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Wärtsilä to write-off 200 MEUR related to assets and business operations in Russia

Wärtsilä is set to write-off approximately 200 MEUR related to assets and business operations in Russia. A company announcement reads: Wärtsilä strongly condemns the war...

Greece to upgrade Revithoussa LNG terminal in preparation for energy supply disruptions

Greece’s only liquefied natural gas (LNG) terminal on the islet of Revithoussa near Athens will be upgraded as the country is preparing its energy...

OOCL Making Aggresive Grab for Asia-Europe Market Share

OOCL’s first-quarter operational numbers not only confirm the unflagging colossal profitability of the liner industry, but also reveal the Hong Kong-based carrier’s aggressive market...

NYK Takes Delivery of Third Methanol-Fueled Chemical Tanker

The methanol-fueled chemical tanker Grouse Sun, owned by NYK Bulkship (Asia) Pte. Ltd., an NYK Group company based in Singapore, was delivered on April...

Dalian iron ore dips in wobbly session on demand worries

Dalian iron ore fell in seesaw trade on Wednesday, as worries about future demand for the steelmaking ingredient in China outweighed reports of COVID-19...

China’s March soybean imports from U.S. fall y-o-y

China’s soybean imports from the United States plunged in March from a year earlier, customs data showed on Wednesday, as poor margins curbed buying. China,...

UAE’s Fujairah marine fuel sales rise to 3-month high in March

Sales of marine fuel in the United Arab Emirates’ Fujairah marine refuelling and oil storage hub rose 13% in March, official data showed, climbing...

Baltic index gains 1.3% on higher rates across vessels

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships ferrying dry bulk commodities, rose on Wednesday led by gains across vessel...

Rio Tinto and Vale disappoint on iron ore numbers

Australia’s Rio Tinto and its biggest competitor for the title of the world’s top iron ore exporter, Brazil’s Vale, have both fallen short of...

Solstad: Multiple PSV and AHTS contracts

Solstad announced awards of contracts involving the PSV’s Normand Tantalus, Normand Serenade, Normand Springer and Normand Arctic. The contracts have a combined firm duration...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...