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Baltic index slips as capesize dip overshadows gains in smaller vessels

The Baltic Exchange’s dry bulk sea freight index fell on Tuesday as a dip in capesize rates offset gains in the panamax and supramax...
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Avance Gas: Sale of the VLGC Providence

Avance Gas Holding Ltd have entered a contract to sell the 2008-built VLGC Providence with expected delivery in May.  The sale is expected to generate...
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Imperial Petroleum Announces Pricing of Upsized $60 Million Underwritten Public Offering

Imperial Petroleum announced the pricing of an upsized underwritten public offering of 37,500,000 units at a price of $1.60 per unit. Each unit consists...
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Giant Boxship Grounding Follows East Coast Ports’ Rush to Expand

The $5.25 billion expansion of the Panama Canal doubled its capacity in 2016, allowing the world’s largest cargo ships to sail more easily to...
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Ukraine Could Lose Billions in Grain Exports with Ports Blocked

Ukraine faces a possible grain revenue loss of $6 billion as the blockade of its ports by Russian forces prevents it from selling millions...
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Diana Shipping: Time Charter Contract for m/v Artemis With Cargill

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one...
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Russia finding ways around oil sanctions – Novak

Russia is finding ways to bypass sanctions on its oil supplies and customers are “happy to buy” its discounted crude, the country’s top energy...
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Saudi Arabia is China’s top crude supplier; Russian oil falls 9%

Saudi Arabia regained the spot as China’s top crude supplier in the first two months of 2022, having been leapfrogged by Russia in December,...
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Baltic index down on dip in capesize rates

The Baltic Exchange’s dry bulk sea freight index edged lower on Monday, as a decline in capesize rates overshadowed gains in panamax and supramax...
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Euroseas Signs New Building Agreements for Three 1,800 TEU Feeder Containerships

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced that it has signed a contract for...
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Golden Ocean reports first-quarter loss

Golden Ocean Group Limited, the world's largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended March...

Safe Bulkers maintains strong balance sheet in Q1; takes delivery of 12th newbuild

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three-month periods ended March 31, 2025.

ZIM reports financial results for the first quarter of 2025

ZIM Integrated Shipping Services announced its consolidated results for the three months ended March 31, 2025. First Quarter 2025 Highlights Net income for the first quarter...

Global Ship Lease reports results for the first quarter of 2025

Global Ship Lease, an owner of containerships, announced its unaudited results for the three months ended March 31, 2025. First Quarter of 2025 Highlights and...

New Fortress Energy posts quarterly loss as all segments show weak performance

New Fortress Energy posted a loss in the first quarter on Wednesday, as the U.S. LNG firm struggled with weak performance across its segments,...

Baltic Index inches lower on weaker capesize rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index down on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. has entered into a new collaboration with Nutrigem Maritime Wellbeing...

Denmark first to launch data-driven remote pilotage

With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating...

Baltic Index Hits Over 1-Week Peak On Higher Capesize Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Savannah container trade up 17 percent in April

The Georgia Ports Authority had its busiest April ever for container trade, moving 515,500 twenty-foot equivalent container units last month. The Port of Savannah...

PPA: Upgrade works at Piraeus port ahead of the summer season

The upgrade works on the infrastructure at the main passenger port of Piraeus are progressing rapidly, in view of the summer season and the...

April port of Los Angeles volume robust ahead of drop coming from tariffs

The Port of Los Angeles handled 842,806 Twenty-Foot Equivalent Units (TEUs) in April, 9.4% more than last year. After four months, the Port of...

NYK to build and operate next-generation finished-vehicle logistics terminal at Port of Barcelona

On May 7, NYK was awarded a 27-year concession from Port de Barcelona for a finished-vehicle logistics terminal at the port. The new facility, scheduled...

Port of Long Beach Busiest in U.S. through First Quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...

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