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Harim forms consortium with JKL Partners for HMM acquisition

Harim Group, one of South Korea’s biggest agri-food companies, will form a consortium with a mid-size private equity fund JKL Partners Inc. for the...

Safe Bulkers Reports Second Quarter 2023 Results

Safe Bulkers announced its unaudited financial results for the three and six month periods ended June 30, 2023. The Board of Directors of the...

Drought-hit Panama Canal restricts daily crossings in water-saving move

The Panama Canal will extend restrictions on ships’ maximum depth, it said on Tuesday, and it has limited average crossings at one of the...

Rio Tinto H1 profit falls 34% on easing iron ore prices

Rio Tinto reported a near 34% drop in first-half underlying earnings and slashed its interim dividend on Wednesday, as easing iron ore prices offset...

Baltic index logs best day in nearly 5 months on capesize strength

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, on Wednesday posted its biggest single-day gain since March,...

Euroseas: New charters for its two 4,250 TEU containerships

Euroseas announced a mutual agreement to terminate the current charters for its container vessels M/V Rena P and M/V Emmanuel P, while concurrently fixing...

NYK Bulkship (Atlantic) to introduce NYK Group’s first wind-assisted ship-propulsion unit

NYK Bulkship (Atlantic) N.V., an NYK Group company, will introduce a wind-assisted ship-propulsion unit on a bulk carrier engaged in a long-term charter contract...

newcleo, Fincantieri, RINA working on feasibility study for nuclear naval propulsion

newcleo, the clean and safe nuclear technology company developing innovative Generation IV reactors using nuclear waste as fuel, announced today that it has signed...

Europe Gas Rises With Supply Risks as LNG Cargoes Idle at Sea

Liquefied natural gas stored on ships jumped to its highest level since May in a sign that weak demand and high inventories in Europe...

FuelEU Maritime Initiative: Council adopts new law to decarbonise maritime sector

More renewable and low-carbon fuels will reduce the carbon footprint of the maritime sector in the EU following today’s adoption of a new regulation...

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Maersk slides as investors brace for ‘Bleak’ quarters ahead

A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit guidance. Maersk’s underlying earnings before interest, tax,...

International Seaways reports third quarter 2025 results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the...

TORM plc Q3 2025 results, dividend distribution, and financial outlook 2025

“TORM delivered its strongest quarterly result so far in 2025, demonstrating the strength of our integrated operating model and the people behind it,” says...

A Decade on the Stock Exchange: Hapag-Lloyd marks 10 years of sustainable growth and value creation

Hapag-Lloyd celebrates the tenth anniversary of its listing on the Frankfurt Stock Exchange. Since its IPO in November 2015, the Hamburg-based company has evolved...

Dorian LPG profit at highest level in six quarters

Dorian LPG, a leading owner and operator of modern very large gas carriers, announced that its Board of Directors has declared an irregular cash...

Kit Kernon passes away prematurely – Global shipping is poorer

Kit Kernon, one of the most influential people in global shipping, has passed away....

Baltic Index extends gains to hit over two-week high on strong vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Suez Canal Authority denies role in detention of sanctioned Russian tanker

In response to circulating news reports regarding the Suez Canal Authority's detention of the...

Baltic Index rises to two-week high on stronger capesize and panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry...

Baltic Index rises on firmer capesize rates

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry...

AD Ports Group signs agreement with CMA CGM Group to acquire minority stake in Latakia International Container Terminal in Syria

AD Ports Group, a leading global enabler of trade, logistics, and industry, signed a Joint Venture and Shareholders agreement with France-based CMA CGM Group,...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....

Piraeus Port sees revenue increase in 1H2025

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Major new $131 million expansion announced for Port of Mobile container terminal

Port officials have announced plans for yet another expansion to Mobile’s container terminal, capitalizing on a recently completed project to widen and deepen the...