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Lloyd’s market engaging with US government over Gulf maritime plan, officials say

The Lloyd’s of London market is engaging with the U.S. government’s International Development ​Finance Corporation over a plan to provide political risk insurance ‌and...

Cancellation of 07, 09, 14 and 16 March 2026 departures – Celestyal Journey

We continue to follow developments in the Middle East and remain in regular contact with the relevant authorities. Throughout this period, our focus has...

Commission launches Industrial Maritime Strategy for a competitive, sustainable and resilient EU maritime sector

The European Commission has adopted a comprehensive Industrial Maritime Strategy to drive competitiveness, innovation and technological leadership in Europe’s maritime manufacturing and shipping industries. The Strategy sets out...

HMM union vows legal fight as Korea pushes Busan headquarters move

HMM's land-based labor union said on the 3rd it will launch legal action if the company's major shareholder replaces outside directors whose terms expire...

Tanker heads to UAE port via Strait of Hormuz to load oil, sources say

An oil tanker sailed through the Strait of Hormuz ​on Tuesday, heading to a United Arab Emirates ‌port to load crude in a rare...

Greek shipping minister warns of alarming situation in Strait of Hormuz

Greece's shipping minister on Tuesday called for the protection of global shipping and seafarers, amid an "alarming" situation that ​has left dozens of ships...

Strait of Hormuz: Traffic of vessels down 70%

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...

Freight rates and tanker values skyrocket

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...

Trump orders oil tanker insurance support, says Navy could escort ships in Gulf

The U.S. Navy could begin escorting oil tankers through the Strait of ​Hormuz if necessary, President Donald Trump said on Tuesday, adding he had...

DP World grows Brazil contract logistics footprint with Suzano warehouse deal

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...

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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...

Wallenius Lines becomes sole owner of Wallenius SOL

Wallenius Lines has entered into an agreement to acquire SOL Group’s shares in Wallenius SOL, thereby becoming the sole owner of the company. The...

Princess Cruises announces voyager class order

Princess Cruises, a leading global cruise line of Carnival Corporation & plc, the world's...

Hormuz crisis at crossroads as U.S.–Iran talks set to restart

Talks to end the Iran war could resume in Pakistan over the next two...

Höegh Autoliners welcomes the Höegh Pacific to its fleet

Last week, Höegh Autoliners celebrated and welcomed yet another newbuild to the Höegh fleet. The...

US, Iran agree to two-week ceasefire with reopening of Strait of Hormuz

The United States and Iran have agreed to a two-week ceasefire, reaching a deal...

UAE says the use of Hormuz must be guaranteed in any US-Iran deal

UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee access...

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...

Piraeus Port Authority to participate in Seatrade Cruise Global Exhibition

Piraeus Port Authority (PPA) continues to strengthen its international presence in the cruise sector by participating in the Seatrade Cruise Global Exhibition, the industry’s...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...