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Odfjell SE completes exit from gas carrier segment

On August 16, 2021, Odfjell Gas Shipowning AS, a subsidiary 100% owned by Odfjell SE, entered into a transaction agreement with BW Epic Kosan...

South Korean Shipbuilders Attracting Orders

Clarksons Research reported that the global shipbuilding orders added up to 4.01 million CGT last month and 45 percent, 44 percent and 10 percent...

Brazil’s 2022 soy exports to hit unprecedented 90 mln tonnes

Soybean exports from Brazil are expected to total 90 million tonnes in 2022, a potential new record from a projected historical high this year,...

BIMCO: Are we looking at the next dry bulk super cycle? Is it even a cycle?

Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have...

SEACOR Holdings acquires U.S. Shipping Corp

SEACOR announced the completion of its acquisition of U.S. Shipping Corp, a privately owned, leading provider of long-haul marine transportation for chemical and petroleum...

Gibson Weekly Tanker Market Report [W32]

The past couple of years have been very turbulent in many international markets due to the global pandemic...

Asia coal demand surge in stark contrast with U.N. climate warning

The latest U.N. report makes it clear that coal must exit global energy systems if there is to be any chance of avoiding severe...

Higher vessel rates drive up Baltic index to over 11-year peak

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rallied to its highest in more than 11...

Concordia Maritime Approves Chartering Agreement With Stena Bulk

At Concordia Maritime AB’s Extraordinary General Meeting on 12 August 2021, it was resolved in accordance with the proposal of the Board of Directors...

China-US container shipping rates hit new record high

Container shipping rates from China and Southeast Asia to the east coast of North America have surpassed $20,000 per twenty-foot equivalent unit, or TEU,...

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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,...

CMA CGM: A solid Group continuing its transformation in an unstable market environment

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met under the chairmanship of...

C3is reports financial and operating results for the first quarter of 2025

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the first quarter...

Castor Maritime Reports Fourth Quarter and Full Year Results for 2024

Castor Maritime, a diversified global shipping and energy company, today announced its results for the three months and year ended December 31, 2024. Highlights of...

HHLA starts new financial year with strong revenue and earnings

Despite the continually weak German economy, geopolitical tensions – notably the war in Ukraine and the escalating situation in the Middle East – as...

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...

Paul Pathy of Fednav elected BIMCO President

BIMCO has elected Paul Pathy, President & CEO of Canada’s largest dry bulk shipping...

EU agrees new sanctions on Russia and threatens more if Putin refuses ceasefire

The European Union has agreed to impose a new round of sanctions against Russia,...

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...

PPA: Revenue and profits climbed to new highs for the company–An increase in the proposed dividend by 43.7%

PPA S.A. presented the financial results for the fiscal year 2024 to the Union of Institutional Investors at the Athens Stock Exchange. The presentation...

AD Ports Group moves to expand presence in Kazakhstan with plans to develop a multipurpose terminal, expand fleet in the Caspian Sea region and...

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, today announced the signing and exchange of a number of diverse agreements...

MSC maintains its investment focus on Greek cruising and ports

The Mediterranean Shipping Company Group insists on Greek destinations in the cruise sector, despite the fact that it openly expresses its objections to the...