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Port of Los Angeles: People, Planet and Performance top priorities in 2025

With a focus on people, planet and performance, Port of Los Angeles Executive Director Gene Seroka outlined the Port’s agenda for the coming year...

HMM signs MOU for Vadhvan Port development cooperation in India

HMM has signed a Memorandum of Understanding with the Jawaharlal Nehru Port Authority to collaborate on developing Vadhvan Port in India. Under the MOU, HMM...

Korean shipbuilder wins $2.6 billion order for LNG-powered vessels

HD Korea Shipbuilding & Offshore Engineering secured orders for 12 LNG dual-fuel container ships worth 3.716 trillion won ($2.6 billion), marking its first contract...

Baltic index extends fall to 23-month low

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended losses to a 23-month low on...

Yemen’s Houthis free crew of Galaxy Leader after over a year, Al Masirah TV reports

Yemen's Iran-aligned Houthis have released the crew of the Galaxy Leader more than a year after they seized their Bahamas-flagged vessel off the Yemeni...

DP World says sea freight prices could fall 20% if Red Sea attacks curbed

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World’s deputy chief executive said,...

Greeks discuss future of shipping

Speaking at a Hellenic Chamber of Shipping event, the president of the Hellenic Shipowners’ Association Melina Travlou underlined the excellent cooperation between the Hellenic...

Port of Long Beach Marks 20 Years of Leading Green

The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the...

Aker Solutions signs long-term strategic partnership with Vår Energi

Aker Solutions enters a strategic partnership agreement to deliver maintenance and modification services on Vår Energi operated assets and projects on the Norwegian Continental...

Performance Shipping extends time charter for M/T P. Monterey at US$28,000 per day for 12 months

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has extended the...

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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...