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Panama Canal Authority extends east lane maintenance

The Panama Canal Authority has extended for the second time ongoing maintenance on the waterway’s east lane at the Gatun Locks through July 17,...

Baltic index hits a month’s low on weaker demand

The Baltic Exchange’s main sea freight index fell to its lowest level in a month on Thursday as lower demand weighed, with the panamax...

More Panama Canal Transits Highlight Rebounding Global Trade

The Panama Canal Authority says vessel transits are rebounding as global trade picks up after the Covid-19 pandemic. Container ships have led the recovery while...

EU proposes adding shipping to its carbon trading market

The European Commission on Wednesday proposed adding shipping to the bloc’s carbon market for the first time, adding pressure on an industry, which had...

Baltic index posts worst day in seven weeks as rates decline

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its biggest one-day loss in nearly seven...

Shipping renews calls for bunkering meters in Europe’s key port hub

Delays and disputes over marine bunkering operations remain widespread at the key Amsterdam-Rotterdam-Antwerp ports, according to industry players, fueling new calls for mandatory mass...

Baltic index dips on lower rates across vessel segments

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Tuesday pressured by declines across all...

IMB – Piracy, armed robbery incidents at lowest level in 27 years

IMB’s latest global piracy report details 68 incidents of piracy and armed robbery against ships – the lowest total since 1994 – down from...

Baltic index flat, capesizes hit near 2-week high

The Baltic Exchange’s main sea freight index was steady on Monday as lower rates for the panamax vessel segment offset gains in the capesize...

Suez Canal annual revenue hits record $5.84 billion

Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year,...

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HD Hyundai achieves record 6 trillion won profit

HD Hyundai, led by Chairman Chung Ki-sun, has opened the era of 6 trillion won (approximately $4.1 billion) in operating profit. Compared to approximately...

HMM maintains solid profitability in 2025 despite weak market

South Korean shipping giant HMM reported a net profit of KRW 1,879bln in 2025 (about $1.29bln) and an operating profit of KRW 1,461bln. The company’s...

Scorpio Tankers Inc. announces financial results for the fourth quarter of 2025 and an increase to its quarterly dividend

 Scorpio Tankers Inc. reported its results for the three months ended December 31, 2025. The Company also announced that its board of directors has...

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025.

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025. Highlights and Recent Activity Reported Adjusted earnings of $11.6 million and...

FLEX LNG: Solid Q4 performance amid spot market challenges

Flex LNG Ltd. announced its unaudited financial results for the three months and year ended December 31, 2025. Highlights: * Vessel operating revenues of $87.5 million...

Celestyal announces new Doha and Abu Dhabi F1 sailings for 2026

· Two new F1-themed departures will set sail in the Arabian Gulf · Both Celestyal...

India seizes three tankers in first action against dark fleet

The Indian Coast Guard seized three tankers that it said were involved in oil...

Wärtsilä and Abu Dhabi Maritime Academy explore collaboration to meet marine decarbonisation and sustainability...

Technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a Memorandum of...

Intermodal Weekly Market Report [W6]

 Libya’s oil sector is gaining renewed momentum in 2026, following a series of strategic...

Höegh Autoliners issues January 2026 Trading Update

In January 2026, Höegh Autoliners transported 1.3 million cbm of cargo on prorated basis....

Hong Kong’s CK Hutchison warns of legal action over Panama Canal ports

Hong Kong’s CK Hutchison Holdings warned of legal action on Thursday against a Danish logistics and ports group, after the latter was tapped by...

PPA hosts meeting for the TREASURE project

The Piraeus Port Authority (PPA S.A.), chaired by Han Chao, hosted a few days ago the 5th meeting of the European TREASURE project, which...

Australian Ports closed due to Cyclone Mitchell

Tropical Cyclone Mitchell intensified on Sunday, Australia’s weather bureau said, as it tracked towards the country’s remote northwest, home to the world’s biggest iron-ore...

AD Ports Group signs 30-year agreement with Aqaba Development Corporation to manage and operate Aqaba Multipurpose Port in Jordan

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, signed a 30-year concession agreement with Aqaba Development Corporation (ADC)...

Port of Virginia expands ultra-large containership capacity at Norfolk

The Port of Virginia is continuing to modernize and expand its operation and recently debuted additional capacity to safely handle simultaneous calls of ultra-large...