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Guy Hindley appointed new Baltic Exchange Chairman

Guy Hindley has been appointed as the new Chairman of the Baltic Exchange Council, with effect from 1 January 2025, following the leadership of...

Resorts World Cruises announces fleet expansion with Star Scorpio’s first homeport in Singapore

Resorts World Cruises announced the 1,800- passenger 78,000 gross ton Star Scorpio as the third cruise ship to join Resorts World Cruises – “The...

Baltic index extends losses on weaker capesize, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 17-month low on...

New International Chamber of Shipping Secretary General announced

At a special meeting of the board, held on-line, the International Chamber of Shipping have unanimously appointed Thomas A. Kazakos as its next Secretary...

Baltic index hits 17-month low as all vessel segments post declines

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level...

Baltic index retreats on lower rates across all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, retreated on Tuesday rates dippedacross all vessel...

HD Hyundai’s Avikus supplies autonomous navigation solutions to a large fleet of 30 vessels

Avikus, HD Hyundai’s specialized Autonomous Navigation Technology subsidiary, has successfully secured a landmark order for its cutting-edge autonomous navigation solutions, HiNAS Control, marking a...

US hits North Korea and Russia with new sanctions, Treasury says

The United States hit North Korea and Russia on Monday with new sanctions targeting Pyongyang's financial and military support to Moscow as well as...

Baltic index rises on gains in capesize vessel segment

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday, supported by strong gains...

Russian tanker splits in storm, spilling oil into Kerch Strait

Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait,...

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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...