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Rio Tinto sees up to $10 billion in divestment potential

Rio Tinto CEO Simon Trott outlined a plan on Thursday to generate $5 billion to $10 billion through divestments and productivity growth, as he...

IMO Assembly adopts new Capacity Development Strategy

The 34th session of the Assembly of the International Maritime Organization (IMO) concluded in London with the adoption of a new strategy to strengthen...

Hapag-Lloyd bids for ZIM

International shipping giant Hapag-Lloyd has made an offer for Zim Integrated Shipping Services. As far as is known, the bid is in the initial...

Diana Shipping announces time charter contracts for m/v DSI Pollux with Stone Shipping and m/v DSI Andromeda with Western Bulk

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Iron ore extends decline as higher supply sours sentiment

Iron ore futures prices slipped for a second consecutive session on Thursday, as mounting global supplies weighed on market sentiment. The most-traded January iron ore...

Baltic Index edges down from near two-year peak as rates drop across all segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, eased from a near two-year-peak on Thursday,...

DCSA welcomes IKEA Supply AG as first shipper to participate in DCSA+

IKEA Supply AG has joined DCSA+, the Digital Container Shipping Association’s partnership programme for advancing digital standards across the container shipping industry. As the...

DRBA commission awards contract to construct New “Green” Ferry

Delaware River and Bay Authority (DRBA) officials announced that the addition of a new diesel-hybrid vessel is one step closer to joining the Cape...

Kinetics invests in and partners with Amogy to advance clean energy solutions for floating power and data center infrastructure

Amogy, a provider of scalable and efficient ammonia-to-power solutions, announced an investment from and strategic partnership with Kinetics, a London-based energy company dedicated to...

DNV awards MSC, Zhoushan Changhong International, and CIMC ORIC AiP for new 21,700 TEU ammonia powered mega-boxship

DNV has awarded an Approval in Principle (AiP) to the joint consortium of MSC, Zhoushan Changhong International, and CIMC ORIC for a new 21,700...

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Trafigura to provide over USD1 billion to support US refineries acquisition by CVR Energy, Inc.

Trafigura US Holdings, Inc. has signed strategic agreements with CVR Energy, Inc. (“CVR”) to support its intended acquisition of the Mandan refinery in North...

Navigator Gas announces preliminary third quarter 2026 results

Navigator Holdings Ltd. (described herein as "Navigator Gas" or the "Company") (NYSE: NVGS), the owner and operator of the world's largest fleet of handysize...

Ardmore Shipping reports Q3 and nine-month 2026 results

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2026. Highlights and Recent Activity Reported net income attributable to common stockholders...

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...

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 Port Authority: Investments surge 84.5% to €126.6 million in 9-month

Piraeus Port Authority (PPA) recorded strong investment momentum in the first nine months of 2026, with capital expenditure rising 84.5% to €126.6 million, while...

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...