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Baltic index down to near two-year low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped to a 23-month low on Monday...

Seacon expands fleet through en-bloc transaction

Seacon Shipping Group Holdings has announced the acquisition of seven mini bulk carrier vessels from Baltic Shipping’s subsidiaries, with the total transaction valued at...

TMS Group in leasing deal for LNG carrier

SBI Leasing Services announced that it had partnered with BNP Paribas to arrange a leasing agreement with TMS Group. The deal involves the newly...

EDT Offshore and Synergy Marine Group announce Joint Venture: EDT Synergy Shipmanagement

EDT Offshore, a leading provider of integrated marine and subsea services, and Synergy Marine Group, a global ship management company, announced the formation of...

GSB Tankers and Asahi Tanker formed a JV for expansion in Asia

GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers...

DP World weighs USD 1 bln investment in Peru

DP World is interested in investing more than $1 billion to expand port infrastructure in Peru, the country’s government said on Wednesday following a...

Energean posts record year in 2024

Energean provided an update on recent operations and the Group's trading performance in the 12-months to 31 December 2024, together with guidance for 2025.

Havfram clinches contract for offshore wind project

Oslo-based Havfram has signed a contract to construct an offshore wind project in Europe. The project will be executed in 2029, utilizing one of Havfram’s...

Solstad announces multiple contract awards

Solstad Offshore ASA announced multiple contract awards with undisclosed clients for “Normand Jarstein”, “Normand Australis” and “Normand Scorpion”. CSV “Normand Jarstein” has been awarded a...

CMA CGM to keep avoiding Red Sea – report

French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more stable following...

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KAMCO and Standard Chartered partner to boost foreign currency financing for Korean shipowners

South Korea's state-backed asset manager KAMCO has joined forces with Standard Chartered Singapore to expand smaller domestic shipowners' access to dollar-denominated funding. The initiative...

The Swedish Club reports strong financial performance amid challenging market conditions

The Swedish Club has reported a strong and disciplined financial performance for the first half of 2026, underpinned by improved underwriting profitability, continued premium...

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...

Travlos: Greek shipping backs Liberia-Panama proposal for green transition

Greek shipping supports the proposal put forward by Liberia and Panama for the green...

UKMTO says tanker struck by unknown projectile off Saudi Arabia’s Yanbu

A tanker was struck by an unknown projectile 63 nautical miles west of the...

Iran threatens 45 tankers with fines, confiscation in Hormuz escalation

Iran said it had blacklisted 45 tankers that had broken its rules for crossing...

The Swedish Club reports strong financial performance amid challenging market conditions

The Swedish Club has reported a strong and disciplined financial performance for the first...

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...

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...