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Wheat importers in Asia scramble for supplies after Indian export ban

Wheat importers in Asia were scrambling to find new sources of supply on Monday after India banned exports of the grain at the weekend...
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China’s April coal output leaps 11% on year, but demand downturn looms

China’s daily coal output in April jumped 11 per cent from the same month a year earlier, boosted by Beijing’s order to increase supply...
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Baltic index dips for second consecutive session on lower vessel rates

The Baltic Exchange’s main sea freight index fell for the second consecutive session on Monday due to weaker rates for all vessel segments. The...
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China: Premium spot market rates depressed

Premium spot bookings out of Chinese baseports remained under pressure during the week to May 13 amid tenuous demand for Chinese export cargoes. As...
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Baltic index rises for 9th consecutive session on higher capesize rates

The Baltic Exchange’s main sea freight index rose for the ninth session in a row on Thursday, propelled by higher rates for capesize segment....
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Baltic index gains for 8th consecutive session on higher vessel rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, gained for the eighth consecutive session on Wednesday, lifted...
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Baltic index nears 5-month peak

The Baltic Exchange’s main sea freight index rose to a near five-month high on Tuesday, as rates rose for all vessel segments. The overall...
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Russia Struggles to Find New Buyers for Commodities

With Europe weaning itself off Russian oil, natural gas and coal, President Vladimir Putin has ordered a full-scale reorientation of Russia’s commodity exports by...
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Baltic index hits over 4-month peak on higher rates for all vessels

The Baltic Exchange’s main sea freight index rose to a more than four-month high on Monday, helped by stronger rates across vessel segments. The...
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Royal Caribbean Signals Slow Summer Demand In Europe

Royal Caribbean Group RCL.N on Thursday flagged slow summer demand for European cruises due to the Ukraine crisis, after a dull first quarter as...
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NORDEN raises full-year guidance

On the back of additional vessel sales and a stronger tanker market, NORDEN upgrades the 2026 full-year net profit guidance to USD 70 –...

Wärtsilä’s Interim Report January–March 2026

Wärtsilä’s announced its interim report for the period January–March 2026. January–March 2026 highlights Total order intake increased by 10% to EUR 2,099 million (1,902), while the...

KCC: Solid start to the year; even stronger Q2 outlook

Klaveness Combination Carriers ASA reported EBITDA of USD 29.3 million and Profit after tax of USD 15.6 million for the first quarter of 2026,...

Noble Corporation announces first quarter 2026 results

Noble Corporation plc reported first quarter 2026 results. Three Months Ended(in millions, except per share amounts)March 31, 2026March 31, 2025December 31, 2025Total Revenue$                786$                874$                764Contract Drilling Services Revenue743832705Net...

Hanwha Ocean’s Q1 OP jumps 70.6% on high-value vessel orders

South Korean shipbuilder Hanwha Ocean Co. saw its operating profit soar more than 70 percent in the first quarter of this year from a...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

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