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Baltic index falls for third day as capesize rates slip

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, fell for a third straight session on Wednesday...

China Warns Waning Global Demand Is Top Threat to Trade

Overseas demand for goods from China is weakening as the global economy slows, warned a senior Chinese commerce ministry official, though the country still...

Capesize dip drags Baltic sea freight index lower

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged down on Tuesday pressured by a dip in...

MSC Announces New Air Cargo Service

Mediterranean Shipping Co., the world’s largest container line, will expand into air cargo using four leased Boeing Co. wide-body freighters after missing out in...

DP World Moves 10 Millionth Unit At London Gateway

DP WORLD announced that its terminal at London Gateway has handled its 10 millionth container, just nine years after the smart logistics hub on...

EU sanctions, price cap on Russian oil to raise shipping hurdles

Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil...

Baltic index edges lower on weaker rates for larger vessels

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, edged down on Monday as rates dropped for...

Sustainability & shipping on Capital Link forum agenda

Capital Link is organizing its 12th Annual Sustainability Forum on Tuesday, on the question: “Can Sustainability Prevail Over Geopolitics?” It will be held at...

CLIA hosts “Ports and Destinations Dialogue” in Malaga

Cruise Lines International Association (CLIA) hosted “Ports and Destinations Dialogue” in Malaga, Spain on 12-13 September bringing together the cruise community to discuss industry...

Ukraine ports ship approx 4.7mn tonnes of food under grain deal

A total of 211 ships with 4.7 million tonnes of agricultural products on board have left Ukraine so far under a deal brokered by...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

PIL announces planned leadership succession: Wan Chee Foong appointed Deputy CEO, to succeed Lars...

The Board of Directors of Pacific International Lines (PIL) announced the appointment of Mr...

ABS and lomarlabs team up to accelerate early-stage, innovative solutions for global shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative...

Celestyal launches 190 new winter Mediterranean shore excursions

Celestyal has unveiled its shore excursion programme for its new winter Eastern and Western...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...