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Panama Canal “NetZero” vessel slot to open this November

The Panama Canal Authority will hold its first “competition” on October 3 to allocate the NetZero Slot, a brand new category in the Canal’s...

Bunker Holding appoints new CEO

After 27 years with Bunker Holding, Keld R. Demant is handing over the baton as CEO to Peder Møller, who will take up the...

Sempra announces strategic transactions advancing goal of building leading U.S. utility growth business

Sempra announced several strategic actions that advance Sempra's corporate strategy. The company is executing on five value creation initiatives designed to simplify Sempra's business...

Singapore’s Seatrium selling Texas shipyard to Turkey’s Karpowership for $51 million

Singapore-based Seatrium Limited (SEAT.SI), opens new tab said on Tuesday it has a deal to sell its "surplus" AmFELS Yard shipbuilding facility in Texas...

Himalaya Shipping – Conversion to fixed rate time charter for one vessel

Himalaya Shipping has agreed to convert the index-linked time charter for the Mount Bandeira to a fixed rate time charter at a rate of approximately US$38,000 per day,...

Diana Shipping Inc. announces Time Charter Contract for m/v Leonidas P. C. with NYK

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate...

Intermodal Weekly Market Report [W38]

China’s aluminium powerhouse is approaching a hard ceiling. Af-ter two decades of relentless expansion that lifted the country’s share of global output to around...

Iron ore slips on weak Chinese steel demand despite holiday restocking

Iron ore futures prices closed lower on Tuesday, pressured by signs of softening end-use steel demand in China, although restocking ahead of the Chinese...

Baltic index edges up on higher rates for capesize vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Tuesday, supported by higher capesize...

Concerns over the “roadmap” for decarbonizing shipping

Serious concerns about the “roadmap” for decarbonizing shipping – Net-Zero Framework (NZF) – which is expected to be put forward for adoption in mid-October...

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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...