At approximately 1 a.m. (Sanaa time) May 18, Iranian-backed Houthis launched one anti-ship ballistic missile (ASBM) into the Red Sea and struck M/T Wind,...
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Wednesday...
U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicle (EV) batteries,...
ABS, HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries signed a memorandum of understanding to collaborate on the technical feasibility for...
The Baltic Exchange’s main sea freight index fell for the third consecutive session on Monday, weighed down by lower capesize and panamax vessel rates.
The...
Greece’s Navy extended a series of exercises aimed at preventing tankers from transferring Russian oil just miles off its coastline.
The navy said in a...
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...
Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026).
Revenue for 4Q FY2025 was US$4,042 million, bringing the total...
Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier.
Ordinary...
The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...
A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...
