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Baltic Index edges up on stronger vessel rates across the board

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a three-day losing streak on Thursday,...

Celestyal expands ‘Iconic Arabia’ shore excursion programme

Celestyal has expanded the shore excursion programme for its upcoming new-for-2025 ‘Iconic Arabia’ itineraries on its second ship to visit the region, Celestyal Discovery. New...

Amogy and Samsung Heavy Industries sign strategic partnership for manufacturing of amogy’s ammonia-to-power systems

Amogy, a provider of scalable and efficient ammonia-to-power solutions, and Samsung Heavy Industries (SHI) announced a multi-year strategic contract manufacturing partnership for the manufacturing...

Baltic Index hits one-week low as capesize rates weaken

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended losses and fell to a one-week...

Yemen’s Houthi rebels signal that they’ve stopped attacks on Israel and Red Sea shipping

Yemen’s Houthi rebels are signaling they’ve stopped their attacks against Israel and shipping in the Red Sea as a shaky ceasefire holds in the...

John McDonald appointed ABS Chairman and CEO

The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on...

Baltic Index edges down on weak capesize rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, ticked down on Tuesday, pressured by falling...

Buksér og Berging and Svitzer join forces

Global towage and marine solutions provider, Svitzer Group A/S (Svitzer), has acquired a 66.6% stake in leading Norwegian towage and marine service company, Buksér...

Baltic Index slips as capesize rates decline

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a four-day winning streak on Monday,...

Kit Kernon passes away prematurely – Global shipping is poorer

Kit Kernon, one of the most influential people in global shipping, has passed away. At the age of 56, the head of the shipping...

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Finance & Economy
Shipping News
Ports

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

KCC: First quarter 2026 business update

Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day). The CABU fleet...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Aegean Shipping: Strategic partnership with Danaos Consultants

Aegean Shipping Management, in collaboration with Danaos Management Consultants, is developing digital technology by...

ZIM announces CEO departure

ZIM Integrated Shipping Services Ltd. (the “Company”) announced earlier today that Mr. Eli Glickman,...

Seaspan Marine streamlines business with sale of chip and hog fuel barge division to...

Seaspan Marine announced an agreement with Hodder Tugboat Co. Ltd. to sell its legacy...

Princess Cruises announces voyager class order

Princess Cruises, a leading global cruise line of Carnival Corporation & plc, the world's...

Hormuz crisis at crossroads as U.S.–Iran talks set to restart

Talks to end the Iran war could resume in Pakistan over the next two...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Port of Long Beach Nation’s busiest seaport through March

The Port of Long Beach moved the most cargo in North America in March and through the first quarter of 2026, Port of Long...

AD Ports Group signs deal explore investment in key Romania port

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Piraeus Port Authority to participate in Seatrade Cruise Global Exhibition

Piraeus Port Authority (PPA) continues to strengthen its international presence in the cruise sector by participating in the Seatrade Cruise Global Exhibition, the industry’s...