the second quarter of 2025 and...

Shell and Hapag-Lloyd sign multi-year liquefied biomethane deal

Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect. The agreement builds...

HMM signs 430 billion won long-term transport contract with Brazil’s Vale

HMM is accelerating the diversification of its business structure, which has been centered on container ships, by signing a long-term transport contract with Vale,...

CMA CGM decides against surcharge for US fees

As announced earlier this year by the U.S. Trade Representative (USTR), effective October 14, 2025, the U.S. will begin assessing new service fees for...

Unified Command responds to fallen containers at the Port of Long Beach

A Unified Command has been established to respond to an incident Tuesday morning that caused an estimated 67 shipping containers to fall off the...

DP World in Canada and the MPA sign joint development agreement

As part of the Port of Montreal expansion project in Contrecœur, the Montreal Port Authority (MPA) and DP World in Canada (a joint venture...

Navios agrees new charters & 4 containership newbuildings deal

Navios Maritime Partners has revealed 5-year charters and an agreement for 4 newbuilding container ships worth USD 460 million. A relevant SEC filing reads: In July...

Contships: Successful senior unsecured bond tap issue

Contships Logistics Corp. has successfully completed a USD 75 million tap issue of its outstanding senior unsecured sustainability-linked bond due 11 February 2030 (ISIN:...

Samudera Shipping acquires container vessel for $64.9m

The vessel has a total capacity of 2,684 twenty-foot equivalent units. Samudera Shipping Line Limited has entered into a memorandum of agreement to acquire a...

Crowley’s fourth Avance class vessel, Torogoz, begins maiden commercial voyage

Crowley’s latest Avance Class ship, Torogoz, began its inaugural commercial service on Tuesday, departing from Port Everglades, Florida, to serve Central America. The vessel’s...

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Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

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...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...