The number of vessels passing through the Strait of Hormuz has dropped by 70% amid regional tension, according to Marine Traffic.
Iran has not officially...
Against the backdrop of rapidly escalating developments in the Middle East, shipping markets are reacting to the crisis with significant upward pressure on rates.
Freight...
DP World is expanding its contract logistics platform in Brazil after securing a five-year agreement to manage warehouse and production line supply operations for...
· The cruise industry supports a broad European industrial and tourism ecosystem, delivering tangible benefits across national and local economies
· Cruises promote peripheral destinations,...
The global tanker market is going through a period of intense momentum, with freight rates moving at levels that dramatically boost companies’ cash flows...
The Greek fleet made more than 160,000 calls in 174 countries in 2023, confirming the global footprint and geoeconomic importance of the sector.
As reported...
Uni-Fuels Holdings Limited, a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels Co., Ltd., its newly incorporated regional...
Eastern Pacific Shipping has announced a series of senior management appointments as the company continues to strengthen its leadership platform following the successful integration...
Volkswagen has attracted bids from top private equity funds including Blackstone, EQT and CVC for its diesel engine division Everllence, the Financial Times...
United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...
Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...
The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...
Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...
Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future.
In the first half of 2026, Port...
PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...