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India’s Cochin Shipyard secures mega order from CMA CGM for first boxships

India’s efforts to break into the leadership in global shipbuilding are taking a large step forward with Cochin Shipyard securing its first-ever international order...

China opens first container ship route to Europe via Arctic

China has opened the first container ship route connecting Europe through the Arctic sea passage. State-run media reported that the vessel left the eastern Chinese...

China takes steps against US-linked units of S.Korea shipbuilder Hanwha

China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean (042660.KS), opens new tab amid trade tension between the...

Intermodal Weekly Market Report [W41]

 The latest escalation in U.S.-China trade tensions marks a setback ronment. After a relatively calm summer, Beijing’s announcement of retaliatory port fees on U.S.-linked...

Iron ore slides on profit-taking as focus shifts to rising supply, weak steel

Iron ore futures retreated on Tuesday as investors booked profits after focus shifted back to expectations of growing ore supply in the rest of...

Baltic freight index falls after capesize vessel rates slump

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, declined on Tuesday, weighed down by a...

DHT says its fleet has no US links after China’s new port fee move

Oil tanker operator DHT Holdings said on Monday that its fleet does not fall under the scope of China's new special port fees targeting...

MPCC continues strategic fleet renewal with newbuild orders against long-term charters

MPC Container Ships has placed an order for two 1,600 TEU container vessels in combination with 8-year charters to one of the leading global...

Salzgitter AG and Oldendorff Carriers partner to decarbonize maritime iron ore transport

Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG and Oldendorff Carriers have entered into a long-term agreement to reduce carbon emissions in the maritime...

Valaris announces contract award for Drillship VALARIS DS-12

Valaris Limited announced that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt. The contract...

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NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

Robin Energy Ltd. reports results for the three months ended March 31, 2026

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announced its results for the three months ended March 31, 2026.Highlights of...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

Maersk keeps Hormuz transits suspended

We are closely monitoring the evolving situation in the Middle East and would like...

Trump Says Iran Ceasefire on ‘Life Support’ as Hormuz Crisis Deepens

President Donald Trump said on Monday that a ceasefire with Iran was “on life...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

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...