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Baltic index hovers near three-month high as capesize rates jump

The Baltic Exchange’s main sea freight index rose to its highest in close to three months on Thursday, propelled by higher rates in the...

Stolt Tankers, NYK Line, ENEOS Ocean and SU Navigation expand Stolt NYK Asia Pacific Services pool

Stolt Tankers announces the expansion of its Stolt NYK Asia Pacific Services (SNAPS) pool with the addition of SU Navigation, in partnership with NYK...

Euronav sells two Suezmaxes

Euronav has sold two Suezmax vessels, Sapphira (2008, 150,205 dwt) & Statia (2006, 150,205 dwt) to a wholly owned subsidiary of CMB NV at...

Celestyal announces support of two local charity events

As part of Celestyal’s ongoing commitment to the local communities of the ports and destinations in which they homeport and visit, the cruise line...

Baltic index hits nearly three-month high on higher capesize rates

The Baltic Exchange’s main sea freight index extended gains on Wednesday hitting its highest in nearly three months, buoyed by higher rates for the...

Wallenius Wilhelmsen upsizing 4 of the vessels on order to largest in the world

Wallenius Wilhelmsen has announced that four of the twelve Shaper Class vessels currently on order with Jinling Shipyard (Jiangsu) will be increased in size...

MPCC announces expected vessel acquisition

MPC Container Ships ASA has mandated Arctic Securities and Pareto Securities as Joint Global Coordinators and Joint Bookrunners to arrange a series of fixed...

Trafigura appoints Richard Holtum as new CEO

Trafigura Group announced that Richard Holtum will become Chief Executive Officer (CEO) of Trafigura, effective 1 January 2025 and will join the Trafigura Board...

Baltic index hits more than two-month high on stronger vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a more than two-month high on Tuesday...

Pangaea and M.T. Maritime Management announce a $194m all-stock deal

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, and M.T. Maritime Management, managers of a diversified fleet of tankers and dry...

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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...