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DP World says sea freight prices could fall 20% if Red Sea attacks curbed

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s deputy chief executive said,...

Greeks discuss future of shipping

Speaking at a Hellenic Chamber of Shipping event, the president of the Hellenic Shipowners’ Association Melina Travlou underlined the excellent cooperation between the Hellenic...

Port of Long Beach Marks 20 Years of Leading Green

The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the...

Aker Solutions signs long-term strategic partnership with Vår Energi

Aker Solutions enters a strategic partnership agreement to deliver maintenance and modification services on Vår Energi operated assets and projects on the Norwegian Continental...

Performance Shipping extends time charter for M/T P. Monterey at US$28,000 per day for 12 months

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has extended the...

Dalian iron ore snaps nine-day winning streak as US tariff uncertainty weighs

Iron ore futures declined on Wednesday, weighed down by concerns that U.S. President Donald Trump could impose higher tariffs on Chinese imports. The most-traded May...

Baltic Index hits near two-year low on weaker rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in 23...

BW Product Services makes estimated $14 million Q4 gross profit

BW LPG provided an update on its Product Services’ Q4 2024 segment performance. For the quarter ending 31 December 2024, BW Product Services reported an...

Contships to issue $100m Nordic bond

Nikolas Pateras-led Contships has engaged Arctic Securities and Fearnley Securities for a run at the Norwegian high-yield bond market. The Greece-based feeder company, which claims...

SulNOx: Nigeria patent granted for fuel oil reclamation

SulNOx has been granted a fuel oil reclamation patent in Nigeria. The licence covers SulNOx's oil and water separation methodology. The demulsifying process uses the...

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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...