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Fairwater, the newest Jones Act Energy and Chemical Transportation Provider, formally launches

Crowley and SEACOR jointly announced the successful formation of Fairwater Holdings LLC. Fairwater, an independent U.S. company, integrates Crowley and SEACOR’s petroleum and chemical...

Iron ore rises to more than 1-week high on upbeat demand outlook, China stimulus hopes

Iron ore futures prices rose to a more than one-week high on Thursday, buoyed by top producer Rio Tinto’s optimistic demand outlook for top...

Baltic index hits over three-month low as rates for all segments drop

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped to a more than three-month low...

Yang Ming appoints new president 

Yang Ming Marine Transport Corporation has made a significant leadership change. On July 31, 2024, during its 396th Board Meeting, Yang Ming approved the...

Teekay Tankers reports second quarter 2024 results

Teekay Tankers reported the Company’s results for the quarter ended June 30, 2024 Second Quarter of 2024 Compared to First Quarter of 2024 GAAP net income...

Maersk Sees Red Sea disruption lasting through 2024

Based on preliminary figures, A.P. Møller – Mærsk A/S reports an unaudited revenue of USD 12.8bn, underlying EBITDA of USD 2.1bn and underlying EBIT...

Dorian LPG announces first quarter fiscal year 2025 financial results

Dorian LPG, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended June 30,...

Star Bulk announces conversion of all Eagle Bulk Convertible Notes

Star Bulk Carriers announced that all the 5% Convertible Senior Notes, issued in July 2019 by our wholly-owned subsidiary, Eagle Bulk Shipping maturing on...

European Commission launches Ship Financing Portal to boost the maritime sector’s green transition

The Ship Financing Portal, designed to improve access to financing for the shipping sector and the wider maritime industry, is now online. The platform, launched...

Norwegian cruise lifts annual profit forecast again as cruise demand soars

Norwegian Cruise Line Holdings on Wednesday raised its annual profit forecast for a third time, riding on sustained demand for luxury voyages and higher...

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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...