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Baltic index hits one-week high as larger vessel rates rise

The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Thursday, helped by higher rates for the capesize and panamax...

Posidonia 2024 marks the rebirth of the Greek shipbuilding industry

Greece’s revitalised shipbuilding industry will be prominently represented during Posidonia 2024, signalling a strong recovery following decades of decline and disrepair. The sector’s Greek...

Baltic index snaps 14-session losing streak on firm capesize rates

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a 14-session losing streak on Wednesday, helped...

Baltic index extends decline as larger vessel rates dip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourteenth consecutive session on Tuesday as...

Baltic index slips to near 2-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index slipped to its lowest level in nearly two months on Monday, pressured by weaker rates across...

Gearbulk Signs Contract For Up To Four 82,300 Dwt Open Hatch Vessels For Delivery In 2027

Gearbulk has signed a contract for delivery of up to four ammonia/ methanol-ready, 82,300 dwt Open Hatch newbuildings. The contract is firm for two...

Yemen’s Houthis Say They Targeted Western Ships

Houthi forces in Yemen said on Sunday they had launched rockets and drones at British, U.S. and Israeli ships, the latest in a campaign...

EU wheat rises as Black Sea risks spur short-covering

Euronext wheat futures rose on Friday, tracking a rally in Chicago as delays to some Russian exports and concern about an escalation in fighting...

Baltic index slips to 1-1/2 month low on weaker vessel rates

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell to its lowest since mid-February on weaker rates...

Wartsila to Deliver its First Ammonia Ship Engine in Early 2025

Ship engine manufacturer Wartsila expects to deliver its first ammonia-fueled engine on a new vessel in early 2025, with more widespread sales expected in...

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Noble Corporation announces third quarter 2026 results

Noble Corporation announced third quarter 2026 results. Approximately $560 million in new contract value awarded since the July fleet status report; backlog stands at $6.7 billion. $0.50...

Scorpio Tankers Announces Financial Results for the Third Quarter of 2026

 Scorpio Tankers reported its financial results for the third quarter of 2026, highlighting the company’s latest financial performance.    

Danske Bank profit rises more than expected on high activity, low losses

Danske Bank on Thursday reported a ​third-quarter net profit above estimates, citing solid ‌customer activity and strong credit quality, and narrowed its full-year profit...

Boluda Shipping signs agreement to acquire Samskip and jointly build Europe’s leading short-sea network

Boluda Shipping and Samskip have signed an agreement under which Boluda Shipping will acquire Samskip. The acquisition will pave the way for Europe’s most...

HHLA lowers earnings forecast for the 2026 financial year

Based on the business development to date and updated estimates for the fourth quarter of 2026, the Executive Board of Hamburger Hafen und Logistik...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...