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ONE strengthens Adriatic and Balkans presence with new agency appointment in Albania

Ocean Network Express (Europe) Ltd. has appointed Centralog Albania Sh.P.K. as its official agency in Albania, marking a significant step in strengthening its presence...

SHI Expands U.S. Cooperation from Military Support Vessels to LNG Bunkering Ships

Samsung Heavy Industries (SHI) is expanding its U.S. shipbuilding cooperation areas from military support vessels to joint construction of liquefied natural gas (LNG) bunkering...

Karachi Gateway Multipurpose Terminal and Louis Dreyfus Company sign long-term agreement to develop clean bulk handling & storage facility

AD Ports Group, a global enabler of integrated trade, transport, industry, and logistics solutions, announced that Karachi Gateway Terminal Multipurpose Limited (KGTML), part of...

Rio Tinto sees up to $10 billion in divestment potential

Rio Tinto CEO Simon Trott outlined a plan on Thursday to generate $5 billion to $10 billion through divestments and productivity growth, as he...

IMO Assembly adopts new Capacity Development Strategy

The 34th session of the Assembly of the International Maritime Organization (IMO) concluded in London with the adoption of a new strategy to strengthen...

Hapag-Lloyd bids for ZIM

International shipping giant Hapag-Lloyd has made an offer for Zim Integrated Shipping Services. As far as is known, the bid is in the initial...

Diana Shipping announces time charter contracts for m/v DSI Pollux with Stone Shipping and m/v DSI Andromeda with Western Bulk

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Iron ore extends decline as higher supply sours sentiment

Iron ore futures prices slipped for a second consecutive session on Thursday, as mounting global supplies weighed on market sentiment. The most-traded January iron ore...

Baltic Index edges down from near two-year peak as rates drop across all segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, eased from a near two-year-peak on Thursday,...

DCSA welcomes IKEA Supply AG as first shipper to participate in DCSA+

IKEA Supply AG has joined DCSA+, the Digital Container Shipping Association’s partnership programme for advancing digital standards across the container shipping industry. As the...

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HD Korea Shipbuilding posts record Q1 profit on strong high-margin ship orders

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday this year’s record first-quarter profit was largely...

International Seaways reports first quarter 2026 results

International Seaways Reports First Quarter 2026 Results International Seaways, Inc., one of the largest tanker companies worldwide providing energy transportation services for crude oil and...

Cheniere reports first quarter 2026 results and raises full year 2026 financial guidance

Cheniere Energy, Inc. announced its financial results for the first quarter 2026. RECENT HIGHLIGHTS Financial During the three months ended March 31, 2026, Cheniere generated revenues of...

Capital Clean Energy Carriers Corp. announces first quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2026. Key Highlights Completed an...

Stainless Tankers announces financial results, reshapes leadership

Stainless Tankers ASA announces results for the three-month period ended March 31, 2026, Chairman and CEO change. Highlights Net loss of $0.06 million, on net revenue...

CLIA’s high-level Policy Event in Greece Highlights Cruise Growth, island communities, economic impact and...

· CLIA hosted a high-level Policy Event in Athens in collaboration with the Deputy...

Trump administration launches nuclear-powered shipping initiative

U.S. Transportation Secretary Sean P. Duffy and the Maritime Administration (MARAD) today launched an...

DP World launches end-to-end cargo war risk insurance for middle east trade

DP World has launched a first-of-its-kind cargo war risk insurance solution to help businesses...

CMA CGM containership confirmed attacked in Hormuz, crew injured

A CMA CGM container ship was attacked while transiting the Strait of Hormuz, injuring...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

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...