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Trafigura secures USD3.2 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities...

Carnival reports record-setting operating results, outperforms Q3 guidance & raises full year guidance for 3rd time

Carnival Corporation & plc announced financial results for the third quarter 2024 and provided an updated outlook for the full year and an outlook...

A.P. Moller Holding launches Vioneo to pioneer fossil-free plastics production

A.P. Moller Holding has launched Vioneo, a new venture dedicated to transforming plastics production. Vioneo will manufacture fossil-free plastic resins and significantly reduce the...

Castor Maritime Announces Vessel Acquisition

Castor Maritime, a diversified global shipping company, announced that it has entered, through a separate wholly-owned subsidiary, into an agreement with an unaffiliated third-party...

Seanergy Mails Letter to Shareholders Highlighting its Commitment to Delivering Value to All Shareholders

Seanergy Maritime Holdings Corp. announced that it has commenced mailing of proxy materials to its shareholders in connection with the Company’s 2024 Annual Meeting...

US ports brace for shut down as dockworkers strike

A dockworkers' strike is set to shut down ports across much of the US indefinitely, threatening significant trade and economic disruption ahead of the...

Brent crude oil expected to average $81.52/bbl in 2024

Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over OPEC’s plans, with prices expected...

Iron ore soars to near 3-month high on China’s fresh property stimulus

Iron ore futures surged to a near three-month high on Monday, propelled by improving demand outlook on the back of top consumer China’s latest...

Baltic Index Falls As Rates Decline Across All Vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Monday pressured by losses across...

ABS approves ammonia fuel retrofit solution from Nikkiso

An ammonia fuel supply system that can be retrofitted to existing vessels or installed on new builds has earned approval in principle (AIP) from...

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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...