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Yangzijiang wins order for three combination carriers

Yangzijiang Shipbuilding (Holdings) has won a contract from a repeat customer, Klaveness Combination Carriers, to build three 83,300 dwt so-called combination carriers for delivery...

Panama Canal Postpones Depth Restrictions After Much-Needed Rain

The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after...

Container throughput at China’s ports up 4.7 pct in 2022

The container throughput at Chinese ports rose 4.7 percent year on year in 2022, data from the Ministry of Transport shows. A total of 296...

Countries push for CO2 shipping levy as crunch talks loom

Maritime nations including Denmark and the Marshall Islands are rallying support for a global carbon dioxide emissions levy on shipping, with talks at a...

DP World advances electrification projects in Brazil

DP World is accelerating its adoption of renewable energy at the Port of Santos, Brazil’s leading multipurpose private terminal, as a vital step in...

Scorpio Tankers Secures $94 Million Credit Facility

Scorpio Tankers announced that it has received a commitment from DekaBank Deutsche Girozentrale for a credit facility of up to $94 million. The credit facility...

Wallenius Wilhelmsen signs new contract with major EV manufacturer

Wallenius Wilhelmsen has signed a new contract with a major EV manufacturer lasting until the end of 2025. The contract includes both land and...

Eagle Bulk Purchases Oaktree Stake in Company

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk vessel segment, announced that its Board of Directors has approved an agreement...

Drought-hit Panama Canal further restricts maximum ship depth

The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world’s busiest trade passages, the canal authority’s administrator...

Ukraine 99.9% certain Russia will quit Black Sea grain deal in July – envoy

Russia is 99.9% certain to quit a U.N.-brokered deal on the safe wartime passage of Black Sea grain next month because it no longer...

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Wallenius Wilhelmsen delivers another strong quarter

Wallenius Wilhelmsen continued a steady course through Q3, reporting an adjusted EBITDA of USD 471m. Total revenue for Q3 was USD 1,331 and adjusted EBITDA...

Ardmore Shipping Corporation announces financial results for the three and nine months ended September 30, 2025

Ardmore Shipping Corporation announced results for the three and nine months ended September 30, 2025. Highlights and Recent Activity Reported Adjusted earnings of $12.6 million and...

Navigator Gas announces preliminary third quarter 2025 results

Navigator Gas announced preliminary third quarter 2025 results. Third Quarter Financial Highlights On November 4, 2025, the Board of Directors of Navigator Holdings Ltd., (NYSE: NVGS)...

ONE reports $285M Q2 profit; forecasts 2H loss

Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025). The revenue for FY2025 2nd quarter was...

Costamare posts Q3 profit; expands fleet

Costamare Inc. reported unaudited financial results for the third quarter and nine-month period ended September 30, 2025. Discontinued operations as a result of Costamare Bulkers...

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...

Baltic Index hits over three-week low as vessel rates weaken across segments

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

Baltic Index Extends Gains On Rising Capesize Prices

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

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...

Panama Canal begins industry engagement for the development of port terminals

The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both...