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Baltic Index snaps 13-session winning streak on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels carrying dry bulk commodities, fell on Tuesday snapping a 13-session winning...

Celestyal refines ‘Iconic Arabia’ sailings for 2025 following a successful first Arabian Gulf season

Soon to conclude its first Arabian Gulf season in March, Celestyal has announced an itinerary refresh for its new-for-2025, Arabian Gulf three-, and four-night...

Ocean Yield completes successful placement of a senior unsecured bond tap issue due 19 September 2028

Ocean Yield AS completed a tap issue of NOK 300 million of the Company's outstanding senior unsecured bond issue due 19 September 2028 with...

Swedbank and SpareBank 1 establish a Nordic investment bank, SB1 Markets

Swedbank and SpareBank 1 are entering a new partnership to create a leading Nordic investment bank. The new investment bank, SB1 Markets, will broaden...

Sale of “Skandi Peregrino” by DDW Offshore

Akastor ASA's subsidiary DDW Offshore AS has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million,...

CMA CGM reportedly investing in China-built boxships

CMA CGM is being linked by media reports to the acquisition of a dozen LNG dual-fuel vessels with an 18,000 teu capacity, constructed at...

Greek shipowners invest in new containerships

The rekindling of Greek shipowners’ investment interest in containerships is reflected in the series of new orders. Despite the sluggish start and the reduced dependence...

CMA CGM reports ‘solid’ 2024 Financial Results

CMA CGM reported 2024 Financial Results. Commenting on the results for the year, Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, said:  “Our...

CMA CGM: US port fees on China vessels would affect all shipping firms

U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping industry in...

China Merchants buys VLCC terminal in Brazil

CHINA Merchants Port, the port division of the state-owned conglomerate China Merchants Group, has acquired 70 % of Vast Infraestrutura, a company operating a...

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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...

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...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

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...