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Havila Shipping ASA signs contract with Peterson Den Helder BV for PSV Havila Borg

Havila Shipping ASA has signed a contract with Peterson Den Helder BV for the PSV Havila Borg on market terms. The contract is planned to...

Tanker involved in UK ship collision spilled fuel, says manager Crowley

The Stena Immaculate tanker involved in Monday's collision with another ship off the coast of northeast England was reported to have released some jet...

Clarksons posts new profit record

Clarkson PLC announced preliminary results for the 12 months ended 31 December 2024. Summary ·       Another record underlying profit before taxation* of £115.3m (2023: £109.2m), an...

Global Chartering Limited and SEKAVIN sign cooperation agreement

Global Chartering Limited, a joint venture between ArcelorMittal and DryLog, and SEKAVIN have agreed to develop a strategic partnership to strengthen cooperation in the...

Iron ore falls on concerns over demand outlook

Prices of iron ore futures slipped on Monday as caution over U.S. tariffs and China’s pledge to cut crude steel output this year clouded...

Baltic index scales 14-week peak on larger vessel rate gains

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a more than 14-week high...

Seaspan to build made-in-Canada heavy polar icebreaker

Seaspan Shipyards has been awarded the construction contract to build one of the Canadian Coast Guard’s new heavy polar icebreakers. The polar icebreaker will be...

A.P. Moller Capital acquires 40% stake in Philippines logistics company

A.P. Moller Capital, through EMIF II Holding III B.V., has entered into a binding agreement to acquire 40% of AC Logistics, currently a wholly-owned...

Russian tanker group Sovcomflot expects more pressure from Western sanctions after profit slump

Russia's leading tanker group Sovcomflot on Friday blamed Western sanctions for a profit slump in 2024 and warned that new restrictions imposed on its...

MOL acquires LBC Tank Terminals

Mitsui O.S.K. Lines announced its decision to acquire 100% of the membership rights of LBC Tank Terminals Group Holding Netherlands Coöperatief U.A., one of...

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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...