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Intermodal Weekly Market Report [W21]

Guinea's military government recent decision to revoke 51 mining licenses, for bauxite, gold, diamond, graphite, and iron due to noncompliance issues underscores a growing...

Iron ore extends declines on talk of steel production cuts in China

Iron ore futures fell for a third straight session on Tuesday amid renewed market talk of crude steel production cuts in top consumer China,...

Baltic Index hits near two-week low as rates decline across segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to a near two-week low on...

Seanergy Maritime reports financial results for the quarter ended March 31, 2025 and declares cash dividend of $0.05 per share

Seanergy Maritime, a leading pure-play Capesize shipping company, reported its financial results for the first quarter of 2025 and announced a quarterly cash dividend...

ADNOC Drilling secures $1.15 billion, 15-year contract for two jack-up rigs

ADNOC Drilling Company PJSC announced the award of a $1.15 billion, 15-year contract for two jack-up rigs by ADNOC Offshore in support of its...

Europe’s shipping bottlenecks expected to persist into July

Port congestion is worsening at key gateways in northern Europe and other hubs, according to a new report which suggests trade wars could spread...

Panama-flagged vessels must notify authority of ship-to-ship transfers

Panama’s Maritime Authority said on Friday it will reinforce controls for ship-to-ship operations by Panama-flagged vessels, following an increase in the use of “dark-fleet”...

MSC implements peak season surcharge on trade from North Europe to Greece

Due to strong demand on the trade from North Europe to Greece, MSC Mediterranean Shipping Company will apply a Peak Season Surcharge (PSS). As from...

CMA CGM strengthens strategic presence in Vietnam with new terminal project in partnership with Saigon Newport in Hai Phong

CMA CGM Group, a global player in sea, land, air, and logistics solutions, announces the signing of a partnership agreement with Saigon Newport Corporation...

PPA S.A.: Resumption of Operations of the Floating Dock “Piraeus II” at the Perama Ship Repair Zone

Piraeus Port Authority announces the resumption of full operational activity of the Floating Dock “Piraeus II” at the Perama Ship Repair Zone and its...

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Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

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...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

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...