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Baltic Dry Index Falls to 2-Month Low

The Baltic Exchange’s main sea freight index extended its retreat on Monday, touching a near two-month low as vessel segments dipped. Lower Baltic rates...

South Korea tops shipbuilding order volume in May

South Korean shipbuilders took back the top spot from China in the world market in May, winning nearly half of total global orders. Korean...

2050 Not Achievable Without Carbon Capture – ABS

“Carbon capture is going to be a key transformational technology for shipping to achieve net zero emissions by 2050. It will be critical to...

Shipping needs flat rate carbon levy to prepare for its future: ICS

The shipping industry needs a fixed carbon price to mitigate the uncertainties of its energy transition and to avoid manipulation of carbon markets, the...

Port of Hedland: Iron Ore Exports At 47.7 Mln Tons In May

Pilbara Ports Authority has delivered a total monthly throughput of 61.7 million tonnes (Mt) for May 2022. This throughput was a two per cent...

Gibson Weekly Tanker Market Report [W23]

The European Union’s (EU) decision to prohibit Russian crude and refined products imports into the bloc came as little surprise to the market...

Eu Regulation Needs To Protect European Shipping Interests Says UGS President From Posidonia 2022

Europe needs to understand the strategic importance of Greek shipping as the owner of 59% of the EU fleet, especially in times when shipping...

CLIA at Posidonia 2022 with a sustainability agenda on the momentum of the dynamic cruise resumption

With the 27th Posidonia welcoming the global maritime community back to Athens after four years, focusing on the "hot" issues of energy transition, the...

Shipping Fuel & Lubes Prices Skyrocket As Geopolitical, Regulatory Tussles Take Toll

More than 40 marine fuel suppliers from around the world have gathered at this year’s Posidonia during a critical juncture for the US$300billion bunkering...

Maran Gas orders two LNG newbuildings at DSME

Maran Gas has placed an order with Daewoo Shipbuilding & Marine Engineering for the construction of two 174,000 cu m liquified natural gas carriers...

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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...