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Baltic index extends losing streak to tenth day on weaker demand

The Baltic Exchange’s dry bulk sea freight index fell for a tenth straight session on Thursday, touching its lowest level in about a year,...

Iranian crude inflows seen in Dec for first time in 2021, at 62,000 b/d

Iranian crude inflows were seen in China’s official data in December for the first time in 2021, at 260,312 mt or 61,551 b/d, General...

Seanergy Announces Additional $5 Million Buyback of Convertible Notes

Seanergy announced an aggregate of $5 million in buyback and partial elimination of the outstanding convertible note, utilizing 50% of its second share repurchase...

EuroDry to Acquire 2014-built Supramax Bulker

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has agreed to acquire M/V...

Crystal Cruises to Suspend Operations Through April

Crystal Cruises is suspending operations for its two ocean-going ships and one expedition ship through April 29, with river cruises on hold through the...

Port of Long Beach Sets Annual Record With 9.38 Million TEUs

The Port of Long Beach set a new record in 2021 by moving 9.38 million cargo containers as dockworkers and terminal operators worked to...

Sinopec Issues Tender for Up to 45 LNG Cargoes

China’s Sinopec Corp has issued a tender to sell up to 45 cargoes of liquefied natural gas for 2022 deliveries, in a rare sell...

High efficiency Wärtsilä power solutions to drive 7 new Arctic Shuttle Tankers

The technology group Wärtsilä will supply the main and harbour engines for a series of seven new Arctic Shuttle Tanker vessels being built at...

Chinese coal jumps over 6% on pre-holiday supply worry

China’s thermal coal futures soared more than 6% on Wednesday, hitting a level last seen in late November as investors grew concerned over tight...

Weaker demand across vessels drag Baltic index to near 1-year low

The Baltic Exchange’s dry bulk sea freight index fell for a ninth straight session on Wednesday, touching its lowest level in about a year,...

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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...