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ABS Chairman and CEO urges IMO to pause and rethink the net zero framework

“Shipping and the IMO are on different trajectories. There is no clear pathway for green fuel availability and scalability and infrastructure support. LNG and...

Hanwha Ocean wins 1.9 tln-won order for 7 LNG ships from Taiwan’s YangMing

Hanwha Ocean Co. said Wednesday it has clinched a 1.93 trillion-won (US$1.47 billion) order from Taiwan's YangMing Marine Transport Corp. to build seven liquefied...

Intermodal Weekly Market Report [W37]

As repeatedly proven by historical precedents across both past and modern eras, the flow of energy resources is governed not solely by economic forces...

Iron ore rebounds amid recovery in Chinese steel production

Iron ore futures prices rebounded on Tuesday, supported by improving steel output in China, while gains in steel benchmarks reflected improving sentiment despite weak...

Baltic Index hits near 2-month high on capesize gains

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, held steady near a two-month high, as...

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...

Port of Long Beach has second-busiest August on record

Peak shipping season boosted the Port of Long Beach to its second-busiest August on record and the sixth-busiest month in its 114-year history as...

World Shipping Council launches industry-first Cargo Safety Program to prevent ship fires

The World Shipping Council (WSC) announced the launch of its Cargo Safety Program, an industry-led initiative to detect misdeclared and undeclared dangerous goods in...

EuroDry Ltd. announces agreement to sell M/V Eirini P, a 2004-built Panamax Bulk Carrier

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has signed an agreement...

Petrobras chooses Vallourec to support $1bn offshore OCTG

Vallourec, a world leader in premium seamless tubular solutions, has been awarded a major contract by Petrobras as a result of a competitive bidding...

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C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

Maersk appoints Bruno Plantaz as new Global Head of Solutions

A.P. Moller - Maersk has appointed Bruno Plantaz as new Global Head of...

Carnival Corporation among America’s Best Employers for Women 2026

Carnival Corporation, the world’s largest cruise company, announced it was named to the 9th...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...