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Baltic sea freight index firms on panamax strength

The Baltic Exchange’s main sea freight index firmed on Wednesday as a jump in rates for the panamax segment offset declines in larger capesizes. The...

Baltic sea freight index falls on lower capesize rates

The Baltic Exchange’s main sea freight index snapped a three-session long streak of gains on Tuesday, due to a fall in capesize and supramax...

Baltic index extends gains on higher rates for larger vessels

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains for a third straight session on Monday...

Wärtsilä & Maersk developing solution to prevent scrubber discharge pipe corrosion

The technology group Wärtsilä and Danish ship operator A.P. Moller - Maersk have provided a means for preventing corrosion in scrubber discharge pipes. The...

Istanbul Strait traffic halted as ship from Ukraine runs aground

Maritime traffic through the Istanbul Strait was suspended on Thursday after a ship coming from Ukraine malfunctioned. Lady Zehma, a 173-meter-long (567-foot-long) vessel, ran aground...

Wärtsilä engines selected for new Articulated Tug Barges

The technology group Wärtsilä will supply the engines for two new Articulated Tug Barges (ATBs), designed by Robert Allan Ltd and built by Estaleiro...

Baltic index bounces back as capesize sees best day in over 2-yrs

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday after rates for bigger vessel segments...

Weak demand across vessels drags Baltic index to worst month in over 2 years

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell on Wednesday and registered its biggest monthly decline...

Bill Gates-Backed Fund Backs Methanol as Green Fuel for Shipping

Green fuels and new engines to consume them could help limit climate-warming emissions from giant ships that keep the world economy moving. The shipping...

Baltic index extends dip on weakness across vessel segments

The Baltic Exchange’s main sea freight index fell for a fourth straight session on Tuesday on weakness across vessel segments, with the panamax segment...

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Diana Shipping Inc. issues statement regarding Genco Shipping & Trading’s response to Diana’s acquisition proposal

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximately 14.8% of the...

Icon Energy Corp. announces reverse stock split

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today...

TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...

Carnival Corporation & plc achieves record full year adjusted net income and investment grade leverage metrics, reinstates dividend

Carnival Corporation & plc announced financial results for the fourth quarter and full year 2025 and provided an outlook for the first quarter and...

IMPERIAL PETROLEUM reports third quarter and nine months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and...

HD Hyundai’s Avikus secures industry-record contract to supply autonomous navigation to 40 HMM Vessels

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, has signed a landmark agreement with HMM,...

Fleetzero raises $43 Million Series A from Obvious Ventures, Maersk Growth, Breakthrough Energy Ventures,...

Fleetzero, a marine technology company building hybrid and electric propulsion systems for ships, announced...

Greece warns shipping fleet of risks after black sea drone attacks

Greece has warned its shipping fleet to upgrade security measures to the highest possible...

Global maritime piracy and armed robbery increased in 2025

The ICC International Maritime Bureau (IMB) reported an increase in global maritime incidents and...

HD Hyundai’s Avikus to supply autonomous navigation system to 40 HMM vessels

HD Hyundai said Friday that its autonomous shipping unit Avikus has secured an order...

Cosco expects a return to normalcy in Suez

In an environment of intense geopolitical developments and changing cargo flows, the port of Piraeus remains at the heart of global trade. The gradual normalization...

Panama Ports see 3.6% rise in TEU container traffic in 2025

Panama’s port traffic rose 3.6% in 2025 to 9.9 million TEU containers compared to the previous year, the country’s Maritime Authority said on Friday. The...

Port of Piraeus: Cruises kick off 2026 with strong momentum

With the arrival of the first cruise ships, Piraeus Port Authority S.A. officially inaugurated the 2026 cruise season, marking the beginning of another dynamic...

Nova Marine Carries lands a new port in Amsterdam with Bolten and Ership

Nova Marine Carriers, together with German shipping company Aug. Bolten and Spanish group Ership, has completed the acquisition of 100% of VCK Port Logistics...

Hanseatic Global Terminals and GEN reach an agreement in ownership of FIT

Hanseatic Global Terminals and Grupo Empresas Navieras (GEN), via its affiliate Agunsa Universales S.A., have reached an agreement regarding the capital structure of Florida...