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Maersk opens its first own-licensed bonded warehouse in north Vietnam

A.P. Moller – Maersk opened its first bonded warehouse in Vietnam at SLP Park, Nam Dinh Vu IP, Hai Phong province. Operated by Maersk...

Trafigura issues statement on Mongolia petroleum products business

An internal review followed by an external forensic investigation have uncovered serious misconduct by individuals in Trafigura’s Mongolian petroleum products supply business.  The misconduct included...

Baltic index drifts lower as supramax hits over 8-month low

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities eased on Thursday, as supramax index fell to its...

Baltic index falls as capesize rates decline

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities fell on Wednesday, weighed down by losses in the...

Maersk signs long-term methanol sourcing deal with LONGi

A.P. Moller - Maersk entered into a long-term bio-methanol offtake agreement with LONGi Green Energy Technology Co., Ltd. The agreement will contribute to lowering...

Seanergy Maritime issues statement on Court’s dismissal of Economou’s litigation

Seanergy Maritime Holdings issued the following statement regarding the decision by the High Court of the Republic of the Marshall Islands dismissing the litigation...

Baltic index snaps 10-day losing streak as larger vessel rates gain

The Baltic Exchange’s dry bulk sea freight index snapped a ten-day losing streak on Tuesday as rates increased across larger vessel segments. The index, which...

UK Chamber of Shipping looks to attract new talent in shipping

The Merchant Navy Training Board (MNTB) has launched a year-long Careers at Sea National Awareness Campaign to raise awareness of the shipping industry and...

Mitsubushi Heavy: How AI can help track dark fleet

At any one time, around 100,000 vessels are sailing the seas. At least half of them are carrying cargo, shifting the world’s goods from...

Yemen’s Houthis target 3 ships in Red Sea and Arabian Sea

Yemen's Houthis said on Monday that they targeted three ships in the Red Sea and Arabian Sea, attacks they called part of their efforts...

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Capital Clean Energy Carriers announces Q3 Financial Results

Capital Clean Energy Carriers, an international owner of ocean-going vessels, released its financial results for the third quarter ended September 30, 2024. Key Quarterly Highlights Announced...

QatarEnergy inaugurates four LNG vessels

​QatarEnergy inaugurated four new conventional-size LNG vessels built in the Samsung Heavy Industries Shipyard and the Hanwha Ocean Shipyard in the Republic of Korea...

Okeanis Eco Tankers posts USD 14.6m net income in Q3

Okeanis Eco Tankers reported its unaudited condensed financial results for the third quarter and nine-month period of 2024, which are attached to this press...

TORM reports strong Q3 perfomance

In the third quarter of 2024, TORM's time charter equivalent earnings (TCE) amounted to USD 263.4m (2023, same period: USD 244.4m). TORM realized an...

Performance Shipping reports Q3 net income of $12.4 million

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $12.4 million and net income attributable to...

Baltic Index gains as capesize rates rise

The Baltic Exchange’s dry bulk sea freight index rose on Thursday, supported by gains...

MSC cruises from Piraeus to mediterranean destinations in the winter season

· MSC Cruises offering first winter season with MSC Sinfonia departing Piraeus (Athens) weekly...

Baltic index rises as capesize vessel segment posts gain

The Baltic Exchange’s dry bulk sea freight index rose on Wednesday, supported by a...

CLIA names energy and transport leader as director general in Europe

Samuel Maubanc brings deep experience in climate policy and government relations leadership to the...

Hapag-Lloyd christens the “Hamburg Express” in the Port of Hamburg

The “Hamburg Express” – the eponymous flagship of Hapag-Lloyd’s “Hamburg Express” class – was...

MOL to build logistic center on Kobe’s Port Island

Mitsui O.S.K. Lines announced its decision to construct a logistics center, including two warehouses for dangerous goods and one warehouse for general cargo, on...

Piraeus Port posts record revenue and profits in Q3

PPA announces financial results for the third quarter of 2024, focusing on the financial performance and strategic developments which configures its growth. The Company continues...

CMA CGM and Marsa Maroc join forces to equip and operate container terminal in Morocco

The CMA CGM Group, a global leader in sea, land, air, and logistics solutions, signed with Marsa Maroc, a national leader in port terminal...

COSCO invests in Thailand’s largest port

COSCO SHIPPING Ports Limited announces its acquisition in 12.5% and 30% of the equity stakes in Thai Laemchabang Terminal Co., Ltd. (‘TLT’) and Hutchison...

Container throughput is the strongest climber in the port of Rotterdam in the third quarter of 2024

The throughput in the port of Rotterdam decreased by 0.4% in the first three quarters of this year. The total throughput therefore equalled 328.6...