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Hyundai seeks EU’s conditional approval for Daewoo acquisition

Hyundai Heavy Industries (HHI) is seeking conditional approval from the European Union for its proposed acquisition of the ailing Daewoo Shipbuilding & Marine Engineering...

Seaspan Takes Delivery of First of Five 12,200 TEU Newbuild Containerships

Seaspan announced that it has accepted delivery of one 12,200 TEU containership, which will immediately begin an 18-year charter with a major liner customer....

Intermodal Weekly Market Report [W39]

In a year where both the container and the dry bulk freight sectors enjoy historical booming markets with gains exceeding even the most optimistic...

European coal futures climb to 13-year peak

European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian...

Petrobras selling interests in 15 Gulf of Mexico fields

Petrobras is selling its interest in a company that owns interests in 15 offshore fields in the U.S. Gulf of Mexico. Petrobras has started the...

Safe Bulkers Announces 3 Year Period Time Charter for Capesize Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into a new period time charter for its recently...

Carnival Plans Loan Sale to Refinance Costly Pandemic Bonds

Carnival Corp. is taking another stab at replacing expensive bonds sold at the onset of the pandemic with a new $1.5 billion loan. The cruise...

Van Oord orders mega ship to install 20 MW offshore wind foundations and turbines

Van Oord has ordered a new offshore installation vessel to further strengthen its market position in offshore wind. The jack-up vessel can operate on...

Sovcomflot, NOVATEK expand cooperation

Sovcomflot, through a joint venture with NYK, has signed long-term time-charter contracts with NOVATEK Gas and Power Asia, a subsidiary of PAO NOVATEK, for...

OSG announces closing of USD 325 million loan to refinance debt

Overseas Shipholding Group announced that it closed on a seven-year $325 million term loan credit facility with Stonebriar Commercial Finance. Proceeds were used to...

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BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

Hormuz vessel crossings extend slide on fresh US-Iran attacks

Vessel crossings via the Strait of Hormuz dropped further at the start of the...

Yemen’s Houthis announce a maritime embargo against Saudi Arabia

Yemen’s Houthi rebels have announced they are imposing a maritime embargo against Saudi Arabia...

Celestyal expands sustainability and social impact initiatives

Cruise operator Celestyal is strengthening its social and environmental footprint by supporting initiatives focused...

Iran’s Guards Say Two Ships Involved In ‘Accident’ After Defying Hormuz Warnings

Iran’s Revolutionary Guards said on Sunday that two ships were involved in an “accident”...

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)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...

Port of Long Beach cargo up at year’s midpoint

Trade moving through the Port of Long Beach saw double-digit growth in June, running just ahead of last year’s record-setting pace halfway into 2026,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...