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Baltic index falls to 11-month low as rates slide across vessels

The Baltic Exchange’s dry bulk sea freight index dropped to an 11-month low on Tuesday, pressured by weaker demand across all vessel segments. The...

After failed merger, Hyundai Heavy secures cash to nurture new growth engines

Hyundai Heavy Industries’ failed acquisition of its smaller rival Daewoo Shipbuilding & Marine Engineering may be a boon for the nation’s largest shipbuilder as...

Maersk Tankers to launch decarbonisation hub

Maersk Tankers is establishing a knowledge hub focusing on decarbonisation. The hub will gather intelligence and create solutions to help shipowners and cargo customers...

Vale resumes Minas Gerais operations after heavy rains

Vale, as an update to the press release "Vale informs about the impact of rainfall in Minas Gerais", released on January 10th, 2022, informs...

Surging Global Demand Drives China’s Trade Surplus to New Record in 2021

China’s record-breaking export strength continued into December, pushing the annual trade surplus to a new high and providing support to an economy being dragged...

Iron ore dips on easing supply concerns, China slowdown

Benchmark Dalian and Singapore iron ore futures fell on Monday, dragged down by improving near-term supply of the steelmaking ingredient and signs of continuing...

PetroChina Int’l tops Singapore’s list of 2021 marine fuel suppliers

PetroChina International Singapore Pte Ltd climbed three spots to be the top marine fuel supplier in the world’s biggest ship refuelling hub in 2021...

China coal output hits record in Dec and in 2021 – stats bureau

China’s coal output hit record highs in December and in the full year of 2021, as the government continued to encourage miners to ramp...

Baltic index down for seventh day on weak vessel demand

The Baltic Exchange’s dry bulk sea freight index fell for a seventh straight session on Monday as rates declined across all its vessel segments....

DOF Subsea wins work for CSV pair

DOF Subsea is pleased to inform that a key Renewables Client has awarded an extension to an ongoing subsea Construction contract in the North...

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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...