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Intermodal Weekly Market Report [W33]

The water level at Rhine River crucial waypoints (mainly Kaub, Cologne, and Duisburg) has recently dropped to season-record lows, causing major delivery disruptions of...

Capesize, supramax gains buoy Baltic sea freight index

The Baltic Exchange’s main sea freight index was little changed on Tuesday, as capesize and supramax gains offset lower rates in the panamax segment....

DOF: Extension & award of multiple contracts with Petrobras

DOF announced that Petrobras has extended the contracts and awarded new long-term charter and service contracts to Norskan Offshore Ltda. and DOF Subsea Brasil...

Eni makes a significant gas discovery offshore Cyprus

Eni announces a significant gas discovery in the Cronos-1 well drilled in Block 6, 160 km off Cyprus coastline, in 2,287 metres of water...

New York Draws Rare Jones Act Cargoes as Fuel Stocks Drop

New York gasoline inventories are so low that suppliers are resorting to expensive US vessels to move fuel into the region and allay the...

DSME orders marine compressors for four LNG carriers

Daewoo Shipbuilding & Marine Engineering (DSME) has chosen TMC Compressors (TMC) to deliver a complete marine compressed air system to four LNG carriers the...

Hapag-Lloyd set to make fleet more efficient

With the loading of the first retrofit propeller in the Port of Hamburg, Hapag-Lloyd is launching its comprehensive Fleet Upgrade Program. The goal is...

Baltic index dips further as demand weakens for larger vessels

The Baltic Exchange’s main sea freight index extended its slide on Monday, hitting a fresh 18-month low, as demand for capesize and panamax vessel...

Performance Shipping Announces Termination of ATM Offering

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, effective August 23, 2022, it has terminated the At...

Greece’s strategic gas reserves to be held in FSU off Revithoussa island

Greece’s strategic reserves of natural gas will be located in the new floating storage unit (FSU) on the island of Revithoussa, off the coast...

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Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results

Norwegian Cruise Line Holdings reported financial results for the second quarter ended June 30, 2026 and provided guidance for the third quarter and full...

United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

EU Forces Board Sanctioned Russian ‘Shadow Fleet’ Tanker

An EU naval mission led by Italy boarded a tanker from Russia’s so-called “shadow...

Two Tankers With Saudi Oil Exit Red Sea Over Weekend

Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend,...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...