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EU targets 41 additional vessels in Russia’s shadow fleet

The European Union on Thursday imposed sanctions on 41 more ships in Russia's shadow fleet, taking the total of designated vessels to almost 600. The...

Hafnia Limited: Fulfilment of all conditions precedent for the acquisition of 13.97% of TORM

With reference to the stock exchange announcement published on 11 September 2025, Hafnia Limited announced that all conditions precedent required for the completion of...

Nordic American Tankers – Sale of two Suezmax tankers and contracting of two newbuildings

NAT has entered into firm agreements to sell two suezmax tankers (2004 and 2005-built) at a net price of $50 million for both vessels,...

Iron ore extends gains on improving steel margins, restocking hopes

Iron ore futures extended gains on Thursday, aided by improved steel margins and the expectation of feedstock replenishment among steel mills in top consumer...

Baltic index extends losses on declining rates across all vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, extended losses to a more than one-month...

Wan Hai Lines orders six LNG dual-fuel-ready 6,000-TEU ships in deal worth up to $492m

Wan Hai Lines has signed contracts for six LNG dual-fuel-ready containerships of about 6,000 TEU in a transaction valued at $451.2m to $492.0m, according...

Celestyal hosts global fam trip in Arabian Gulf

Celestyal has hosted 30 travel agents for a fam trip in the Arabian Gulf, in conjunction with the Department of Culture and Tourism –...

Port of Los Angeles on track for third best cargo year on record

The Port of Los Angeles processed 782,249 Twenty-Foot Equivalent Units (TEUs) in November, a decrease of 12% compared to last year’s elevated cargo levels....

BP p.l.c. announces leadership transition

BP p.l.c. announces that the bp Board has appointed Meg O’Neill as bp’s next chief executive officer, effective 1 April 2026. Murray Auchincloss has...

ZEMBA announces winners of Highly Anticipated E-Fuel Tender

The Zero Emission Maritime Buyers Alliance (ZEMBA) announced that it is deploying two categories of scalable e-fuels in container shipping. This is a key...

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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...