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NYK and Oono Development sign MoU to commercialize ship recycling business

Nippon Yusen Kabushiki Kaisha and Oono Development have agreed to jointly study the commercialization of ship recycling, in which ships and large offshore structures...

Iron ore climbs on China stimulus hopes, softer stockpiles

Prices of iron ore futures gained ground on Thursday, as prospects of fresh Chinese monetary stimulus and lower inventories overshadowed concerns of the top...

Baltic index rises as rates climb across vessel segments

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as rates across vessel...

IUMI looks to the future of marine insurance at its 150th anniversary conference in Berlin

As part of IUMI’s (International Union of Marine Insurance) 150th anniversary celebrations in Berlin (Germany) this week’s annual three-day conference included a workshop that majored...

Saipem awarded a new offshore contract in Saudi Arabia worth approximately 2 billion USD

Saipem has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field...

CLIA: Statement regarding specific tourism management measures in Greece

The Cruise Lines International Association (CLIA) made a statement regarding specific tourism management measures in Greece. “We appreciate the Government’s desire to ensure a balanced...

d’Amico announces the conclusion of a new 2-year time charter contract

d’Amico International Shipping, an international marine transportation company operating in the product tanker market, announces that its operating subsidiary, d’Amico Tankers D.A.C., signed a...

Venture Global partners with GASTRADE for long-term LNG supply to Europe

Venture Global has announced an expansion into the European market with a long-term agreement with GASTRADE to supply LNG to central and eastern Europe...

Heraklion to host 8th Posidonia Sea Tourism Forum in May 2025, marking a first for Greece’s largest island

Leading cruise industry event to address over-tourism and explore new mediterranean destinations, with global industry leaders set to convene in Crete. The city of Heraklion...

Celestyal unveils new ‘Iconic Arabia’ shore excursion programme

Celestyal has released details of the shore excursion programme for its new-for-2025 ‘Iconic Arabia’ itineraries. Following the recent announcement that both ships will operate...

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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...