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Baltic index rises on firm vessel rates

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, extended gains on Tuesday, supported by strong demand...

SM Group’s Korea line equips entire fleet with Starlink

Korea Line Corp., the shipping arm of SM Group, announced that it has successfully completed the installation and activation of SpaceX’s Starlink satellite internet...

IMO welcomes entry into force of the BBNJ Agreement

The Biodiversity Beyond National Jurisdiction (BBNJ) Agreement targets sustainable use of marine biodiversity in international waters. The world’s first global treaty to protect ocean life...

HD Hyundai’s Avikus secures industry-record contract to supply autonomous navigation to 40 HMM Vessels

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, has signed a landmark agreement with HMM, South Korea’s leading national carrier, to supply its AI-based autonomous...

Fleetzero raises $43 Million Series A from Obvious Ventures, Maersk Growth, Breakthrough Energy Ventures, 8090 Ventures and Others to scale shipping electrification and autonomy

Fleetzero, a marine technology company building hybrid and electric propulsion systems for ships, announced a $43 million Series A financing and the opening of...

Greece warns shipping fleet of risks after black sea drone attacks

Greece has warned its shipping fleet to upgrade security measures to the highest possible when sailing to Russian Black Sea ports after drone attacks...

Global maritime piracy and armed robbery increased in 2025

The ICC International Maritime Bureau (IMB) reported an increase in global maritime incidents and piracy and armed robbery in 2025, classifying most cases as...

HD Hyundai’s Avikus to supply autonomous navigation system to 40 HMM vessels

HD Hyundai said Friday that its autonomous shipping unit Avikus has secured an order to supply its HiNAS Control autonomous navigation system to 40...

Baltic Index falls for ninth straight session on capesize losses

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for an ninth straight session on Thursday,...

Höegh Autoliners joins World Shipping Council

The World Shipping Council (WSC) announced that Höegh Autoliners has joined as a member, further strengthening the Council’s representation of the global liner shipping...

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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...