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Baltic index declines for third day as capesize plunges to 2-year lowBaltic

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell for the third straight session...

Baltic index slips on lower capesize, panamax rates

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

Suspected Somali pirates seize boat off Horn of Africa

Suspected Somali pirates have seized a Yemeni fishing boat off the Horn of Africa, authorities said late Monday. A European naval operation in the Mideast,...

MPC Capital expands maritime services business with energy efficiency and performance management solutions

The investment and asset manager MPC Capital has acquired a 50% stake in the performance management company BestShip GmbH & Cie. KG from Norwegian...

Baltic index falls as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Monday due to weaker larger...

Nordic Chartering welcomes Hacklin onboard

Oy Hacklin expands its scope of business in the logistics sector with the acquisition of a considerable stake in the Finnish short sea operator...

FMC approves operation of Premier Alliance

The US Federal Maritime Commission has announced that the Premier Alliance Agreement can take effect on February 9, 2025. The Premier Alliance is replacing THE...

SEEDS Capital appoints 20 new partners to catalyse at least S$300 million of investments into Singapore-based deep tech startups

SEEDS Capital, the investment arm of Enterprise Singapore (EnterpriseSG), has appointed 20 new local and global partners to co-invest in innovative Singapore-based deep tech...

Non-Iranian ammonia shipment moves north through the Red Sea; seen as “good first signal”

A shipment of ammonia not linked to Iranian suppliers has passed through the Bab Al-Mandab Strait and into the Red Sea for the...

Union of Greek Shipowners welcomes the “Competitiveness Compass”

The presentation of the “Competitiveness Compass” by the President of the European Commission, Ursula von der Leyen, and the highlighting of the vital role...

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BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group...

Greek merchant fleet increased by 1.8% in May 2026

The Greek Merchant Fleet increased by 1.8% in May 2026 compared with May 2025,...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...

Port of Long Beach cargo up at year’s midpoint

Trade moving through the Port of Long Beach saw double-digit growth in June, running just ahead of last year’s record-setting pace halfway into 2026,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...