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PIL names its first two 14,000 TEU LNG dual-fuel container vessels

Pacific International Lines named its first two 14,000 TEU container vessels in a ceremony at Jiangnan Shipyard in China yesterday. They are the largest...

Nordic American Tankers announces a long term contract with a major energy company

NYSE listed Nordic American Tankers (NAT) announced a five-year time charter contract with a major international energy company. The rate is in the mid-high 30’s...

Andreas Hageli and Thomas Kittelsen join SSY

SSY, the world’s largest independent shipbroker, announced that Andreas Hageli and Thomas Kittelsen will join the broking group in January 2025 as part of...

Maersk linked to containership order

According to broker reports, Maersk has reportedly placed an order at New Times Shipbuilding for six 16,000 TEU LNG dual fuel containerships. The liner hasn’t...

CCEC files USD 500 mln shelf registration

Capital Clean Energy Carriers (CCEC) has filed a shelf registration for potential ship purchases or debt refinancing. The shipping company could sell USD 500...

Intermodal Weekly Market Report [W41]

In examining global bulk shipments, what stands out is the weakening of corn exports from Brazil, particularly during the second corn crop (safrinha) harves.

Dalian iron ore inches lower on global steel outlook, weak China data

Dalian iron ore futures gave up early gains on Tuesday to close slightly lower, as prospects of softer global demand for steel and weaker...

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...

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Volare Shipping completes listing on Euronext Growth Oslo

Volare Shipping Ltd., the Trafigura Group company established to own, operate and scale a modern fleet of oil tankers, commenced trading on Euronext Growth...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM announced the commencement of a secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord Holdings S.à r.l.,...

2020 Bulkers  – Transaction update

Reference is made to the recent stock exchange announcements published by 2020 Bulkers relating to the acquisition of companies owning or having contracts for...

Stolt-Nielsen posts USD 84.4 million net profit in Q3

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2026. The Company reported a third quarter net...

Danaos Corporation declares quarterly dividend on its common stock for the third quarter of 2026 and an extraordinary special dividend

Danaos Corporation, one of the world's largest independent owners of containerships declared a quarterly cash dividend of $1.00 per share on its common stock...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...