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Russia signs memorandum to build port in Myanmar

Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port...

Egypt says dozens of ships return to Suez Canal after ceasefire

Egypt’s Suez Canal Authority said 47 ships have rerouted to use the waterway since the start of February, a tentative recovery after a ceasefire...

OSM Thome welcomes new institutional investors

OSM Thome announced that institutional investors advised by J.P. Morgan Asset Management’s Global Transportation Group will acquire a stake in global ship management company...

OSM Thome Brasil signs full technical management deal with Shell for DP Shuttle

OSM Thome signs a full technical management deal with Shell for a Brazilian Flagged DP Shuttle. The announcement reads: “For several years, the OSM Thome...

MSC, TMS Group add US$3Bn in container vessel orders at Chinese shipyard

Zhoushan Changhong International shipyard has confirmed a newbuilding deal with MSC for four (with a pair of two-vessel extension options) 21,700-TEU LNG dual-fuel container...

Ciner Shipping relocates to Greece

Park Group, also known as Ciner Holding, has decided to relocate its shipping company, Ciner Shipping to Greece. The decision has been communicated to employees,...

COSCO (Greece): New ISO quality and environmental management certifications

COSCO Shipping Lines announced the re-certification of its Quality Management Systems – ISO 9001:2015 and Environmental Management Systems – ISO 14001:2015, as well as...

Vortexa unveils ‘Anywhere Freight Pricing’: The first Port-to-Port freight pricing platform for energy

Vortexa, a leading provider of global energy and freight market analytics, has launched Anywhere Freight Pricing—the world’s first port-to-port freight pricing platform for energy...

Performance Shipping posts USD 43.7 million net income in 2024

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $9.7 million and net income attributable to...

Star Bulk sells Bittern supramax

Star Bulk Carriers revealed the sale of supramax bulk carrier Bittern (57,800 dwt). The price and buyer of the vessel were not revealed.

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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...