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Tianjin city tests 14m people for COVID after cluster

The Chinese port city of Tianjin is aiming to test its 14 million residents within the next 48 hours after the discovery of a...

Royal Caribbean Pauses Sailings Due To Omicron Concerns

Royal Caribbean Cruises Ltd has paused some of its cruise operations amid rising numbers of COVID-19 infections due to the Omicron variant. The sailings...

Indonesia Holds Talks On Coal Export Ban

Indonesia is yet to reach a decision on lifting its coal export ban as authorities discussed overcoming logistic issues that have slowed efforts to...

Ningbo port congestion risk grows amid COVID crackdown

Loading and discharge of container vessels is proceeding normally at the Port of Ningbo, but backlogs there are in the forecast because lockdown restrictions...

Gibson Weekly Tanker Market Report [W01]

The first key item on the agenda for oil markets was the January 4th OPEC+ meeting in which the alliance decided to maintain its...

Korean shipyards command 37% of global orders in 2021, best in 8 years

South Korean shipyards had their best year in eight years in 2021 by commanding 37 percent of worldwide vessel orders by volume or 43...

Iron ore sees solid first week of 2022 on China demand hopes

Iron ore was poised to book solid gains for the week, despite a mixed morning session in Shanghai on Friday, as traders returned from...

Dorian LPG Declares Cash Dividend of $1.00/share; Announces Completion of Financing Transactions for 2 VLGCs

Dorian LPG, a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared a...

Navios Holdings: Repayment of Ship Mortgage Notes; Closing of Debt Financing

Navios Holdings, a global seaborne shipping and logistics company, announced that it closed on a total of $550 million of debt financing. As previously announced,...

Clarksons sees annual profit of at least £69m

Clarksons said it expected to report underlying profit annual of at least £69m stronger than anticipated trading in December. In a short trading statement released...

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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...