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Cadeler Strengthens its Financial Position with the Extension and Increase of its RCF B and Uncommitted Guarantee Lines, and Replacement of its M Class...

Cadeler announced two significant developments in respect of its external debt facilities that, together, underscore the robust support that Cadeler continues to enjoy from...

British International Investment commits up to $35 million alongside DP World into the Democratic Republic of the Congo’s first deepwater container port

British International Investment, the UK’s development finance institution and impact investor, has committed to invest up to $35 million towards the development of the...

Ocean Yield net profit at USD 24.3 mln in Q2

Ocean Yield announced results for the second quarter and first half year 2024. HIGHLIGHTS EBITDA for Q2 2024 was USD 58.5 million and Adjusted EBITDA was...

Strong second quarter performance for ZIM

ZIM reported Financial Results for the Second Quarter of 2024. Highlights Reported Revenues of $1.93 Billion, Net Income of $373 Million, Adjusted EBITDA of $766 Million...

NYK Bulk & Projects to Time-Charter First Methanol-Fueled Bulker

On August 1, NYK Bulk & Projects Carriers Ltd., an NYK Group company, concluded a basic agreement with Kambara Kisen Co., Ltd. (Hiroshima Prefecture,...

Baltic index rises on firm capesize demand

The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities rose on Monday, buoyed by a jump...

China Merchants orders 10 tankers at DSIC

China Merchants Energy Shipping (CMES) officially announced a major step forward in its fleet expansion and sustainability efforts. Through its fully-owned subsidiary, Associated Maritime...

Novatek Set To Dock Second LNG Unit At Sanctioned Arctic Plant

Russian gas producer Novatek PJSC seems to be pushing ahead with an expansion project at its Arctic LNG 2 plant despite Western energy sanctions. A...

MEYER WERFT to build four new ships joining the Disney Cruise Line fleet

MEYER WERFT and Disney Cruise Line will continue their long and successful part-nership: the German shipyard will build four additional ships that will join...

Subsea7 awarded contract on Gulf of Mexico project

Subsea7 announced the award of a sizeable contract in the US Gulf of Mexico. The scope of work includes engineering, procurement, construction, and offshore installation of...

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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...