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Intermodal Weekly Market Report [W22]

Tide and time wait for no man, and certainly markets are on the go by impelling towards the transition of a new oil supply...

ABS, HHI & RMI to Develop World’s Largest Liquified CO2 Carrier

A next generation ultra large, liquefied carbon dioxide (LCO2) carrier is to be developed in a groundbreaking project between ABS, Hyundai Heavy Industries Group...

Moscow says it can bypass EU ban on insuring maritime oil deliveries to 3rd countries

Russia expects to get around the EU ban on insuring and financing seaborne deliveries of Russian oil to third countries by using state guarantees,...

Baltic index hits over 1-month low as rates fall across vessel segments

The Baltic Exchange’s main sea freight index hit a more than one-month low on Tuesday, hurt by lower rates across vessel segments. The overall...

George Procopiou: Shipping struggling with lack of clarity on sanctions

Shipowners are struggling to know what trades are still legal as a raft of sanctions against Russia and tough measures on other countries including...

OceanPal: Time Charter Contract for m/v Salt Lake City

OceanPal, a global shipping company specializing in the ownership of vessels, announced that, it has entered into a time charter contract with Koch Shipping...

Navios Holdings: Redemption of $15M of 11.25% Senior Secured Notes due 2022

Navios Holdings, a global seaborne shipping and logistics company, announced that on June 6, 2022, the Company issued a notice of redemption with respect...

Globus returns to black in Q1

Globus, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2022. Financial Highlights In Q1 2022,...

CMA CGM Orders Its First Methanol-Powered Containerships

CMA CGM has placed its first order for methanol-powered vessels in an effort to expand its energy mix and become carbon neutral by 2050....

China iron ore futures hit 10-month high on supply concerns

Dalian iron ore futures climbed to a 10-month high on Monday, as shrinking stocks of the steelmaking ingredient at Chinese ports added fuel to...

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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...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

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...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

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)...