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Panama Canal To Keep Limits In Place As Drought Hits Lake Levels

The Panama Canal will likely keep restrictions on shippers in place this year as a drought has caused water levels at its main lake...

Shipping Industry Faces Net Zero Emissions Target, Draft Plan Reveals

Shipping’s global regulator is closing in on a new target of net zero emissions by 2050, inching the industry closer to alignment with the...

Slow tanker fleet growth, robust crude trade signal strong H2 2023 freight outlook

Surging Chinese oil demand, a lingering war in Ukraine, record-low order book and robust crude trade flows have led to a bullish outlook for...

Celestyal reveals new ship Celestyal Journey

Celestyal has unveiled the long-awaited details of its new ship, Celestyal Journey, following its extensive multimillion refurbishment and technical overhaul. The ship’s name embodies the...

United Maritime: Sale of Remaining Tanker; Acquisition of Panamax Vessel

United Maritime Corporation, announced that it has entered into an agreement with an unaffiliated third party for the sale of its remaining LR2 tanker...

Dalian iron ore scales 15-week peak on China stimulus hopes

Dalian iron ore futures climbed to their highest levels in 15 weeks on Thursday, underpinned by renewed optimism around prospects of further stimulus to...

Diana Shipping: Signing and Drawdown of US$100 Million Term Loan Facility

Diana Shipping announced that on June 26, 2023, it signed a term loan facility with DNB Bank ASA for up to US$100 million with...

Cyprus Shipping Chamber welcomes ship recycling deal

The Cyprus Shipping Chamber (CSC) welcomed the ratification of the Hong Kong Convention on Safe and Environmentally Sound Ship Recycling by Bangladesh, one of...

Baltic index extends retreat as vessel demand slips

The Baltic Exchange’s main sea freight index extended decline for a fourth straight session on Thursday, pressured by lower rates across all vessel segments. The...

Panama Pledges to Purge More Substandard Ships From World’s Largest Registry

The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent substandard Panama-flagged ships from being detained...

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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...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

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...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

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...