Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential.
Moreover, the weakness in the...
Samsung Heavy Industries (SHI) has bagged a 609.7-billion-won ($496.4 million) order to build two liquefied natural gas (LNG) carriers for an Oceanian shipper.
The carriers...
HIGHLIGHTS FROM OCTOBER–DECEMBER 2022
Order intake decreased by 24% to EUR 1,638 million (2,150)Service order intake increased by 6% to EUR 791 million (747)Net sales...
On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary –...
In a market where LNG spot prices follow a downward trajectory since late December, period charter rates for LNG vessels are also marginally retreating...
Iron ore futures fell on Tuesday, with the Dalian benchmark price pulling back from the previous session’s contract high, as traders assessed demand in...
The Baltic Exchange’s main sea freight index registered its biggest monthly percentage fall in three years, weighed by weaker demand across all vessel segments.
The...
Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....
Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...
C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...
Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...
Ocean Yield AS announces results for the second quarter and first half year 2026.
Highlights
EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...
The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...
AD Ports Group, a leading global facilitator of trade, logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...