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Baltic Index falls as capesize segment declines

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday, as lower rates...

Sea Cargo Charter hosts its 5th annual meeting in Geneva, and elects new Chairs

Last week, the Sea Cargo Charter held its fifth annual meeting at Cargill’s offices in Geneva, Switzerland. Signatories gathered a few weeks before the...

Nokia supplies private wireless to Maersk’s fleet for real-time cargo tracking

Nokia announced that it has signed a contract with Danish global integrated logistics leader, Maersk, to equip 450 vessels in its fleet with Nokia's...

Trump announces deal to stop bombing Houthis, end shipping attacks

President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop...

Baltic Index falls on lower capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged lower on Tuesday, pressured by...

HD Hyundai and Maersk sign MOU for cooperation on decarbonisation technology and integrated logistics services

On Tuesday, 6th of May 2025, HD Hyundai and A.P. Moller - Maersk announced the signing of a Memorandum of Understanding to establish a...

Marcus Risberg appointed as the new CEO of Viking Line Abp

The Board of Directors of Viking Line Abp has appointed Marcus Risberg as the new Chief Executive Officer of the company. Risberg will assume...

GTT takes decisive step forward in Digital sector with Danelec acquisition

GTT announces the signing of an agreement with the European investment fund Verdane to acquire Danelec, a leading provider of advanced digital solutions for...

European Maritime Finance appoints new CEO

European Maritime Finance has announced Torben Degn as its new CEO. He has stepped down from his role as chief investment officer (CIO) at Selected...

Wallenius Wilhelmsen completes Armacup acquisition

Wallenius Wilhelmsen has finalized the acquisition of the remaining shares in Armacup, taking its ownership from 65 percent to 100 percent. The deal closed on...

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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...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

EU to widen Iran sanctions to those who block Hormuz

The European Union will expand the criteria of its Iran sanctions to include those...

NYK Line, Golden Island, and Yara Clean Ammonia unveil landmark partnership to jointly drive...

NYK Bulkship (Asia) Pte. Ltd., Golden Island Pte. Ltd., and Yara Clean Ammonia Norge...

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...

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...