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Intermodal Weekly Market Report [W34]

In recent weeks, Chinese economic data has suggested that the world's second largest economy may be slowing this year and into 2024...

Higher rates across vessel segments prop up Baltic index

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a six-session long streak of declines on Tuesday,...

Maersk Supply Service will Focus on Scale and Competitiveness in Offshore Wind and Offshore Support Vessels

By focusing on fewer business areas and regions, Maersk Supply Service will increase its presence in core markets, increase synergies in its operations and...

OSG Announces Off-Market Share Repurchase

Overseas Shipholding Group, Inc. (NYSE: OSG) (the “Company” or “OSG”) announced that it has agreed to purchase 3,788,639 shares of the Company’s common stock...

First US Gulf offshore wind auction to fuel region’s green hydrogen push

The U.S. Gulf Coast region, the nation's primary offshore source of oil and gas, has cheap electricity and lacks state mandates for renewable energy...

Iron ore retreats as market awaits further China support

Iron ore futures retreated on Monday as traders adopted a wait-and-see stance after last week’s rally, spurred by optimism over China’s policy support for...

Klaveness and Lauritzen demonstrate collaboration as key to success

Torvald Klaveness and Lauritzen Bulkers, leading global dry bulk shipping companies, are pleased to announce a collaboration move that sees Lauritzen Bulkers testing Market...

Regulators push for low-carbon bunker transition for net-zero 2050

Maritime trades have been powered by residual fuels that emit high levels of air pollutants and greenhouse gases for decades, but a growing number...

Economou buys stake in Performance Shipping

George Economou has acquired a stake in tanker owner Performance Shipping. According to a relevant SEC filing, Economou’s investment vehicle, Sphinx, a subsidiary of Maryport...

Gibson Weekly Tanker Market Report [W34]

The state of California is a unique case in the US energy market, particularly when it comes to crude oil…

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Ocean Yield AS announces half yearly financial reports and audit reports

Ocean Yield AS announces results for the first quarter 2026. HIGHLIGHTS EBITDA for Q1 2026 was USD 47.3 million and Adjusted EBITDA was USD 82.3 million. Net...

CMB.TECH Announces Q1 2026 Results: Firing On All Cylinders

CMB.TECH reported its unaudited financial results for the first quarter ended 31 March 2026.

Genco Sends Letter to Shareholders from Chairman and CEO John Wobensmith

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, sent a letter to Genco shareholders...

Diana Shipping Cautions of Significant Downside Risk in Genco’s Share Price

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

Tankers exit Hormuz as Trump, Vance talk up Iran deal prospects

Two Chinese tankers laden with oil exited the Strait of Hormuz on Wednesday, shipping...

MSC Cruises: Focus on cruise development in Rhodes and the Dodecanese

MSC Cruises and Explora Journeys hosted an event aboard the luxury cruise vessel EXPLORA...

New ship recycling joint venture established in Bahrain

Bahrain's Arab Shipbuilding and Repair Yard (ASRY) and Indian ship recycling company the Priya...

Norway joins EU’s Baltic Sea Region cooperation amid greater security focus

Norway said on Monday it has joined the European Union's Strategy ​for the Baltic...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

PPA hosts Georgian delegation to explore cooperation in ports and logistics infrastructure

Piraeus Port Authority (PPA) welcomed a delegation from Georgia, headed by Tamar Ioseliani, who represented Georgia’s Minister of Economy and Sustainable Development, Mariam Kvrivishvili. Ioseliani...

MBS Logistics to be acquired by AD Ports Group

MBS Logistics Group has entered into a binding agreement to be fully acquired by AD Ports Group on 18 May 2026. The transaction covers...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...