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NYK to Make Mitsubishi Ore Transport its Wholly-Owned Subsidiary

NYK agreed to obtain all the shares of Mitsubishi Ore Transport Co., Ltd. (MOT) from Mitsubishi Corp. (MC), Tokio Marine & Nichido Fire Insurance...

Carnival Corp Posts Smaller-Than-Expected Quarterly Loss

Cruise operator Carnival Corp on Monday reported a smaller-than-expected quarterly loss and beat estimates for revenue, helped by resilient demand for leisure travel, higher...

Spain Tightens Rules on Ship-to-Ship Oil Transfers

The Spanish government has tightened its rules around ship-to-ship oil transfers after an uptick in the activity along its coastline. Oil tankers seeking to carry...

Iron ore snaps losing streak, but China demand jitters linger

Dalian and Singapore iron ore futures rebounded on Monday from oversold levels, although traders’ disappointment particularly over tepid demand for construction steel products in...

Baltic index falls on lower vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities fell on Monday, pressured by lower shipping rates for...

Russia-Bound Containers Stuck At Antwerp Port For Over A Year

Five Russia-bound containers from India’s Jindal Stainless Ltd (JSL) JIST.NS have been stuck at the Belgian port of Antwerp for around a year, unable...

Spain Urges LNG Importers To Cut Ties With Russia

Spain, the biggest European buyer of liquefied natural gas from Russia, is urging importers not to sign new contracts with Moscow as it seeks...

Eva Birgitte Bisgaard steps down as chief commercial officer at Maersk Tankers

Eva Birgitte Bisgaard is stepping down from her role as chief commercial officer at Maersk Tankers. Christian M. Ingerslev, chief executive officer of Maersk Tankers,...

Global Goods Trade Softening from 2022’s Record Level

International commerce soared to a record of $32 trillion in 2022, but goods trade growth is expected to increase by only 1% in the...

Frontline’s Fredriksen appointed to Euronav supervisory board

Belgium’s Euronav said its shareholders had overwhelmingly voted to elect John Fredriksen of peer Frontline, a major investor that pulled out of a merger...

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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...