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Intermodal Weekly Market Report [W31]

The dry bulk market has seen a rise in secondhand asset values this year. While average earnings have remained healthy, the ratio between earnings...

Korean Shipbuilding Industry eyes on profitable container ships with high market demand

South Korea’s shipbuilding industry is experiencing a resurgence in container ship orders amid a period of high ship prices and ample order backlogs. This...

Iron ore drifts lower as falling near-term demand, high stocks weigh

Iron ore futures prices drifted lower on Tuesday as wider losses induced production cuts among steelmakers in top consumer China and lingering high portside...

Baltic index hits one-week high on capesize strength

The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Tuesday, as gains in the capesize segment overshadowed declines in...

United Maritime returns to profitability

United Maritime Corporation, announced its financial results for the second quarter and six months ended June 30, 2024. The Company also declared a quarterly...

Ardmore Shipping announces leadership changes and cohesive updates to its commercial organization

Ardmore Shipping has announced a series of strategic leadership changes and updates to its commercial organization following news of the upcoming retirement of Founder...

Global Ship Lease Reports Results for the Second Quarter of 2024

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and six month periods ended June 30, 2024. Second Quarter of...

MOL secures class approval for World’s First Wind-Assisted LNG carrier design

Mitsui O.S.K. Lines, Ltd. (MOL) has been awarded approval in principle (AiP) by Nippon Kaiji Kyokai (ClassNK) for the design of a membrane LNG...

Danaos Corporation reports Second Quarter and Half Year Results

Danaos Corporation, one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudited results for the period ended June...

Wallem Group and COSCO enter strategic cooperation agreement

Wallem Group, a leading global maritime partner, is pleased to announce it has signed a strategic cooperation agreement with COSCO Shipping Seafarer Management Company...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

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...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

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...