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Iron ore slides as elevated China steel stocks weigh

Prices of iron ore futures slipped on Thursday, as top consumer China’s accumulating steel stocks in the peak demand season weighed on sentiment. The most-traded...

Baltic Index slips on low capesize rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Thursday due to weak capesize...

Zodiac Maritime completes delivery of 10 advanced Dual-fuel pure car and truck carriers 

Zodiac Maritime has completed the delivery of ten advanced dual-fuel Pure Car and Truck Carriers (PCTCs) from Yantai CIMC Raffles Offshore Ltd (CIMC Raffles),...

Saipem awarded new offshore contract for Sakarya gas field development worth approximately 1.5 billion USD

Saipem has been awarded a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in...

CMA CGM decides against surcharge for US fees

As announced earlier this year by the U.S. Trade Representative (USTR), effective October 14, 2025, the U.S. will begin assessing new service fees for...

Winners and losers in the “battle” of liners

Sea-Intelligence in its latest analysis focused on the carrier alliance reshuffle underway on Europe’s major container ports. According to an analysis, the Piraeus port has...

TEN reports profits for the second quarter and first half of 2025

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2025. FIRST HALF 2025 SUMMARY RESULTSTEN’s fleet generated $390.4 million...

Iron ore eases on profit-taking, weak China inflation data

Iron ore futures retreated on Wednesday, due to some profit-taking and weaker-than-expected inflation data in top consumer China, although the bets of demand picking...

Baltic index extends gains on higher rates across larger vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit an over one-month high on Wednesday,...

International Seaways announces successful placement of 5-Year senior unsecured bonds

International Seaways, announced that it has successfully placed $250 million of new senior unsecured bonds in the Nordic bond market. The new bonds are...

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Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

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...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

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...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

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...