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Capesize, panamax gains drive Baltic index higher

The Baltic Exchange’s main sea freight index rose for a fourth straight session on Thursday, helped by higher rates for capesize and panamax vessels. The...

APM Terminals extends concession of Kalundborg container terminal

APM Terminals has reached an agreement with the Port of Kalundborg to extend the concession of Kalundborg container terminal by 10 years to 2033. In...

Trafigura publishes 2023 interim results showing a strong performance

Trafigura, a market leader in the global commodities industry, released its 2023 Interim Report today for the six-month period ended 31 March 2023. The results...

Iron ore hovers near seven-week high on hopes for China stimulus

Benchmark iron ore futures rose on Wednesday, hovering near seven-week highs, with traders clinging on to hopes for more stimulus from China as gloomy...

China May coal imports fall on tepid demand, high inventories

China’s coal imports dropped in May from the previous month, Reuters calculations based on official data showed on Wednesday, as weak demand from power...

Baltic rises to over 3-month peak on firm demand for larger vessels

The Baltic Exchange’s main sea freight index rose on Wednesday to scale its highest in more than three months, on higher rates for capesize...

Avance Gas orders LPG/ammonia carriers

Avance Gas has entered into a newbuilding contract with CIMC for the construction of two mid-sized LPG/ammonia carriers with dual fuel engines that can...

Diana Shipping Announces Time Charter Contract for m/v New York

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Pte. Ltd., Singapore, for one...

Russian Crude Exports Stay High as OPEC+ Partners Call for Clarity

Russian crude oil flows to international markets continue unabated, with no substantive sign of the output cuts that the Kremlin insists the country is...

S. Korea: Big 3 In 14 Trln Won Talks for Qatar LNG Vessels

HD Hyundai Heavy Industries, Hanwha Ocean, and Samsung Heavy Industries, collectively known as the Big 3 of South Korean shipbuilding, are set to begin...

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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,...

NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

The net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset...

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...

Polish Shipping Association newest member of the International Chamber of Shipping

The International Chamber of Shipping (ICS) is pleased to announce the Polish Shipping Association...

Celestyal becomes the first cruise company in Greece to receive SETE’s METRON sustainable tourism...

With an exceptionally high overall ESG score of 93.33% and strong performance across the...

Melina Travlou on Posidonia 2026: Shipping as a force of stability and cohesion

“In an era of geopolitical realignments, uncertainty and multiple crises, shipping remains a force...

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...