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Baltic Index gains for tenth straight session to more than two-month high

The Baltic Exchange’s dry bulk sea freight index, which measures rates for vessels moving dry bulk commodities, rose for a tenth straight session on...

Matson announces fourth quarter and full year 2024 results; provides 2025 outlook

Matson, a leading U.S. carrier in the Pacific, today reported net income of $128.0 million, or $3.80 per diluted share, for the quarter ended December 31, 2024. Net...

US East Coast dockworkers ratify new six-year contract

Over 45,000 U.S. dockworkers represented by the International Longshoremen's Association (ILA) voted to ratify a new six-year contract on Tuesday, formalizing a deal which...

HMM emerges as preferred bidder for SK Shipping in high-stakes acquisition

In a significant development within the South Korean shipping industry, Hahn & Co. has selected HMM as the preferred bidder for the sale of...

Asia Pacific’s first LNG bunkering for cruise passenger ships successfully completed at Singapore Cruise Centre

Asia Pacific’s first LNG bunkering for cruise passenger ships was successfully completed at Singapore Cruise Centre (SCC) yesterday. As part of this pioneering operation, TotalEnergies...

Intermodal Weekly Market Report [W08]

The rebounding OSV market enjoyed a strong start in 2024 hitting record highs, before easing off in the latter half of the year, with...

Iron ore declines on recovery in shipments, duties on Chinese steel

Iron ore futures prices faltered on Tuesday, weighed down by a recovery in iron ore shipments, with increasing levies and legislations on Chinese steel...

Baltic Index hits six-week peak on stronger capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, extended its climb to a six-week...

Diana Shipping posts profitable quarter

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $9.7 million and...

NNPC Shipping, Stena Bulk and Caverton Marine launch new tanker joint venture

Nigeria's NNPC Shipping, Stena Bulk, and Caverton Marine have formed a new joint venture that will address Nigeria and West Africa's regional and global...

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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...

Iran grants permission for a number of Iraqi oil tankers to pass through Hormuz

Iran has granted permission for a number of Iraqi oil tankers to pass through...

Search resumes for 22 crew after cargo ship sinks off India

A search-and-rescue operation was continuing on Sunday after a cargo ship sank off the...

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,...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

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...