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Baltic index slips to over 1-week low as larger vessel rates slide

The Baltic Exchange’s dry bulk sea freight index fell to its lowest level in more than a week on Monday, pressured by easing rates...

Hyundai, Daewoo tie-up faces EU antitrust veto, sources say

South Korean shipbuilder Hyundai Heavy Industries’ proposed acquisition of rival Daewoo Shipbuilding & Marine Engineering Co Ltd is set for an EU antitrust veto...

LNG shipping rates ease but market vulnerable to Asian winter demand

Asia-Pacific LNG shipping rates have eased from record highs as Asian spot LNG demand has softened due to moderate weather, healthy inventories at North...

Shipping lines eye further increases in mid-December

All-inclusive trans-Pacific container shipping rates to North America held steady in the week to Dec. 10 with the expectation that shipping lines would push...

Gibson Weekly Tanker Market Report [W49]

The world is changing rapidly around us. One thing that has significantly changed over the last two years is that the environment is much...

OSG Announces Charter Options for Two Vessels

Overseas Shipholding Group, Inc., a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, announced that it...

Seaway 7 Confirms Zhong Neng Cable Installation Contract

Seaway 7 ASA has confirmed the award of a sizeable(1) contract by China Steel Power Corporation Ltd for the transport and installation of the...

Seanergy Awarded ‘‘The Dry Cargo Company of the Year’’ at the Lloyd’s List Greek Shipping Awards 2021

Seanergy announced that it received “The Dry Cargo Company for the Year” award by Lloyd’s List Greek Shipping Awards that took place in Athens,...

Germany probing sale of Maersk container maker to CIMC

Germany’s Federal Cartel Office is probing the proposed sale of Maersk’s refrigerated container manufacturing unit to China International Marine Containers, a spokesman for the...

IMO Assembly adopted amendment to the IMO Convention

The IMO Assembly has adopted amendments to the IMO Convention to expand the size of the Council, extend the term of its Members and...

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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...