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Jinhui Shipping & Transportation sells supramax

Jinhui Shipping and Transportation announced that a wholly-owned subsidiary of the Company entered into a memorandum of agreement on 4 September 2025 for the...

Scorpio Tankers Announces Time Charter-Out Agreement

Scorpio Tankers announced a time charter-out agreement and an update on daily TCE rates. Time Charter-Out Agreement The Company recently reached an agreement to time charter-out...

Iron ore hits multi-week high on hopes of improving China demand

Prices of iron ore futures rose for a third straight session on Thursday to hit multi-week highs, helped by hopes of improving China demand. Rising...

Baltic Index Edges Up On Stronger Capesize And Panamax Rates

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

World’s top ports see strongest expansion in nearly a decade

Despite geopolitical tensions and trade tariffs, the world’s leading ports recorded the strongest expansion in nearly a decade in terms of container traffic in...

IUMI publishes risk mitigation for the safe ocean and short-sea carriage of electric vehicles

In 2023, the International Union of Marine Insurance (IUMI) published a set of best practice and recommendations for the safe carriage of electric vehicles....

BOURBON wins a 5-year contract with ExxonMobil in Angola and launches its new 34m Crewboat model

BOURBON reinforces its 15-year collaboration with ExxonMobil in Angola, announcing the signing of a five-year contract for the charter of new 34-meter vessels to...

DOF Group ASA – Successful placement of USD 150 million senior unsecured bond

DOF Group ASA has successfully priced a 5-year USD 150 million senior unsecured bond. The Bonds will carry a fixed coupon of 8.125% p.a.,...

Hafnia Limited: Hafnia enters into a preliminary agreement to acquire 14.45% of TORM’s shares from Oaktree

Hafnia Limited announces that Oaktree Capital Management, L.P. and its, the controlling shareholder of TORM plc, has accepted, subject to entering into a definitive...

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:...

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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...