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Danaos Corporation announces strategic partnership with Glenfarne Group to advance the Alaska LNG Project

Danaos Corporation, one of the world's largest independent owners of containerships, announced a strategic partnership with Glenfarne Group LLC to advance the Alaska LNG...

Performance Shipping Inc. secures three-year time charter contract for M/T P. Monterey at USD31,000 per day

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

Okeanis Issues Commercial Update

Okeanis Eco Tankers Corp. announced the following commercial update: As of the date of this release, we estimate the following Daily Time Charter Equivalent Rate*...

Metrostar acquires vessels from Contships – report

According to Alphaliner, Metrostar Management Corp has acquired two containerships (1,296 TEU) from Contships Management at an undisclosed price.  More specifically, the company is reported...

Stealth Maritime exercises Hyundai tanker options – report

According to TradeWinds, Greek shipowner Harry Vafias has doubled an order for crude and product carriers at Hyundai Group yards placed in November, taking...

Intermodal Weekly Market Report [W3]

China has started 2026 with two signals that matter for bulk shipping in different ways. One is policy-driven and hits steel trade flows directly....

Okeanis Eco Tankers secures financing for Suezmax tankers

Okeanis Eco Tankers Corp. has secured two $45 million bank facilities from Greek lenders to finance its newly acquired resale Suezmax newbuildings, Nissos Piperi...

Iron ore falls on demand concerns following accident at Chinese steel mill

Iron ore futures fell for a fourth session on Tuesday, as an accident at a Chinese steel factory triggered concerns over demand for the...

Baltic index rises on firm vessel rates

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, extended gains on Tuesday, supported by strong demand...

SM Group’s Korea line equips entire fleet with Starlink

Korea Line Corp., the shipping arm of SM Group, announced that it has successfully completed the installation and activation of SpaceX’s Starlink satellite internet...

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WISTA International elects new president and champions cross-border collaboration at conference in Kuala Lumpur

WISTA International has elected Céline Mortier as its new President. The former WISTA Belgium President and CEO of maritime provider Bogerd Martin was formally...

Contships Logistics reports Q3 & 9M 2026 results

Contships Logistics Corp. announced its unaudited financial and operating results for the three and nine months ended September 30, 2026. Highlights Fleet Composition -During the first nine...

Navios Maritime Holdings increases tender offer price to $16.00 and extends the expiration date of cash tender offer to purchase Series G and Series...

Navios Maritime Holdings Inc. announced that it is amending its previously announced tender offer to purchase any and all outstanding Series G and Series...

Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has...

Dorian LPG declares irregular cash dividend of $1.25 per share

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...