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Port of Los Angeles: Container dwell fee put on hold through Sept. 23

The San Pedro Bay ports of Los Angeles and Long Beach will postpone consideration of the “Container Dwell Fee” for four weeks, until Sept....

Gibson Weekly Tanker Market Report [W34]

In recent months all clean tanker segments have enjoyed very healthy rates and earnings, which have been essentially driven by evolving trade flows due...

Golden Ocean delivers strong result in second quarter of 2022

Golden Ocean, the world’s leading owner of large size dry bulk vessels, announced its unaudited results for the three and six month period ended...

Maersk’s divestment of MCI discontinued

Maersk and China International Marine Containers (CIMC) announced the termination of the previously announced transaction whereby CIMC would acquire Maersk Container Industry (MCI), a...

Baltic Dry Index Falls Sharply as Capesize Rates Plunge 30%

The Baltic Exchange’s main sea freight index registered its worst fall in three months on Thursday, weighed down by lower demand for coal and iron...

Britain’s Christmas Is Already Under Threat…

Strikes at Britain’s biggest container port this week have already caused major disruption to trade and are threatening retailers’ busiest season of the year,...

Iran Aiming to Fill Void in Europe’s Oil Market Left By Russia

Iran is aiming to fill the void left behind by Russia in the European oil market if the Middle Eastern country can secure a...

Frontline’s fleet of LR2 tankers takes center stage in Q2

Frontline reported unaudited results for the three and six months ended June 30, 2022: Highlights • Net income of $47.1 million, or $0.23 per basic and...

ABS: Methanol a Promising Option for the Global Fleet

Methanol represents a promising fuel source for the global fleet, with practical benefits related to ease of storage and handling, tank to wake carbon...

Russian oil imports to the UK dry up for first time on record

Lofty global LNG prices and limited supplies threaten to derail India’s regasification capacity plans, with existing regas levels running low and some of the...

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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...

Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

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...

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

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...