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Panama Canal reports strong economic health and a vibrant future during its Q3 market call

The Panama Canal Authority (ACP) provided the third quarterly market update, by highlighting key achievements and forward-looking strategies in a call hosted by Managing...

Ørsted secures project financing for Greater Changhua 2

Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise approximately TWD 90...

Toro to sell LPG Carrier Dream Syrax to Robin Energy Subsidiary for $18 mln

Toro, a global provider of energy transportation services, has entered into an agreement to sell its 2015-built 5,000 cbm LPG carrier vessel, Dream Syrax,...

Iron ore hits multi-month high on hopes of China stimulus, steel supply curbs

Iron ore futures gained for a third straight session on Thursday, hitting multi-month highs, as hopes of a new wave of reforms to rein...

Baltic Dry Bulk Index gains on higher rates across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, due to higher rates across...

Enersense sells its Marine and Offshore Unit

Enersense International signed a share purchase agreement to sell its subsidiary Enersense Offshore Oy, which constitutes the company’s Marine and Offshore Unit, to Davie....

Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea

“In recent days, two ships have now been attacked in the Red Sea. One has sunk and the other has suffered extensive damage. These...

Greek tanker fleet steps up ship inspections near Russian ports after mysterious blasts

Greek shipping companies calling at Russian ports are boosting their vessels’ defences after a series of mysterious blasts in recent months have damaged tankers...

K Shipbuilding enters M&A Market, seeks trillion-won valuation

K Shipbuilding Co., a mid-sized shipbuilder which was previously called STX Offshore & Shipbuilding, has been put up for sale. The selling side expects...

Sinokor orders boxships at HD Hyundai

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has signed a contract with an Oceania shipping company to build four container ships. The order...

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Hafnia announces signing of USD 715M revolving credit facility

Hafnia Limited announced the signing of a USD 715 million Revolving Credit Facility on 10 July 2025 secured by a modern fleet of 32...

PPA: Record-high dividend of 1.92 euros per share

The Piraeus Port Authority approved the distribution of the highest dividend in the company’s history, amounting to 1.92 euros (gross) per share for the...

Al Seer Marine secures AED 760 million finance

The Abu Dhabi-based Al Seer Marine, the ADX-listed subsidiary of IHC, has secured AED 760 million ($207m) financing facility from the Abu Dhabi Commercial...

Panama Canal reports strong economic health and a vibrant future during its Q3 market call

The Panama Canal Authority (ACP) provided the third quarterly market update, by highlighting key achievements and forward-looking strategies in a call hosted by Managing...

Ørsted secures project financing for Greater Changhua 2

Ørsted has reached financial close on a project finance package with 25 banks and 5 Export Credit Agencies (ECAs) to raise approximately TWD 90...

Singapore is world’s top maritime centre for 12th consecutive year

Singapore retained its ranking as the world’s top maritime centre, marking the 12th consecutive...

Baltic Dry Bulk Index gains on higher rates across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on...

“In recent days, two ships have now been attacked in the Red Sea. One...

Greek tanker fleet steps up ship inspections near Russian ports after mysterious blasts

Greek shipping companies calling at Russian ports are boosting their vessels’ defences after a...

Trafigura announces strategic alliance with maritime technology provider ZeroNorth

Trafigura Group, a market leader in the global commodities industry, has announced a strategic...

US port operators seek to mitigate hefty expected tariffs on China-built port cranes

U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to...

Syria signs $800 million agreement with DP World to bolster ports infrastructure

Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure...

Roberts Bank Terminal 2 procurement underway, with Vancouver Fraser Port Authority issuing a request for qualifications for a construction team  

The Vancouver Fraser Port Authority has started its search to find the best qualified team to progress construction planning and build the landmass and...

PPA: Record-high dividend of 1.92 euros per share

The Piraeus Port Authority approved the distribution of the highest dividend in the company’s history, amounting to 1.92 euros (gross) per share for the...

Hamburg invests 1.1 billion in port infrastructure expansion

The Elbe approach to the Waltershofer Hafen is to be enhanced and additional terminal yards are created. Navigation towards the Container Terminals Buchardkai (CTB)...