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Baltic index drops to near one-month low

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a near one-month low on...

Jinhui signs contracts for three vessels

The Board of Jinhui Shipping and Transportation Limited announced that three wholly-owned subsidiaries of the Company entered into three shipbuilding contracts on 30 September...

BSM to manage world’s first ammonia bunkering vessel

In June of this year, Japanese trading company ITOCHU Corporation signed a contract for the construction of the world's first ammonia bunkering vessel. Bernhard...

Diana Shipping takes Genco stake to 15 pct

Diana Shipping has increased its stake in Genco Shipping & Trading to approximately 15%, reportedly becoming the company’s largest shareholder. A relevant SEC-filing reads: "During the...

SDHI and Samsung Heavy Industries sign strategic MoU to advance shipbuilding & maritime projects

Swan Defence and Heavy Industries Limited (SDHI), India’s largest shipbuilding and heavy fabrication company, has signed a strategic Memorandum of Understanding with Samsung Heavy...

United Maritime announces completion of strategic divestment from older vessels with the profitable sale of its oldest Capesize Vessel

United Maritime Corporation announced it has completed the divestment of its oldest Capesize vessel, M/V Goodship, finalizing the Company’s exit from vintage tonnage as...

Seanergy Maritime announces profitable sale of a Capesize vessel and expiration of Class E Warrants

Seanergy Maritime Holdings Corp. announced that it has successfully completed the strategic sale of its Capesize vessel, M/V Geniuship, further optimizing its fleet and...

Danaos Corporation adds $304 million to contracted revenue backlog and orders two additional containership vessels newbuildings

Danaos Corporation, one of the world's largest independent owners of containerships, announced hat since the date of its last earnings release, it has (i)...

Intermodal Weekly Market Report [W39]

 The crude tanker market in September saw a marked upswing, with rates rising to their highest levels in years. Rising crude imports from Asia,...

Iron ore futures fall on weak China data, but log quarterly gains

Iron ore futures prices fell on Tuesday, pressured by weak China manufacturing data, but logged solid quarterly gains as robust export-driven rallies in July...

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WISTA International elects new president and champions cross-border collaboration at conference in Kuala Lumpur

WISTA International has elected Céline Mortier as its new President. The former WISTA Belgium President and CEO of maritime provider Bogerd Martin was formally...

Contships Logistics reports Q3 & 9M 2026 results

Contships Logistics Corp. announced its unaudited financial and operating results for the three and nine months ended September 30, 2026. Highlights Fleet Composition -During the first nine...

Navios Maritime Holdings increases tender offer price to $16.00 and extends the expiration date of cash tender offer to purchase Series G and Series...

Navios Maritime Holdings Inc. announced that it is amending its previously announced tender offer to purchase any and all outstanding Series G and Series...

Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has...

Dorian LPG declares irregular cash dividend of $1.25 per share

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

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...