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Planned US Auto Tariffs Shake Global Industry as Price Hikes, Job Losses Loom

The United States’ announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global vehicle suppliers warned of immediate...

TEN Reports Profits for the 12 Months and Fourth Quarter Ended December 31, 2024

TEN, Ltd (TEN) reported results (unaudited) for the twelve months and fourth quarter ended December 31, 2024. TWELVE MONTHS 2024 SUMMARY RESULTS TEN generated $804.1 million...

Baltic index down for third straight session on lower capesize rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on...

Celestyal unveils new itineraries and maiden calls for 2025/26 winter sun season

● Four new 14-night repositioning cruises for 2025/26 Arabian Gulf season ● Maiden calls to four new ports and two countries ● The line will return...

The Swedish Club reports strong 2024 results, bolstered by member loyalty and strategic focus

The Swedish Club has delivered strong results for 2024, posting a USD 34 million profit and significantly increasing free reserves to USD 217 million,...

Seanergy Maritime announces fixed income investor meetings

Seanergy Maritime Holdings, through Norwegian investment banks, will arrange a series of fixed income investor meetings in the Nordic bond market, commencing March 28,...

Global Shipping Insurance may shift if Russia sanctions end, Bimco says

The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s so-called shadow fleet, provided...

HMM takes delivery of its first methanol-powered containership

HMM takes delivery of ‘HMM GREEN’, a 9,000 TEU methanol-powered containership. This vessel is the first of nine sister ships ordered in February 2023...

McDermott selected by Shell for enterprise framework agreement

McDermott has been selected by Shell Global Solutions International B.V. for an Enterprise Framework Agreement for engineering and procurement services and integrated project management...

CMA CGM and ABB collaborate on parametric roll algorithm to enhance ship safety

Technology leader ABB, and the CMA CGM Group, a global player in sea, land, air and logistics solutions, are collaborating on a new parametric...

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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.

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

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

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

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...