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Iron ore slides on expectations of steel output cut in China

Iron ore prices dropped on Thursday, as traders weighed prospects of weakening demand amid fresh expectations of crude steel output cuts in top consumer...

Baltic Index falls to two-week low as capesize segment declines

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a more than two-week...

Maersk reports solid results in increasingly volatile environment

For the first quarter of 2025 A.P. Moller - Maersk A/S reports revenue growth of 7.8% to USD 13.3bn with EBIT increasing to USD...

Torm first quarter net profit comes in at USD 62.9 million

TORM reported Q1 2025 Results, Dividend Distribution, and Financial Outlook 2025. “TORM delivered a solid first-quarter result in line with our expectations despite continued geopolitical...

Bahri reports first quarter 2025 results with 18% net profit growth

The National Shipping Company of Saudi Arabia ("Bahri"), the Kingdom's leading shipping and logistics provider, announced its financial results for the first quarter of 2025 reporting an 18% increase in net profit to SAR 533 million, compared...

Teekay Tankers reports First Quarter 2025 Results and Declares Dividends

Teekay Tankers reported the Company's results for the quarter ended March 31, 2025 and announced that its Board of Directors has declared its fixed...

Okeanis Eco Tankers registers $500m of securities for sale

Okeanis Eco Tankers, announced today that it has filed with the U.S. Securities and Exchange Commission a shelf registration statement on Form F-3 on...

Costamare announces completion of the Costamare Bulkers Holdings Limited spin-off

Costamare announced that it has completed the spin-off of its dry bulk business into a standalone public company, Costamare Bulkers Holdings Limited. Each holder...

Wallenius Wilhelmsen delivers stability and a strong Q1 in an uncertain market

Wallenius Wilhelmsen delivers a strong Q1 result with an EBITDA of USD 462m. “We deliver solid financial results despite seasonally low volumes, soft H&H...

Wärtsilä launches carbon capture solution to shipping market after world-first full-scale installation success

Technology group Wärtsilä has announced that its breakthrough carbon capture solution (CCS) is now commercially available to the global maritime industry, delivering a step-change...

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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...