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Drewry: Port Throughput Index Down By 2.3% in September

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235...

Maersk exploring option for using hydrogen as fuel, in talks for green methanol supply

A.P. Moller-Maersk, the world’s largest shipping company, is looking into the potential use of hydrogen as fuel for some vessels and is also in...

Baltic index rises as smaller vessels lend support

The Baltic Exchange’s dry bulk sea freight index rose on Thursday, buoyed by gains for panamax and supramax vessels that countered a dip in...

Hyundai Heavy to set up guidance for offshore green hydrogen plant

Global shipbuilding conglomerate Hyundai Heavy Industries Group said Wednesday it will establish the world's first technical guidance for offshore green hydrogen plants. To that...

Nordic Shipholding Reports Depressed Nine-Month Earnings

The Group extended its loss in the first nine months of this year as the Time Charter Equivalent (“TCE”) rates continued to be depressed...

Major California Ports Continue To Delay Fees For Lingering Containers

California’s ports of Los Angeles and Long Beach delayed charging fines on containers that sit on the docks for too long for a second...

Nordic American Tankers posts third-quarter loss

Nordic American Tankers Ltd has reported a third-quarter net loss of $44.7 million. A company statement reads: There is so much confusing day-to-day noise in...

Golden Ocean Reports Robust Third Quarter Results

Golden Ocean Group Limited, the world’s largest listed owner of Capesize vessels, yesterday announced its results for the quarter ended September 30, 2021. Highlights •...

INTERCARGO: Statement on IMO MEPC 77 meeting

Regarding the International Maritime Organization’s Marine Environment Protection Committee meeting this week (IMO’s MEPC 77, 22-26 Nov. 2021), INTERCARGO said: “Given the harsh realities and...

Baltic index ends four-day rally on capesize weakness

The Baltic Exchange’s dry bulk sea freight index snapped four straight sessions of gains on Wednesday as a drop in capesize rates outweighed gains...

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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...