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Drewry: World Container Index Down By 3% Last Week

Drewry’s World Container Index decreased by 3% to $2,836 per 40ft container this week. Detailed assessment for Thursday, 04 April 2024 The composite index decreased by...

EU wheat rises as Black Sea risks spur short-covering

Euronext wheat futures rose on Friday, tracking a rally in Chicago as delays to some Russian exports and concern about an escalation in fighting...

Eagle Shareholders Approve Merger With Star Bulk

Eagle Bulk Shipping Inc. announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and...

Saudi Aramco reviewing its production operational plans

Energy firm Saudi Aramco is potentially reviewing operational strategies as the oil giant engages in discussions with drilling companies to suspend its offshore processes...

Golden Energy Offshore Services AS (GEOS) Secures Short Term Contracts

Golden Energy Offshore Services AS (GEOS) has successfully secured short term contracts for Energy Partner and Energy Swan with first class international Charterers, according...

DP World & Rumo To Build New Grain And Fertilizer Terminal At Brazil’s Santos

DP World has joined forces with Brazilian railway operator Rumo to build a new terminal at the Port of Santos, to handle 12.5 million...

Hyundai Heavy held talks with Daewoo Shipbuilding to buy stake – official

South Korean shipbuilding giant, Hyundai Heavy Industries Group, is interested in buying a stake in rival Daewoo Shipbuilding & Marine Engineering, a Hyundai official...

Tankers: Increase in Ton-Mile Demand Boosts Euronav’s Financial Results

Euronav NV reported its final financial results on Friday for the full year to 31 December 2023. The large crude tanker market continued to recover...

Baltic index slips to 1-1/2 month low on weaker vessel rates

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell to its lowest since mid-February on weaker rates...

HMM, SIPG to cooperate on eco-friendly fuel

South Korea’s major ocean carrier HMM Co. announced on Wednesday that it signed a Shanghai Port Clean Marine Fuel memorandum of understanding (MOU) with...

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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...

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to...

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...

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...