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Panama Canal water levels at historic lows

The Panama Canal’s water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel...

Iron ore prices hold up on near-term China demand outlook

Iron ore prices rose on Wednesday, underpinned by expectations of resilient near-term steel demand in China, although gains were capped amid concerns about a...

Capesize uptick propels Baltic index

The Baltic Exchange’s main sea freight index rose on Wednesday, supported by gains in the capesize segment. The overall index, which factors in rates for...

Neptune Lines orders two dual-fuel PCTCs in China

Neptune Lines has ordered two next-generation vessels, specially designed for its short sea trades, with Fujian Mawei shipyard in China. The 4,200 CEU dual-fuel pure...

Ardmore Announces Equity Buyback Program

Ardmore Shipping Corporation (NYSE:ASC) announced a share repurchase program. Under the program, the company will repurchase up to $50 million worth of its shares.

Iron ore rally cools as traders assess China demand prospects

Dalian iron ore dipped on Tuesday while the Singapore benchmark trimmed gains, as traders weighed China’s measures to revive its struggling property sector against...

BIMCO Sees Positive Tanker Market Prospects

BIMCO forecasts that the crude tanker market will see cargo volume growth of between 2.0% and 3.0% in 2023 and between 3.5% and 4.5%...

Intermodal Weekly Market Report [W35]

Pitching up from Spring, oil prices have been under considerable pressure due to sluggish market fundamentals, or at least the perception of such, individual...

Baltic index slips as capesize losses outweigh panamax gains

The Baltic Exchange’s main sea freight index declined on Tuesday as capesize rates hit a near six-month low, offsetting a rise in panamax vessel...

Celestyal Journey Departs On Maiden Aegean Voyage

This weekend saw the new North Star of the Celestyal fleet, Celestyal Journey, set sail on her maiden voyage around the Aegean, cruising in...

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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...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

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...

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...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...