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Baltic Index extends losses to near three-week low on falling vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a near three-week low on...

Greek shipowners: Increased share in November orderbook

Greek shipowners continued the expansion of their newbuilding program in November, with the bulk carrier market emerging as a leading player. According to the new...

Seatrium secures repeat Jack-up Rig contract from International Maritime Industries for Kingdom 4

Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has been awarded a repeat contract by International Maritime Industries , the largest...

BOURBON signs a 5-year contract with ExxonMobil in Guyana

BOURBON announces the signing of a major 5-year contract (with extension options) with ExxonMobil Guyana Limited (EMGL) to provide maritime services in Guyana. It...

US seizes sanctioned oil tanker off coast of Venezuela, Trump says

The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that sent oil...

Knutsen seals Edison deal, orders new LNG carrier

Knutsen OAS Shipping has signed a contract with Edison for the long-term charter of a 174,000 cubic meter vessel for the transportation of liquefied...

Star Bulk provides update for its q4 2025 TCE and coverage

Star Bulk Carriers Corp provided an update to its estimated time charter equivalent rate for the fourth quarter of 2025. On a fleet-wide basis, the...

Hengli Heavy Industries clinches order from Aegean Bulk

Aegean Bulk has reportedly placed an order for four 82,000 dwt Kamsarmaxes at Hengli Shipbuilding, marking its first newbuilding deal in nearly 15 years. The...

Celestyal marks F1 weekend in Abu Dhabi with David Coulthard guest-speaker event

Celestyal has celebrated the start of its second Arabian Gulf season by welcoming back Formula 1 driver, entrepreneur, author and broadcaster David Coulthard. The event,...

Iron ore rebounds as weak China data revives stimulus hopes

Iron ore futures gained on Wednesday, snapping multiple sessions of losses, after soft factory data from top consumer China bolstered hopes of a fresh...

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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...