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Baltic index rises as rates firm across all vessel segments

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, rose on Wednesday, buoyed by firmer rates across...

NORDEN adds new leases with purchase options

NORDEN added six new Multi-purpose (MPP) vessel leases with purchase options. “In parallel with our strategy to realise asset values, we are concurrently also entering...

Baltic index hits near three-week low as larger vessel rates fall

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, extended losses to a near three-week low on...

Panama will not register oil tankers and bulk carriers older than 15 years

The Panamanian Ship Registry has updated its policies to optimize the operational performance of its fleet, minimize the risk of detentions, and prevent the...

K-Line cuts tariff-cost estimate, raises impact of stronger Yen

Kawasaki Kisen Kaisha Ltd. expects the impact of US auto tariffs to be lower than previously feared, though a stronger yen is seen shaving...

Greek-owned fleet remains a leading maritime force

The Greek-owned fleet remains the leading maritime power with 5,700 ships. It represents 20% of the global fleet and 61% of the European Union...

Baltic index slips to over two-week low

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell to a more than two-week low on...

Nexans and Crowley Wind Services Partner to Develop and Operate First-of-its-Kind Cable Lay Barge

Nexans, a leader in the world’s energy transition which invested in the U.S. with its subsea transmission cable manufacturing facility in South Carolina, today...

Baltic Index Registers Best Month Since February

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, inched up on Thursday and recorded its strongest...

Baltic index extends at two-week low

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell for a fourth straight session to a...

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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...

Celestyal Successfully Transits Strait of Hormuz, Leading Safe Passage for Cruise Industry

Celestyal has confirmed the successful and safe transit of both its vessels, Celestyal Discovery...

US seizes Iranian cargo ship, Tehran vows to retaliate

The United States said on Sunday that it had seized an Iranian cargo ship...

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...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

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...