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Baltic index extends losses for seventh straight day on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, declined for a seventh consecutive session on Monday,...

TotalEnergies to build LNG bunker in China

CSSC Hudong Zhonghua Shipbuilding says that Total Energies has contracted one plus one 18,600 cu metres LNG bunkering vessels. It is the hundredth LNG carrier...

Royal Caribbean lifts profit forecast, reinstates dividend as cruise demand thrives

Royal Caribbean Group opens new tab raised its annual profit forecast on Thursday and said it would reinstate its dividend, with the company coming...

Cyan Renewables acquires MMA offshore

Cyan Renewables, Asia’s leading offshore wind services platform based in Singapore, announced its acquisition of Australian offshore marine services provider MMA Offshore for A$1.1B...

Vale on track to hit top end of iron ore guidance, after profits surge

Brazilian miner Vale is confident it will manage to meet the top end of its guidance for iron ore production in 2024, which stands...

China’s Iranian crude imports find new market in northeast

Imports of Iranian crude have been flowing into the port and refining city of Dalian since late last year, tanker tracking firms and trading...

Diana Shipping announces signing and drawdown of a us$167.3 million term loan facility with Nordea Bank

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced the successful signing of a US$167.3...

Castor Maritime announces the acquisition of its first Ultramax Vessel

Castor Maritime, a diversified global shipping company, announces that on July 16, 2024, it entered, through a separate wholly-owned subsidiary, into an agreement to...

Top Ships announces time charter extensions at very strong rates and revenue of $100 million

TOP Ships, an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced that its 50% subsidiaries which own M/T Eco Yosemite...

Iran releases oil from seized tanker ‘St Nikolas’

Iran has released the oil cargo of a Greek-owned, Marshall-Islands-flagged tanker it seized in the Gulf of Oman earlier this year, a shipping source...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...