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Wan Hai Lines containership to be recycled by APT Global

Following the incident on board the WAN HAI 503 on 9 June 2025, all emergency response and casualty management measures have been completed. Following the...

Danaos Corporation announces strategic partnership with Glenfarne Group to advance the Alaska LNG Project

Danaos Corporation, one of the world's largest independent owners of containerships, announced a strategic partnership with Glenfarne Group LLC to advance the Alaska LNG...

Performance Shipping Inc. secures three-year time charter contract for M/T P. Monterey at USD31,000 per day

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

Okeanis Issues Commercial Update

Okeanis Eco Tankers Corp. announced the following commercial update: As of the date of this release, we estimate the following Daily Time Charter Equivalent Rate*...

Metrostar acquires vessels from Contships – report

According to Alphaliner, Metrostar Management Corp has acquired two containerships (1,296 TEU) from Contships Management at an undisclosed price.  More specifically, the company is reported...

Stealth Maritime exercises Hyundai tanker options – report

According to TradeWinds, Greek shipowner Harry Vafias has doubled an order for crude and product carriers at Hyundai Group yards placed in November, taking...

Intermodal Weekly Market Report [W3]

China has started 2026 with two signals that matter for bulk shipping in different ways. One is policy-driven and hits steel trade flows directly....

Okeanis Eco Tankers secures financing for Suezmax tankers

Okeanis Eco Tankers Corp. has secured two $45 million bank facilities from Greek lenders to finance its newly acquired resale Suezmax newbuildings, Nissos Piperi...

Iron ore falls on demand concerns following accident at Chinese steel mill

Iron ore futures fell for a fourth session on Tuesday, as an accident at a Chinese steel factory triggered concerns over demand for the...

Baltic index rises on firm vessel rates

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, extended gains on Tuesday, supported by strong demand...

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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Capital Clean Energy Carriers Corp. announces first quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2026. Key Highlights Completed an...

Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

CLIA’s high-level Policy Event in Greece Highlights Cruise Growth, island communities, economic impact and...

· CLIA hosted a high-level Policy Event in Athens in collaboration with the Deputy...

Trump administration launches nuclear-powered shipping initiative

U.S. Transportation Secretary Sean P. Duffy and the Maritime Administration (MARAD) today launched an...

DP World launches end-to-end cargo war risk insurance for middle east trade

DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

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...