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Port Houston Sets New Container Record

Container volume continues to break records at Port Houston. Total container volume in August was 382,842 TEUs, which is 20% more than the same...

Performance Shipping: US$45,000/day time charter contract for 7-10 months

Performance Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Trafigura Maritime Logistics Pte Ltd for...

DSME wins $422 million order for two LNG carriers

Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) said Thursday that it has clinched a 595.9 billion-won ($422 million) order to build two liquefied...

Germany broadens crude import horizons as Russian flows dry up

Germany, Europe’s biggest oil consumer, has more than doubled its sources of imported crude in recent months, according to shipping data, as its refiners...

Iron ore rebounds on rising China steel output, stimulus hopes

Iron ore futures rebounded from two-week lows on Thursday (Sep 22), bolstered by rising steel output in top producer China and expectations of higher...

Capesize, panamax drag Baltic dry bulk index lower

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday pressured by declines in capesize and...

Hoegh LNG Partners shareholders approve merger

Höegh LNG Partners LP ( NYSE: HMLP) (the "Partnership") announced that at a special meeting, the Partnership's common unitholders voted on and approved the...

Surging Shipping Costs Threaten Next Energy Crunch

Costs for shipping energy are surging as Europe’s scramble for supplies creates a shortage of vessels to carry essential fuels this winter. Ships are carrying...

Americas east-facing VLCC freight climbs 39%

VLCC freight rates for hauling crude from the US Gulf Coast to China have hit a two-year high at lump sum $10 million, attributable...

Iron ore, steel futures fall on China demand worries

China’s iron ore and steel futures dipped on Tuesday, as concerns about the country’s persistent zero-COVID policy and ailing property sector keeping demand subdued...

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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...