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Baltic index extends fall as vessel rates falter

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended losses on Wednesday, pulled lower by weaker demand...

Iron ore futures rebound as bargain hunting supports

Iron ore futures rose on Wednesday in a bargain-buying bounce from a slump in previous sessions after investors stayed on the sidelines following China’s...

Venezuela Halts Oil Exports

The new head of Venezuela’s state oil company PDVSA has suspended most oil export contracts while his team reviews them in a move to...

Diana Shipping: Continuation of Time Charter Contract for m/v Polymnia; New Time Charter Contract for m/v Los Angeles

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with CLdN Cobelfret SA, Luxembourg, for one of...

Russia boosts Baltic oil exports in January, Asia remains top destination

Europe’s ban on seaborne Russian oil imports from Dec. 5 has prompted Moscow to divert its crude flows to Asia and failed to curb...

Intermodal Weekly Market Report [W02]

From Feb 5, another price cap will be introduced to Russian fuels and oil products, adding to the one for crude oil, already in...

Dalian iron ore slumps as China economic data dents appetite

Dalian iron ore futures slipped on Tuesday after top steel producer China’s economic growth in 2022 slumped to one of its worst levels in...

Baltic index falls to fresh multi-year lows on lower capesize rates

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, fell to fresh multi-year lows on Tuesday, weighed down...

DP World forecasts further freight rate fall as demand slows

DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows,...

Somalia Takes Back Key Port City

Somalia’s government-led forces have captured an al Shabaab stronghold on the Indian Ocean coast, the defense minister said on Monday, in one of their...

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Odfjell SE 2Q26: A strong financial result

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. reports financial results for the second quarter and six months ended June 30, 2026

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 announces reverse stock split

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 announces financial results for the six months ended June 30, 2026

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 announces Q2 and H1 2026 results

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...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

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...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

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...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

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 Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...