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Hapag Lloyd posts stronger fourth-quarter earnings

 Hapag-Lloyd published preliminary business figures for 2024. EBITDA and EBIT slightly higher than in 2023  Transport volume up 5%, to 12.5 million TEU Average freight rate at...

Nordea shows strength & resilience in 2024 financial results

Nordea presented fourth-quarter and full year results 2024. Continued income growth. Total income was up 1%. Net interest income was down 5% following policy rate...

Scorpio takes DHT stake to 7.45 pct

Scorpio Tankers has taken its shareholding in DHT Holdings from 4.9% to 7.45%, at a cost of USD 131.5 million. “Scorpio acquired the securities reported...

Celestyal extends inaugural Arabian Gulf season

Due to overwhelming demand for its inaugural Arabian Gulf season, Celestyal has announced an additional ‘Desert Days’ sailing. This new voyage – departing from...

United Maritime sells oldest Capesize

United Maritime Corporation, a NASDAQ-listed company, announced on Tuesday that it has entered into an agreement with an unrelated third party for the sale...

d’Amico Tankers Signs Charter Deals for Five Vessels

d’Amico International Shipping has, through its subsidiary d’Amico Tankers D.A.C. (Ireland), signed time charter agreements for five vessels. The new time charter agreements are for...

Celebrity Cruises to launch river cruises in 2027

Celebrity Cruises has announced plans to enter the river cruise market in 2027, launching Celebrity River Cruises with 10 new ships. Bookings will open...

Vale posts highest annual iron ore output since 2018 despite fourth-quarter slide

Brazilian miner Vale posted on Tuesday its highest annual iron ore production since 2018, even after a decline in output in the fourth quarter...

Baltic index falls to 23-month low as capesize and supramax rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its losses to a nearly two-year...

The strategy for making the Greek flag more appealing to shipowners

The strategy for bolstering the Greek flag to make it appealing to Greek shipowners was described by the chairman of the Greek Shipping Cooperation...

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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.

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

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...

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...