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German Port Congestion, Supply Bottlenecks Weigh on Global Trade

Supply-chain snarls are persisting, with more than 2% of all global shipping capacity at a standstill outside Germany’s North Sea ports. Congestion continued to climb...

Dalian iron ore rebounds on China stimulus hopes

Dalian iron ore futures extended gains to a second session on Tuesday, after top steel producer China signalled an urgent need for additional economic...

Russia will respond to oil price caps by shipping more to Asia – energy minister

Russia will respond to price caps on Russian oil by shipping more supply to Asia, its energy minister Nikolai Shulginov told reporters at the...

Baltic sea freight index falls on lower capesize rates

The Baltic Exchange’s main sea freight index snapped a three-session long streak of gains on Tuesday, due to a fall in capesize and supramax...

Samsung Heavy wins LNG ship order in Bermuda, Africa

Samsung Heavy Industries Co., the world's third-biggest shipbuilder by order backlog, said Tuesday it has received a 1.16 trillion-won (US$850 million) liquefied natural gas...

Havila Shipping sells construction vessel

Havila Sihipping has, according to instructions from the lenders financing Havila Phoenix, entered into an agreement to sell the ship based on principles laid...

Coalition launched to reduce maritime methane emissions

A coalition of shipping leaders is launching today to identify, accelerate and advocate technology solutions for the maritime industry to measure and manage methane...

Exmar LPG orders two dual-fuel LPG carriers

Exmar LPG has placed a firm order for two midsize carriers with Hyundai Mipo Dockyard (HMD) at an undisclosed price.  The 46,000 m³ dual...

Iron ore climbs 4% after selloffs spurred by China COVID woes

Iron ore futures rebounded on Monday after last week’s selloffs, as traders bet the bottom has been reached despite lingering concerns about intensified COVID-19...

OPEC+ agrees small oil production cut

OPEC and its allies led by Russia on Monday agreed a small oil production cut to bolster prices that have slid on fears of...

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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...

Teekay Tankers reports 1Q2026 results; and declares dividends

Teekay Tankers reported the Company's results for the three months ended March 31, 2026 and announced that its Board of Directors has declared its...

Costamare Bulkers: Q1 adjusted net income comes in at USD 12.4 mln

Costamare Bulkers Holdings Limited reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”). Financial Highlights1 and Operational Updates 1. PROFITABILITY -...

TORM plc Q1 2026 results, dividend distribution, and financial outlook 2026

Financial Results In the first quarter of 2026, TORM generated time charter equivalent earnings (TCE) of USD 286m (2025, same period: USD 214m). EBITDA for...

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...

UK to contribute drones, jets and warship to Multinational Mission to secure the Strait...

Defence Secretary announced UK contribution to Strait of Hormuz mission at virtual summit of...

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...

Piraeus Port Authority shows strong resilience despite geopolitical tension

Piraeus Port Authority announced that despite volatility in global logistics driven by geopolitical tensions in the Middle East, the company demonstrated significant resilience, maintaining...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...