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DNV’s growth continues

DNV reported operating revenues of 34,966 million NOK in 2024 and has already surpassed its revenue target for the 2021–2025 strategy period. The company...

Melina Travlou: “Shipping is the foundation of the economic and geopolitical stability of the European Union”

“Shipping is the heart of Europe. Safeguarding its leading position requires immediate and joint action,” noted Melina Travlou, president of the Union of Greek...

Capital Clean Energy Carriers joins MIT Maritime Consortium to advance research and development of groundbreaking technologies

Capital Clean Energy Carriers, an international owner of ocean-going vessels, announced its participation as a Founding Member of the newly established MIT Maritime Consortium,...

Intermodal Weekly Market Report [W12]

As the shipping industry accelerates its transition towards greener practices, in line with the respective maritime regulations, LNG has emerged as a leading alternative...

Iron ore firms on seasonal China demand

Iron ore futures prices edged higher on Wednesday, underpinned by seasonal demand for the steelmaking ingredient, although output cuts by some steel makers in...

Baltic Index hits two-week low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, marked its lowest level in two weeks...

MPCC: Continues fleet optimization and updates guidance for FY 2025

MPCC announced further strategic measures to optimize the portfolio and enhancing its fleet composition. With reference to the investor presentation issued on 14 March...

NORDEN adds two newbuilding Capesize leases with purchase options

NORDEN announced the addition of two Capesize newbuilding leases with purchase options, reinforcing our commitment to building a highly efficient and modern Capesize fleet....

AD Ports Group and Columbia Group form ship management joint venture

AD Ports Group, an enabler of integrated trade, transport and logistics solutions, and Columbia Group, a leading global integrated maritime, logistics, leisure and energy...

Diana Shipping announces time charter contract for m/v Leto with Cargill

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned...

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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...