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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...

Celestyal agrees multi-year partnership with Ras Al Khaimah Tourism Development Authority

Celestyal has signed a three-year agreement with the Ras Al Khaimah Tourism Development Authority. The multi-year partnership, agreed at Arabian Travel Market in Dubai, will...

Baltic Index snaps six-session winning streak on lower rates across vessel sizes

The Baltic Exchange’s dry bulk sea freight index slipped on Tuesday, snapping six straight sessions of gains, due to a fall in prices across...

Celestyal Discovery becomes first ship in Greece to receive marine biofuel blend

Celestyal Discovery has become the first vessel in Greek waters to be refuelled using a marine biofuel blend. The milestone delivery, conducted at the...

Xiradakis: Fees on Chinese ships will increase the cost of trade

Τhe Office of the United States Trade Representative announced the final measures of the 301 investigation on China’s shipping, logistics and shipbuilding sectors. George Xiradakis,...

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TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Frontline reports “best quarterly profit ever”

Frontline plc reported unaudited results for the six months ended June 30, 2026: Highlights Reported the best quarterly profit ever of $659.2 million, or $2.96 per...

EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

Two killed in oil tanker fire off South Korea, Yonhap reports

Two crew people were killed on ​Thursday after a fire ‌broke out aboard an...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

TORM announces Q2 2026 results, dividend distribution, and financial outlook 2026

In the second quarter of 2026, TORM (Nasdaq: TRMD or TRMD A) generated time...

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Iran said it had restarted talks ​with neighbor Oman to manage the Strait of...

Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...