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China’s Wuyang Tanker orders two LNG bunkering vessels

Chinese shipping company Fuzhou Wuyang Refined Oil Trading has placed an order for a new LNG bunkering and supply vessel to be built by...

US hits North Korea and Russia with new sanctions, Treasury says

The United States hit North Korea and Russia on Monday with new sanctions targeting Pyongyang's financial and military support to Moscow as well as...

Diana Shipping announces time charter contract for m/v Maera

Diana Shipping, a global shipping company specializing in the ownership and bareboatcharter-in of dry bulk vessels, announced that, through a separatewholly-owned subsidiary, it has...

Iron ore rebounds as China stimulus hopes outweigh weak fundamentals

Prices of iron ore futures rebounded on Monday, as a revival of hopes for monetary easing in top consumer China outweighed faltering near-term demand...

Baltic index rises on gains in capesize vessel segment

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Monday, supported by strong gains...

2025 outlook positive for Wallenius Wilhelmsen

Wallenius Wilhelmsen has updated its outlook, predicting further growth in 2024 and 2025. Specifically, the company said: As communicated during our Q3 results presentation, we are...

Russian tanker splits in storm, spilling oil into Kerch Strait

Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait,...

CMA CGM-led consortium secures terminal concession at France’s Port of Lyon

French utilities provider Compagnie Nationale du Rhône has a awarded a consortium led by shipping company the CMA CGM Group a 30-year concession to...

FSL Trust agrees to sell one product tanker

The Board of Directors of FSL Trust Management, as trustee-manager of First Ship Lease Trust, announces that FSL-1, Inc., a wholly-owned subsidiary of the...

Rongsheng Heavy Industries restarts business

The once bankrupt Chinese shipbuilder Rongsheng Heavy Industries has restarted business under the new name of Jiangsu New Rongsheng Heavy Industry. Rongsheng was previously the...

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Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

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...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

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)...

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...