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Oil Tanker Rates Bubbling Up As Russia Disrupts Trade

Benchmark oil tanker earnings topped $50,000 a day for the first time in more than two years as Russia’s invasion of Ukraine upends global...

U.N. Ship Leaves Ukraine With Wheat For Ethiopia

The third vessel charted by the United Nations World Food Program (WFP), left Ukraine’s Chornomorsk Black Sea port with around 30,000 tonnes of wheat...

Korean Shipbuilders Selected for Qatar LNG Development Project

QatarEnergy has recently selected three shipowners to order eight LNG carriers in its LNG development project. The shipowners and Daewoo Shipbuilding & Marine Engineering...

Pacific Coast port volumes stumble as US demand turns bearish

US West Coast ports reported sliding throughput figures for August as tepid demand for ex-Asian cargoes pressured the market, while US East Coast volumes...

Suez Canal authority to raise transit fees by 15% in 2023

Egypt plans to raise fees for ships passing through the Suez Canal by 15% in 2023, the canal authority’s chairman Osama Rabie said on...

Gibson Weekly Tanker Market Report [W37]

After many months of intense political negotiations, President Biden signed the Inflation Reduction Act (IRA) into law on 16th of August 2022...

Hapag-Lloyd takes 49% stake in Spinelli Group

Hapag-Lloyd and Spinelli Group have entered into an agreement to join forces. The German carrier will acquire a 49% in Italian logistics group Spinelli from...

Maersk Tankers expands executive team

Maersk Tankers is moving to reorganize the business that manages chartering, partner and operations activities. It also announced that it will be adding two...

Seaspan Cancels Shipbuilding Order

Seaspan, a wholly-owned subsidiary of Atlas Corp., announced an update to Atlas' May 17, 2022 press release regarding contracts for four 7,700 TEU dual-fuel...

Port of Los Angeles cargo volume eases in August

After record-breaking cargo volume in 2021 and the first half of 2022, the import surge at the Port of Los Angeles slowed in August....

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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...