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Port Hedland Iron Ore Exports Slightly Higher During April

Pilbara Ports Authority has delivered a total monthly throughput of 59.1 million tonnes (Mt) for April 2022. This throughput was a three per cent...
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Baltic index gains for 8th consecutive session on higher vessel rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, gained for the eighth consecutive session on Wednesday, lifted...
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Globus: Acquisition of Fuel Efficient 64,000-DWT Motor Bulk Carrier

Globus, a dry bulk shipping company, announced that it has signed a contract for the construction and purchase of one fuel efficient bulk carrier...
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Venture Global strikes LNG supply deal with Exxon’s Asia-Pacific unit

Venture Global LNG said on Tuesday it would supply two million tonnes of liquefied natural gas (LNG) a year to Exxon Mobil Corp, a...
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Ship insurance claims to rise as Black Sea remains high risk area – Allianz

Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea...
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Global Ship Lease delivers another quarter of earnings growth

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three months ended March 31, 2022. First Quarter 2022 Reported operating...
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Frangou ‘pleased’ with Q1 financial results

Navios Maritime Partners L.P, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the first quarter ended...
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Castor benefits from robust dry bulk market in Q1

Castor Maritime Inc., a diversified global shipping company, announced its results for the three months ended March 31, 2022. Highlights of the First Quarter...
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China iron ore hits nearly 2-month low

Chinese iron ore futures dropped up to 7% on Tuesday to touch their lowest in nearly two months, fuelled by concerns of higher interest...
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Baltic index nears 5-month peak

The Baltic Exchange’s main sea freight index rose to a near five-month high on Tuesday, as rates rose for all vessel segments. The overall...
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Carnival Corporation posts record Q1 $5.8b revenues in 2025

Carnival Corporation & plc announced financial results for the first quarter 2025 and provided an updated outlook for the full year and an outlook...

Fred. Olsen Ocean divests 50% ownership in United Wind Logistics GmbH

Fred. Olsen Ocean, a wholly owned subsidiary of Bonheur ASA, hasentered into an agreement for the sale of its 50% stake in United WindLogistics...

Hapag-Lloyd publishes 2024 annual report and announces outlook for current financial year

Hapag-Lloyd published its new annual report today. According to the report, a slight increase in the operating result was achieved in 2024. The Group...

Eni and Vitol to strengthen collaboration in West Africa

Eni and Vitol have agreed that Vitol will acquire interests in certain assets owned by Eni in Cote d’Ivoire and the Republic of Congo...

Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

Jesper Kristensen takes the helm as group CEO of Synergy Marine

Synergy Marine Group announced the appointment of Mr. Jesper Kristensen as its new Group...

Celestyal Discovery returns to service after major refit

Celestyal Discovery has returned to service following a major refit in Athens over the...

Billion-Dollar US levies on Chinese ships risk ‘Trade Apocalypse’

For a symbol of the chaos engulfing world trade since the Trump administration walked...

Wilhelmsen strengthens maritime innovation commitment with Motion Ventures Fund II

Wilhelmsen announced its continued partnership with Motion Ventures on the launch of Motion Ventures...

DNV, HD KSOE and HD Hydrogen to collaborate on CO2 capture technology for SOFCs

HD Korea Shipbuilding and Offshore Engineering, HD Hydrogen, and DNV recently signed a Joint...

AD Ports Group and Columbia Group form ship management joint venture

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, and Columbia Group, a leading global integrated maritime, logistics, leisure and energy...

Thessaloniki port: Investment plans proceed; boosting the cruise industry

The expansion of Pier 6 at the port of Thessaloniki, an investment of hundreds of millions of euros, is expected to proceed immediately, within...

Focus on port infrastructure as cruise ship owners meet EU Transport Commissioner

The Association of Cruise Ship Owners and Maritime Agencies informed the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, about the activity and...

Port Hedland iron ore exports down 5% on February

Pilbara Ports delivered a total monthly throughput of 49.5 million tonnes (Mt) for February 2025. This was a six per cent decrease compared to February...

Greek ports record 5.6% passenger traffic increase in Q3

The total passenger traffic in Greek ports increased by 5.6% in the third quarter of 2024 compared to the third quarter of 2023, while...

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