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Baltic Index hits near one-month low as capesize demand slips

The Baltic Exchange’s main sea freight index fell for a fifth-straight session on Tuesday, to hit a near one-month low, as demand for capesize...

Celestyal announces successful refinancing as it accelerates growth strategy

Celestyal has announced the successful completion of a major refinancing initiative, replacing its original vessel acquisition funding with a more efficient financing model. This milestone...

Carnival Corporation & pic announces the launch of new senior unsecured notes offering

Carnival Corporation & plc announced that Carnival plc commenced a private offering of new senior unsecured notes in an aggregate principal amount of €1.0...

World Shipping Council releases container Lost at Sea Report – 2025 update

The World Shipping Council has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024. While...

ClassNK issues world’s first AiP for LCO2/methanol carrier developed by Mitsubishi Shipbuilding & MOL

ClassNK has issued an approval in principle (AiP) for a LCO2/Methanol Carrier jointly developed by Mitsubishi Shipbuilding and Mitsui O.S.K.The certification confirms the feasibility...

LS Marine Solution teams with Turkey on mega HVDC cable ship

Leading South Korean submarine cable manufacturer LS Marine Solution announced Monday that it has signed a construction agreement with Turkey’s Tersan Shipyard to build...

Shelf Drilling announces five-year contract extension for High Island V

Shelf Drilling announced that it has secured a five-year extension for the High Island V jack-up rig. The extension is in direct continuation of...

Amon Maritime secures funding to build large ammonia-fuelled bulkers

Amon Maritime has secured NOK 253 million ($25.1 million) in funding from Norwegian state agency Enova to support the construction of two ammonia-powered bulk...

Mitsui O.S.K Lines: MOL completes the acquisition of LBC Tank Terminals

Mitsui O.S.K. Lines announced that on June 30, it completed the acquisition of all membership rights in LBC Tank Terminals Group Holding Netherlands Coöperatief...

The Greek trend of shipping spin-offs on Wall Street

It is not just a trend, it is a strategy. Greek shipowners are following the spinoff policy for their listed shipping companies on the...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...