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Maersk expects supply chain chaos to continue in 2022

Shipping group Maersk says it expects 2022 earnings will reach the same level as last year, as the chaos that has weighed on global...

China benchmark iron ore futures tumble 6% on Beijing warning

Benchmark iron ore futures in China plunged more than 6% on Wednesday, snapping a five-session rally, after authorities pledged to strengthen supervision of the...

Baltic index logs best day in a year on strong demand for vessels

The Baltic Exchange’s dry bulk sea freight index posted its biggest daily percentage gain since February 2021, boosted by stronger rates across vessel segments. The...

Maran Gas Maritime orders two LNG carriers from DSME

Daewoo Shipbuilding & Marine Engineering (DSME) won an order for 2 LNG carriers from Maran Gas Maritime. The ships will be built at Okpo...

Odfjell returns to the black in fourth quarter

Odfjell has reported its first profitable quarter for 2021 in a “challenging and unpredictable” year. Highlights for 4Q21: Timecharter earnings in Odfjell Tankers of USD 136...

Abu Dhabi Ports Stock Surges After $1.1 Billion Share Sale

Abu Dhabi Ports rose as much as 17% on its trading debut after a 4 billion dirham ($1.1 billion) share sale, underscoring the strong...

DP World reports strong volume growth of 9.4% in 2021

DP World Limited handled 77.9 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in full year 2021, with gross container...

Wallenius Wilhelmsen Posts Strong Q4 Results

Wallenius Wilhelmsen reported Q4 EBITDA of $306 million, increasing 37% quarter-over-quarter, despite supply chain disruptions such as semiconductor chip shortages and labor issues related...

Intermodal Weekly Market Report [W05]

Iron ore prices have jumped significantly in the week prior to the Chinese New Year with traders and producers stocking up on raw materials.

Baltic index hits near 3-week peak on higher rates across vessels

The Baltic Exchange’s dry bulk sea freight index rose to a near three-week high on Tuesday, helped by strong demand across all its vessel...

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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.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

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...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

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...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...