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Iron ore nears two-week high on stimulus bets, post-holiday restocking

Iron ore futures prices climbed on Monday to their highest in nearly two weeks, buoyed by hopes of potential measures to bolster the feeble...
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Overcapacity Still Plaguing Container Shipping

On 26 March 2024, a 9,971 teu container vessel ‘DALI’ collided with the Francis Scott Key Bridge near the Port of Baltimore. The vessel...
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Korean Shipbuilders Enjoy Increases in Orders for LPG and LNG Carriers in Q1 2024

While global ship orders in 2024 fell from 2023, orders for high-value-added ships such as liquefied natural gas (LNG) and liquefied petroleum gas (LPG)...
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Baltic index slips to near 2-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index slipped to its lowest level in nearly two months on Monday, pressured by weaker rates across...
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Gearbulk Signs Contract For Up To Four 82,300 Dwt Open Hatch Vessels For Delivery In 2027

Gearbulk has signed a contract for delivery of up to four ammonia/ methanol-ready, 82,300 dwt Open Hatch newbuildings. The contract is firm for two...
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Trafigura announces management changes

Trafigura, a market leader in global commodities, announces that at the March Board meeting, Executive Director Jose Maria Larocca notified the Board of his...
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Yemen’s Houthis Say They Targeted Western Ships

Houthi forces in Yemen said on Sunday they had launched rockets and drones at British, U.S. and Israeli ships, the latest in a campaign...
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One Dead, Two Seriously Injured After Fire Hit Pemex Oil Platform In Mexico

At least one contractor was killed after a fire struck an offshore platform operated by Mexico’s national oil company Pemex, the firm said in...
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Drewry: World Container Index Down By 3% Last Week

Drewry’s World Container Index decreased by 3% to $2,836 per 40ft container this week. Detailed assessment for Thursday, 04 April 2024 The composite index decreased by...
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EU wheat rises as Black Sea risks spur short-covering

Euronext wheat futures rose on Friday, tracking a rally in Chicago as delays to some Russian exports and concern about an escalation in fighting...
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Golden Ocean reports first-quarter loss

Golden Ocean Group Limited, the world's largest listed owner of large size dry bulk vessels, announced its unaudited results for the quarter ended March...

Safe Bulkers maintains strong balance sheet in Q1; takes delivery of 12th newbuild

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three-month periods ended March 31, 2025.

ZIM reports financial results for the first quarter of 2025

ZIM Integrated Shipping Services announced its consolidated results for the three months ended March 31, 2025. First Quarter 2025 Highlights Net income for the first quarter...

Global Ship Lease reports results for the first quarter of 2025

Global Ship Lease, an owner of containerships, announced its unaudited results for the three months ended March 31, 2025. First Quarter of 2025 Highlights and...

New Fortress Energy posts quarterly loss as all segments show weak performance

New Fortress Energy posted a loss in the first quarter on Wednesday, as the U.S. LNG firm struggled with weak performance across its segments,...

Baltic Index inches lower on weaker capesize rates

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

Baltic index down on lower capesize rates

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

Stealth Maritime Corporation S.A. collaborates with Nutrigem Maritime Wellbeing Professionals

Stealth Maritime Corporation S.A. has entered into a new collaboration with Nutrigem Maritime Wellbeing...

Denmark first to launch data-driven remote pilotage

With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating...

Baltic Index Hits Over 1-Week Peak On Higher Capesize Vessel Rates

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

Savannah container trade up 17 percent in April

The Georgia Ports Authority had its busiest April ever for container trade, moving 515,500 twenty-foot equivalent container units last month. The Port of Savannah...

PPA: Upgrade works at Piraeus port ahead of the summer season

The upgrade works on the infrastructure at the main passenger port of Piraeus are progressing rapidly, in view of the summer season and the...

April port of Los Angeles volume robust ahead of drop coming from tariffs

The Port of Los Angeles handled 842,806 Twenty-Foot Equivalent Units (TEUs) in April, 9.4% more than last year. After four months, the Port of...

NYK to build and operate next-generation finished-vehicle logistics terminal at Port of Barcelona

On May 7, NYK was awarded a 27-year concession from Port de Barcelona for a finished-vehicle logistics terminal at the port. The new facility, scheduled...

Port of Long Beach Busiest in U.S. through First Quarter

Coming off its best first quarter on record, the Port of Long Beach is the nation’s busiest port through the first three months of...

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