The number of vessels passing through the Strait of Hormuz has dropped by 70% amid regional tension, according to Marine Traffic.
Iran has not officially...
Against the backdrop of rapidly escalating developments in the Middle East, shipping markets are reacting to the crisis with significant upward pressure on rates.
Freight...
United European Car Carriers (UECC) is further expanding its fleet of eco-friendly Pure Car and Truck Carriers (PCTCs) with the order of two additional...
Wallenius Wilhelmsen renews contract with a global automotive distributor with an estimated net freight value of around USD 190m during a firm period of...
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through two separate wholly-owned subsidiaries, it has signed...
d’Amico International Shipping S.A., a leading international marine transportation company operating in the product tanker market, announces that, since the beginning of the current...
Royal Boskalis B.V. in consortium with TKF Subsea Solutions B.V. (TKF) recently signed a contract with OWP Gennaker GmbH, as developed by Skyborn Renewables,...
Hafnia Limited, a leading product tanker company with a diversified and modern fleet of over 120 vessels, announced results for the three and twelve...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
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...