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Brazil’s yearly soybean exports top 100 million tons for the first time

Brazil, the world’s largest soybean exporter, has for the first time ever exported over 100 million metric tons of the oilseed within a year,...

TORM: Capital increase in connection with delivery of 2016-built MR vessel

With reference to Company Announcement no. 23 dated 09 November 2023 regarding TORM plc Q3 2023 results where TORM announced the acquisition of four...

Intermodal Weekly Market Report [W50]

As 2023 draws to a close, the global shipping industry confronts significant challenges due to environmental and geopolitical issues impacting the Panama and Suez...

Performance Shipping Announces Full Prepayment Of Piraeus Bank Loans & Significant Reduction Of Finance Costs

Performance Shipping announced the voluntary prepayment in full of its existing loans with Piraeus Bank S.A.. The voluntary prepayment amounts to approximately US$44.8 million. The...

Samsung Heavy ordered to pay SK $290 million for carrier defects

Samsung Heavy Industries has been ordered to pay $290 million in compensation to SK Shipping for defects in two liquefied natural gas (LNG) carriers...

Iron ore extends fall on weak data, sentiment

Iron ore futures extended losses on Monday, as some investors unwound long positions amid persistently weak data and fading hopes for more stimulus in...

Baltic index hits three-week low as capesize rates weigh

The Baltic Exchange’s dry bulk sea freight index hit a three-week low on Monday, mainly weighed down by a decline in rates for bigger...

Adani Ports to sell Ennore terminal stake to MSC unit for $30 mln

India's Adani Ports (APSE.NS) on Friday said it will sell a 49% stake in its Ennore Container Terminal located in the southern city of...

Edda Wind secures green term loan facility agreement

Edda Wind announced it has entered into a green term loan facility agreement for the pre- and post-delivery financing of four vessels under construction...

Capital Product Partners Announces Results of Rights Offering

Capital Product Partners L.P. announced the final results of its previously announced rights offering to raise proceeds of up to $500,000,000 (the “Rights Offering”). The...

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TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

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...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Greek ferry sector ‘battered’ by soaring fuel costs

The Greek ferry sector is being squeezed by soaring fuel costs, with the price...

Strait of Hormuz ship crossings remain in single digits, data shows

Vessel transits through the Strait of Hormuz ​remained in the single digits at four...

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...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

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...