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Baltic index falls on decline across all vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday, pressured by declining rates...

OPEC+ plans another oil output hike in November, sources say

OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting next Sunday, as rising oil prices...

Hapag-Lloyd and DHL sign agreement to further decarbonize supply chains

Hapag-Lloyd and DHL Global Forwarding have achieved a major milestone in their joint efforts to decarbonize supply chains. The two companies have signed a...

Havila Shipping ASA: Contract extension with Equinor Energy for Havila Troll

Equinor Energy has exercised one year option for Havila Troll, keeping Havila Troll until November 2026. Equinor Energy has 3 additional options, each for one...

2020 Bulkers Ltd. (2020) – Sale of Bulk Sandefjord, Bulk Santiago and Bulk Shenzhen

2020 Bulkers announced that it has signed agreements to sell each of its 2019 built Newcastlemax vessels, Bulk Sandefjord and Bulk Santiago, and the...

The International Chamber of Shipping opens new office in Singapore

The International Chamber of Shipping (ICS) announced the inauguration of a new ICS Representative Office in Singapore. The new ICS office, opened with the...

Asyad Shipping expands Dry Bulk fleet with $209m investment

Asyad Shipping, the majority Omani state-owned maritime transportation company, has announced that it is acquiring three Newcastlemax Dry Bulk Carriers for a total of...

KNOT Offshore Partners LP reports strong Q2 2025 results

KNOT Offshore Partners LP reported strong Q2 2025 results. Financial Highlights For the three months ended June 30, 2025 (“Q2 2025”), KNOT Offshore Partners LP...

Greece continues to hold the “lead” in international shipping

Greece continues to hold the “lead” in international shipping, remaining in first place worldwide in terms of fleet size and more specifically deadweight tonnage...

Container rates sink to lowest since start of red sea diversions

The cost to ship goods in containers to northern Europe from China fell to the lowest level since Houthi attacks in the Red Sea...

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Piraeus Port sees 1H2025 revenue & profit increase

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Seacon Shipping to acquire 40% stake in CIMC Xinde Leasing and provide guarantee

Seacon Shipping Group Holdings Limited announced that its wholly owned subsidiary has agreed to acquire a 40 percent equity interest in CIMC Xinde Leasing...

KNOT Offshore Partners LP reports strong Q2 2025 results

KNOT Offshore Partners LP reported strong Q2 2025 results. Financial Highlights For the three months ended June 30, 2025 (“Q2 2025”), KNOT Offshore Partners LP...

TORM announces long term incentive program

In accordance with TORM plc’s Remuneration Policy adopted by the Annual General Meeting of TORM on 14 April 2021 and the authorization granted at...

Golar LNG announces pricing of $500 million offering of senior notes due 2030

Golar LNG Limited announced the pricing of a private offering of $500 million in aggregate principal amount of unsecured senior notes due 2030. The...

Carnival raises annual profit forecast on resilient cruise demand, high costs loom 

Carnival Corp raised its annual profit forecast on Monday, leaning on strong demand and...

Baltic index falls on decline across all vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

The International Chamber of Shipping opens new office in Singapore

The International Chamber of Shipping (ICS) announced the inauguration of a new ICS Representative...

Greece continues to hold the “lead” in international shipping

Greece continues to hold the “lead” in international shipping, remaining in first place worldwide...

Baltic Index hits one-and-a-half year high on strong vessel demand

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Piraeus Port sees 1H2025 revenue & profit increase

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

DP World and Hapag-Lloyd renew agreement to boost port operations in Brazil

DP World, a global leader in logistics and supply chain solutions, announces the renewal of a long-term agreement with Hapag-Lloyd, one of the world’s...

Piraeus port: Container traffic remains steady in Jan-Aug

Container traffic at Piers II and III of the Container Terminal at the port of Piraeus remained at approximately the same levels as last...

Port of Los Angeles August cargo remains strong as high volume continues

After reaching new cargo heights in July, Port of Los Angeles volume remained strong in August. The Port efficiently processed 958,355 Twenty-Foot Equivalent Units...

Greek ports: Passenger traffic down; movement of goods up

The total passenger traffic in Greek ports recorded a decrease of 1.1% in the first quarter 2025 compared with the first quarter 2024, the...