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Celestyal Cruises: Sale of Experience cruise ship

Due to current market conditions resulting from the ongoing COVID-19 pandemic, Celestyal Cruises has reviewed its forward-looking capacity requirements. After careful thought and consideration,...

OOCL orders ten 16,000 TEU boxships

Orient Overseas Container Line Limited (OOCL) has ordered ten environmentally friendly 16,000 TEU containerships in China. Five boxships will be built at Dalian COSCO...

EU Report Shows Scale Of Shipping’s Harm On Environment

Europe’s first environmental impact assessment for the shipping industry shows the challenge it faces in reaching the goal of climate neutrality by the middle...

Israel Opens New Chinese-Operated Port

Israel has opened a new shipping port along its Mediterranean coast that will bring much-needed competition to a sector plagued by delays and boost...

Baltic index drops to 2-week low as smaller vessels fall

The Baltic Exchange’s main dry bulk sea freight index fell to a two-week low on Thursday, as a retreat in panamaxes and supramaxes offset...

Navios Maritime Holdings Sees 48% Revenue Growth In Q2

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the second quarter and six months ended June 30,...

HMM, labor unions reach last-minute wage deal

The worst of an ongoing union struggle is over as HMM, the country’s leading maritime shipping company, came to a last minute agreement with...

Seaspan Announces Order Option for 5 Containership Newbuilds

Seaspan, a wholly owned subsidiary of Atlas, announced that ZIM has exercised its option to enter into long-term charters of five ultra-modern 7,000 TEU...

Greek shipowners criticize emissions trading scheme

The Union of Greek Shipowners has come out against EU proposals setting new environmental standards for the shipping industry, especially its emissions trading scheme,...

China: Shipbuilders harvest more orders in H1

The unprecedented boom in global demand for ships in the first half may bode well for Chinese shipyards thirsty for new shipbuilding orders, but...

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Seatrium receives notice of arbitration from Maersk over US$475 million contract dispute

Seatrium shares have dropped more than 14% to close at $2.09 on Oct 21 after this dispute was announced. Seatrium has received a notice of...

CMB.TECH continues fleet rejuvenation strategy

CMB.TECH NV has provided a market update regarding its fleet rejuvenation efforts in Q3 and Q4 2025.

Castor Maritime announces $50.0 million Debt Financing and Full Redemption of the 8.75% Series E Cumulative Perpetual Convertible Preferred Shares

Castor Maritime, a diversified global shipping and energy company, announces the signing of a $50.0 million sustainability-linked senior term loan facility with a European...

Konstantakopoulos issued special stock by Costamare

Costamare announced that it has entered into a Stock Subscription Agreement with Konstantinos Konstantakopoulos, pursuant to which Mr. Konstantakopoulos will purchase 1,200 shares of...

C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

EemsEnergyTerminal partners with EXMAR for terminal extension

EXMAR announced that it has entered into a strategic partnership with EemsEnergyTerminal, a subsidiary...

Baltic index falls on weak capesize vessel rates

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

Shipping industry faces challenges amid rising insurance premiums

Shipowners are expected to face the eighth consecutive annual increase in maritime insurance premiums...

Baltic index steady as panamax gains balance capesize losses

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

Baltic Index Edges Up on Capesize And Panamax Vessel Strength

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

Piraeus Port: Container traffic drops in September – report

Container traffic at Piers II and III of the Piraeus Container Terminal showed a significant decline in September 2025. Insecurity in the Red Sea, as...

CMA CGM invests port of Koper, Slovenia

The CMA CGM Group is strengthening its commitment to Central Europe through the expansion of its activities through the Port of Koper, the Adriatic’s...

Global Ship Lease issues statement regarding China-Specific port fees and US ownership

Global Ship Lease, a containership owner and lessor, issued the following statement in response to the Implementation Measures on the Special Port Charges for...

Port of Los Angeles strategies continue to deliver clean air gains

The Port of Los Angeles is furthering its progress in reducing pollution from all sources that move cargo through its gateway. In 2024, when...

Pacific basing takes measures to comply with port fee regulations

Pacific Basin Shipping has issued a trading update for the third quarter of 2025.