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Dubai’s DP World, Britain’s CDC to jointly invest in Africa

Dubai’s ports giant DP World and Britain’s development finance agency CDC Group on Tuesday said they had agreed to jointly invest in transport and...

Intermodal Weekly Market Report [W40]

Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we...

Chevron Sets Net Zero Aspiration and New GHG Intensity Target

Chevron Corporation (NYSE: CVX) issued an updated climate change resilience report that further details the company’s ambition to advance our lower carbon future. Chevron...

Seadrill Stakeholders Vote to Accept Reorganization Plan

Seadrill has announced the voting results for its plan of reorganisation. All voting classes of stakeholders accepted the Plan, including all 12 credit facilities...

Russia’s wheat exports fall 12% on year to 12.8 mil mt

Russia’s wheat exports were 12% lower on the year at 12.8 million mt as of Oct. 7 for the 2021-22 (July-June) marketing year, the...

Golden Ocean: Sale of two Panamax vessels; agreement to build four Kamsarmax vessels

Golden Ocean, one of the world’s largest listed dry bulk shipowners, announced the sale of two older Panamax vessels, Golden Opportunity and Golden Endurer,...

Asia coal prices surge to fresh records; China, India output is key

Seaborne thermal coal prices in Asia climbed to fresh record highs last week, with early signs of rising exports not enough to eclipse concerns...

Baltic index dips, capesizes hover near 13-year peak

The Baltic Exchange’s dry bulk sea freight index slipped on Monday as a decline in capesize rates offset gains in smaller vessel segments, although...

Brazil soymeal exports soar

Soymeal shipments from Brazil’s Paranagua port jumped in September driven by strong demand and a drought that has disrupted a traditional logistics route via...

Daehan wins order for up to 6 LNG-fuelled tankers from TEN

Daehan Shipbuilding has won a contract from Tsakos Energy Navigation (TEN) for the construction of four to up to six dual-fuelled LNG-powered aframax tankers....

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

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...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...