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NAT takes delivery of 2 suezmax newbuildings; secures two long term contracts

Nordic American Tankers announced that on May 13, 2022, it took delivery of the first of two recent suezmax tanker newbuildings from Samsung shipyard...

DP World Launches New Erp Solution For Freight Forwarders

DP World, the leading provider of smart supply chain solutions, today launched CARGOES Runner — a new digital solution for freight forwarders. CARGOES Runner is...

Spot Australian thermal coal has surged, but contract price is key

The spot price of Australian thermal coal is higher than that of coking coal, an unprecedented situation that highlights just how the global market...

Baltic dry bulk index down as smaller vessel rates retreat

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped on Wednesday as a dip in panamax...

Seanergy Announces Additional Share Buybacks & Open-Market Stock Purchase Plan by the CEO

Seanergy announced that the Board of Directors has authorized an additional share repurchase plan, under which the Company may repurchase up to $5 million...

ONE Announces Weight Discrepency Surcharge for Overweight Containers

Ocean Network Express (ONE) will implement a penalty fee that is to be levied in the event of misdeclaration of cargo details at time...

Shell, CMA CGM Sign LNG Fuel Supply Agreement in Singapore

Shell and CMA CGM Group have signed agreements that will see them work closely together to accelerate decarbonising the marine sector. This includes a...

Dynagas LNG Partners Reports Results for the Three Months Ended March 31, 2022

Dynagas LNG Partners LP, an owner and operator of liquefied natural gas carriers, announced its results for the three months ended March 31, 2022....

Intermodal Weekly Market Report [W25]

LNG market remains tight currently, mainly driven by the US LNG outage from the recent fire in Freeport LNG terminal together with the recent...

Russia’s war pushes crude, diesel and grains to new trade routes

The immediate supply shock caused by Russia’s invasion of Ukraine was felt in power, petrol and supermarket prices across Europe — and now, as...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

Celestyal announces new onboard offering for Western Mediterranean sailings

Celestyal has unveiled a new onboard programme for Celestyal Discovery’s first dedicated Western Mediterranean...

Greece and Japan enhance maritime cooperation

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias held a series of meetings...

Iran’s guards say two tankers hit mines in Strait of Hormuz

Iran’s Revolutionary Guards Navy said on Saturday that two oil tankers had caught fire...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...