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PETRONAS, MISC and MOL announce landmark joint venture to advance cross-border CO2 transportation

PETRONAS CCS Ventures, MISC Berhad , and Mitsui O.S.K. Lines, announced the incorporation of a strategic joint venture, Jules Nautica Sdn. Bhd. This JV...

Globus Maritime Limited reports financial results for the quarter ended March 31, 2025

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated operating and financial results for the quarter ended March 31, 2025. Revenue $8.6 million...

Performance Shipping secures long-term time charter contract at us$23,750 per day with Μercuria for LR1 newbuilding tanker

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered...

Intermodal Weekly Market Report [W24]

The escalation in mid-June 2025, marked by Israeli strikes against Iranian military and energy infrastructure and Iran’s subsequent missile and drone reprisals, has heightened...

Dalian iron ore steady as traders assess mixed Chinese macro data

Dalian iron ore was little changed on Tuesday as traders assessed mixed macroeconomic data and resilient steel demand from top consumer China. The most-traded September...

Baltic Index down on weaker rates for large vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, fell on Tuesday on weaker rates for large...

TEN posts strong Q1 results; EBITDA at $103 million

TEN reported results (unaudited) for the quarter ended March 31, 2025. Q1 2025 SUMMARY RESULTS TEN generated revenues of $197.1 million and operating income of $60.6...

Celestyal unveils for the first time the new cabins of Celestyal Discovery – an investment with a strong Greek footprint supporting the domestic shipbuilding...

Celestyal has released the first official images of its enhanced cabin offering onboard Celestyal Discovery, following the ship’s second extensive winter refit in Athens...

“K” LINE and Yinson Production partner to jointly develop and market FSIU and liquefied CO2 carrier solutions

“K” LINE ENERGY SHIPPING, a London-based subsidiary of Kawasaki Kisen Kaisha, and Yinson Production have entered into an agreement to jointly develop and market...

Tzitzikostas outlines the EU Commission’s priorities for shipping

The European Commission’s key strategies regarding the maritime industry were presented by the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, during an...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Iran blacklists more ships trying to sail through Hormuz, govt website shows

Iran has added more ships it deems as non-compliant and subject to fines, confiscation...

Celestyal announces 2028 summer Mediterranean programme

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September...

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia, the world's biggest crude exporter, said on Wednesday that an Iranian attack...

Celestyal launches ‘Uncrowded, Unforgettable, Authentically Med’ winter campaign with fares from €469pp

Celestyal has launched a new winter campaign, ‘Uncrowded, Unforgettable, Authentically Med’ - live from...

Celestyal unveils new winter sailings onboard Celestyal Journey

Celestyal has unveiled seven new winter 2027/28 sailing options onboard the 1,260-guest Celestyal Journey,...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...