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Cost of Shipping Cars By Sea at a 13-Year High

The cost of moving cars across the ocean is surging. Vessels that carry autos and industrial machinery fetched their highest rates since 2008 in August,...

Carnival To Provide Cruise Ship To Support New Orleans Recovery From Ida

Carnival Cruise Line announced that it has an agreement with the city of New Orleans and the Federal Emergency Management Agency (FEMA) to provide...

China Aug iron ore imports rise for first time in 5 months

China’s iron ore imports in August rose for the first time in five months, increasing 10.1% over July, although demand remained lacklustre amid Beijing’s...

SFL announces acuisition of modern Suezmax tankers, long term charters

SFL Corporation Ltd. announced that it has agreed to acquire three Suezmax tankers in combination with long term time charters to a world-leading commodity...

Intermodal Weekly Market Report [W35]

Last August was extremely hot in the dry bulk market with rates rising at levels that we have years to witness.

Baltic Index Drops To 3-Week Low

The Baltic Exchange’s main dry bulk sea freight index dropped on Tuesday to its lowest since mid-August, as demand eased across all vessel segments....

TEN orders up to six aframax newbuildings at Daehan

Tsakos Energy Navigation (TEN) has reportedly placed an order at Daehan Shipbuilding for up to six aframax tanker vessels, worth an estimated USD 450...

Seaway 7 charters Maersk Supply Service cable layer

Maersk Supply Service has secured a contract for its cable-laying vessel Maersk Connector with Seaway 7 in the North Sea. Seaway 7, the renewables business...

MSC To Increase Its Peak Season Surcharge Between Europe And US

MSC is to increase its peak season surcharge (PSS) between Europe and the US by $1,000 per 40ft on 1 October. The Geneva-headquartered carrier said...

Wärtsilä to supply complete cargo handling system for new LNG bunkering vessel

Wärtsilä has been awarded a contract to supply a complete cargo handling system for a new LNG bunkering vessel. The ship is being built...

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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...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

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,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...