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Iron ore gains on lower shipments, strong China steel exports

Iron ore futures rose for a fifth straight session on Monday, supported by a sharp fall in shipments from a major supplier and resilient...

Wallenius Wilhelmsen signs logistics contract in Australia

Wallenius Wilhelmsen secures logistics contract in Australia with a large automotive manufacturer expected to generate revenues in excess of USD 100m. Wallenius Wilhelmsen will...

US tells countries to reject UN ship fuel emissions deal or face tariffs – report

The United States has told countries to reject a United Nations’ marine fuel emissions-cutting deal or face tariffs, visa restrictions and port levies, U.S....

Baltic Index Edges Up On Stronger Capesize And Panamax Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Thursday, driven by higher rates...

IUMI publishes risk mitigation for the safe ocean and short-sea carriage of electric vehicles

In 2023, the International Union of Marine Insurance (IUMI) published a set of best practice and recommendations for the safe carriage of electric vehicles....

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

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a near two-week low on...

Baltic index hits over one-week low on weaker demand across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to an over one-week low on...

Shipping market shows mixed signals

Although global shipping is facing unstable fundamentals and geopolitical shocks, the freight market picture is multidimensional. From the stability in LNG and LPG carriers,...

ABB and Wallenius Marine establish OVERSEA™ joint venture

ABB and shipping company Wallenius Marine have formally established a new joint venture based in Stockholm, Sweden, to expand their OVERSEA™ collaboration and ensure...

Wallenius Lines acquires two vessels and flies the Swedish flag

Wallenius Lines has acquired the vessels m/v Don Juan and m/v Turandot, which will now fly the Swedish flag. The acquisition and the Swedish...

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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...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

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...

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...