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Baltic index jumps nearly 8% as capesizes scale near 12-year peak

The Baltic Exchange’s main dry bulk sea freight index jumped nearly 8% on Monday, as rates for the larger capesize segment rallied to their...

S. Korean refiners slash Middle East crudes to chase margins, low-carbon feed

The share of Middle Eastern crude in South Korea’s 2021 refinery feedstock import basket could fall to the lowest level in more than three...

Dry bulk: profits surge to multi-year highs as pandemic related demand & disruptions linger

Heading into the seasonally strongest part of the year, dry bulk owners have already enjoyed a very profitable year with the temporary factors helping...

Wilhelmsen Ship Management moves JV from Cyprus to Athens

The relocation of Diana Wilhelmsen Management Limited (DWM) from Cyprus to Athens was announced by Wilhelmsen Ship Management (WSM). Wilhelmsen Ship Management, a company of...

Cost of Shipping Cars By Sea at a 13-Year High

The cost of moving cars across the ocean is surging. Vessels that carry autos and industrial machinery fetched their highest rates since 2008 in August,...

Carnival To Provide Cruise Ship To Support New Orleans Recovery From Ida

Carnival Cruise Line announced that it has an agreement with the city of New Orleans and the Federal Emergency Management Agency (FEMA) to provide...

Baltic Index Drops To 3-Week Low

The Baltic Exchange’s main dry bulk sea freight index dropped on Tuesday to its lowest since mid-August, as demand eased across all vessel segments....

Wärtsilä to supply complete cargo handling system for new LNG bunkering vessel

Wärtsilä has been awarded a contract to supply a complete cargo handling system for a new LNG bunkering vessel. The ship is being built...

Search for renewable methanol may mean more varied bunker locations: Maersk

Container giant Maersk’s announcement of eight deepsea vessels to run on sustainable methanol will stretch supply lines and may mean a shake-up of favored...

Baltic index dips to two-week low as rates retreat for all vessels

The Baltic Exchange’s main dry bulk sea freight index on Monday fell to a two-week low on declining rates across all vessel segments. The overall...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...