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Baltic index hits 8-month low as smaller vessels weigh

The Baltic Exchange’s dry bulk sea freight index slipped for an eighth straight session to its lowest level since mid-April, hurt by a decline...

Boskalis reviewing position in Smit Lamnalco

Boskalis announces that it has embarked on a review of its position as shareholder in the strategic joint venture Smit Lamnalco. Boskalis has held...

TEN in the red for 4th consecutive quarter

TEN reported results (unaudited) for the third quarter and nine months ended September 30, 2021. Q3 2021 SUMMARY RESULTS In what has been described as...

UK and Australia Finalize Post-Brexit Trade Deal

The U.K. and Australia finalized their post-Brexit trade deal, the first post-Brexit agreement reached by Britain that goes beyond rolling over a previous EU...

Maersk enters strategic partnership with Unilever

A.P. Moller – Maersk (Maersk) announced the signing of an international freight supply chain management partnership with Unilever effective from 2022. The four-year agreement will...

Saudi Arabia’s October crude oil exports hit 18-month high

Saudi Arabia’s crude oil exports in October rose for a sixth straight month to their highest since April 2020, the Joint Organisation Data Initiative...

Baltic index drops to 1-month low on subdued vessel enquiries

The Baltic Exchange’s dry bulk sea freight index fell to its lowest level in a month, as rates declined across all its vessel segments,...

Navios Maritime Holdings posts strong Q3 results

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the third quarter and nine months ended September 30,...

Solstad Offshore secures UK PSV contract

An undisclosed UK North Sea operator has awarded Solstad Offshore ASA’s platform supply vessel Far Spica a one-year contract. It includes further options for up...

Time Charter Agreement for Avance Polaris

Avance Gas Holding Ltd announced it has entered into a Time Charter Agreement for a period of 2 years for the first dual fuel...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...