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Nakilat profitable in first quarter of 2022

Nakilat, the world’s largest Liquefied Natural Gas (LNG) fleet operator achieved a net profit of QR 382 million for the first quarter ended March...

China’s crude steel output falls 6.4% on year in March

China’s crude steel production fell 6.4% on the year to 88.3 million mt in March, data from the country’s National Bureau of Statistics showed...

S. Korea’s auto exports down 7.7 pct in March amid chip shortage

South Korea's car exports fell 7.7 percent in March due mainly to the continued shortage of automotive chips and supply disruptions of car parts...

Ever Forward container ship refloated after 1 month

A container ship that was stuck in the Chesapeake Bay for over a month has finally been refloated, officials said. The Ever Forward, operated...

Frontline – Euronav merger: Counter-cyclical transaction to create long-term value

On 7 April 2022, Frontline Limited (FRO) and Euronav NV (EURN) announced that the companies are in the process of a merger that would...

Port of Long Beach Reached Busiest March on Record

The Port of Long Beach reached its busiest March and its most active quarter on record as long-dwelling cargo continued to move out of...

Baltic sea freight index posts weekly gain

The Baltic Exchange’s dry bulk sea freight index rose for a third straight session on Thursday and was set for a weekly gain, thanks...

U.S. oil drilling, output moving higher with energy prices

U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity,...

China’s widening COVID curbs threaten global supply chain paralysis

China’s race to stop the spread of COVID-19 is clogging highways and ports, stranding workers and shutting countless factories – disruptions that are rippling...

Drewry: World Container Index Down 1.2%

Drewry’s composite World Container Index decreased by 1.2% to $7,945.31 per 40ft container this week. Our detailed assessment for Thursday, 14 April 2022 The composite...

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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.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

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...

Iran urges US to accept proposal to reopen Strait Of Hormuz

Iran’s offer to the United States to reopen the Strait of Hormuz within seven...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

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...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...