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Uncertainty to dominate in West of Suez clean tankers markets in 2022

A dismal year for clean tanker earnings over most of 2021 ended with some improvement across a number of vessel classes in the fourth...

Weak demand across vessels drags Baltic index to 10-month low

The Baltic Exchange’s dry bulk sea freight index extended losses on Wednesday to a 10-month low, pressured by lower rates across all its vessel...

Maersk accelerates Net Zero emission targets to 2040

Maersk announces new aspiring emissions targets expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway...

Celestyal Cruises: “Wave Season” offers with savings of up to 50% on selected cruises in 2022

Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean, has announced its “Escape Back to...

Wilhelmsen Ship Management takes a majority stake in Ahrenkiel Tankers

Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel...

Eagle Bulk to deploy Jotun HullSkater robot on vessel

Eagle Bulk Shipping has signed a commercial agreement with Jotun for the adoption of hull-cleaning solutions to minimise biofouling and accelerate decarbonisation. Under the agreement...

GasLog Announces Chief Executive Officer Transition

GasLog announced that Paul Wogan, Chief Executive Officer of GasLog, has informed the board of directors of GasLog that he intends to retire from...

Maersk Sees Supply Chain Strain Continuing ‘For Some Time’

A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move goods around the world as the easing of congestion is taking...

Indonesia Eases Coal Export Ban, Alleviating Supply Concerns

Chinese thermal coal futures fell on Tuesday after Indonesia, the world’s biggest thermal coal exporter, eased a ban on overseas shipments that surprised buyers...

Sembcorp Marine: Taking Another Step Towards a Decarbonised Future

Sembcorp Marine, through its wholly-owned subsidiaries, SMIY and LMG Marin, together with its partners, Mitsui O.S.K Lines, Ltd, and ITOCHU Corporation, have attained Approval...

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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...