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Kumiai Navigation orders ultramax bulker at NACKS

Kumiai Navigation has reportedly ordered an ultramax bulk carrier in China as part of its fleet renewal program. Managing director Tomomaru Kuroyanagi told TradeWinds that...

Flex LNG delivers solid Q1 results

Flex LNG announced its unaudited financial results for the three months ended March 31, 2025. Highlights: Vessel operating revenues of $88.4 million for the first quarter 2025,...

Damen and CEAD join forces to develop 3D-printed HDPE Workboat

Damen Compact Crafts, part of the Damen Shipyards Group, and high-tech company CEAD are launching a collaboration to develop a 3D-printed HDPE Workboat (HWB)...

DP World to launch $2.5bn logistics infrastructure investment in 2025

DP World will invest $2.5 billion this year to expand its global logistics network, launching major infrastructure projects across India, Africa, South America and...

Damen Shiprepair Rotterdam hosts naming ceremony for Petrodec Obana platform

On 21 May 2025, a naming ceremony was held at Damen Shiprepair Rotterdam’s Botlek location for Obana, a self-elevating heavy lift jack-up. The project...

Pyxis Tankers announces financial results for the three months ended march 31, 2025

Pyxis Tankers, an international shipping company, announced unaudited results for the three months ended March 31, 2025. For the three months ended March 31, 2025,...

Iron ore rises on softer US dollar, steady demand

Iron ore futures rose on Wednesday, supported by a softer U.S. dollar and resilient demand for the steelmaking ingredient, although weakness in China’s property...

Baltic index falls to near one-week low

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday to a near...

Hanwha to invest $72M in Philly Shipyard to build LNG carriers

Hanwha Group plans to invest 100 billion won ($71.8 million) in Philly Shipyard, its U.S.-based shipbuilding unit, as part of a long-term strategy to...

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...

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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.

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

US, Iranian forces fire at vessels in waters near Iran

U.S. ​and Iranian forces fired at vessels in waters around Iran on Saturday, including...

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...

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...