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Baltic Index hits near two-year low on weaker rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in 23...

Baltic index at over 1-year low as rates decline across segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on...

Tsakos Group is the largest duel fuel ship operator in the world

The Tsakos Group has become the largest shipping company with dual fuel ships and has launched a green investment program worth 2 billion dollars. As...

Houthi rebels to halt military operations against most ships in Red Sea: sources

Houthi rebels have said they will halt their military operations against most ships in the Red Sea, tanker chartering sources and brokers in Singapore,...

Baltic index falls to 19-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its lowest in more than 19...

George Alexandratos to lead Hellenic Chamber of Shipping

George Alexandratos will succeed George Pateras at the helm of the Hellenic Chamber of Shipping following the latter’s decision to step down after 9...

Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal

Maritime security officials said, on Thursday, they were expecting Yemen’s Houthi fighters to announce a halt in attacks on ships in the Red Sea,...

Höegh Autoliners signs two multi-year contracts with two major international car producers

Höegh Autoliners has secured two long-term contracts with two major international car producers for the transport of cars in our key trade lanes. One...

Greek shipowners make cautious start to 2025

Greek shipowners have made cautious moves, with sales mainly of older ships, in the first 15 days of 2025, while few purchases and new...

Shipping giants Maersk and Hapag-Lloyd see no immediate return to Red Sea

Two of the world's top shipping companies, Maersk, opens new tab and Hapag-Lloyd, opens new tab, said on Thursday they did not see an...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...