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Baltic index hits two-week peak on higher capesize rates

The Baltic Exchange’s main sea freight index rose to a two-week high on Thursday, helped by a jump in capesize vessel rates. The overall index,...

Maersk Finalizes ECO Delivery Deal with Amazon

A.P. Moller - Maersk (Maersk) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s...

Danish supreme court rules against Maersk and TotalEnergies in tax case

Denmark's supreme court on Wednesday ruled against Maersk and TotalEnergies in a tax case involving the alleged misuse of transfer pricing in the companies'...

Diana Shipping: Direct Continuation of Time Charter Contract

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Reachy Shipping (SGP) Pte. Ltd., for one...

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...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...