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Baltic index falls over one-month low as rates decline across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest in more than one...

Maersk launches Korosho Express ocean service to support Tanzania’s Cashew Trade

Mae A.P. Moller – Maersk announced the launch of its new seasonal ocean service, the Korosho Express, specifically designed to support the Tanzania cashew...

OPEC cuts 2024, 2025 global oil demand growth view again

Crude Oil Price MovementsIn September, the OPEC Reference Basket (ORB) value declined by $4.82/b, or 6.1%, m-o-m, to average $73.59/b. The ICE Brent’s front-month...

Hanwha Group announces final offer for Dyna-Mac

Hanwha Ocean SG Holdings announced its revised final offer for all the issued ordinary shares in the capital of Dyna-Mac Holdings. The Offer price...

Shearwater secures consecutive towed streamer projects in Asia Pacific

Shearwater Geoservices Holding announces the award of two consecutive towed streamer survey projects in the Asia Pacific Region with a combined duration of 3...

Egypt and Greece strengthen energy ties with new natural gas partnership

Minister of Petroleum and Mineral Resources Karim Badawi witnessed the signing of partnership agreement between the Egyptian Natural Gas Holding Company (EGAS) and Copelouzos...

Iron ore futures advance as fresh Beijing stimulus hopes lift steel market outlook

Iron ore futures climbed on Monday as renewed prospectsof further fiscal stimulus from China following a key government briefing lifted sentiment in the top...

Baltic index extends gains as capesize rates rise

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second consecutive session on Monday,...

Yangzijiang Shipbuilding shares fall on arbitration proceedings news

Yangzijiang Shipbuilding Holdings' shares dropped Monday morning following news of arbitration proceedings against three of the company's subsidiaries for alleged breach of contract. Shares of...

DP World to boost UK trade with £1bn expansion of London Gateway

Global logistics giant DP World announced a £1bn expansion of London Gateway to make it Britain’s largest container port within five years in a...

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TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

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...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

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...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

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...