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Höegh LNG completes Brazilian FSRU charter deal

Höegh LNG announced that it has completed and signed all documentation for a 10-year FSRU charter with Terminal de Regaseificação de GNL de São...

Diana Shipping completes stock buyback

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced the final results of its tender offer to purchase...

Euroseas Announces New Charters For Two Vessels

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced the extension of the charter of its...

More Supply Chain Chaos Expected; Omicron Forcing Transport Workers to Quit

From seafarers refusing to get back on ships to truck drivers whose concern over Covid-related border closures trumps the lure of higher pay, the...

Maersk’s Acquisition of LF Logistics a ‘Significant Milestone’

Maersk’s proposed $3.6bn acquisition of Hong Kong-based LF Logistics represents a “significant milestone” in its transformation into a global integrator of container logistics, according...

Carnival: Most Ship Itineraries Unchanged Amid Omicron

Carnival Corp says a majority of its ships’ itineraries were unchanged despite a surge in cases of the Omicron coronavirus variant, which has threatened...

Asia Fuel Oil VLSFO crack soars to highest since Feb 2020

Asia’s first month for 0.5% ultra-low sulfur fuel oil (VLSFO) rose on Tuesday, reaching its highest level in more than 22 months, supported by...

Pavilion Energy: Agreement to Supply Small-Scale LNG to Hangjiaxin

Pavilion Energy and Hangjiaxin have signed a term deal for the supply of small-scale LNG from Singapore. Under the agreement, up to 0.5 million...

Container volume hits 6-month low at Incheon Port

Container volume at Incheon Port, the nation’s gateway for seaborne trade, has tumbled to a six-month low due to severe bottlenecks at major ports...

Panama Canal pricing structure could see variable component tied to demand

The Panama Canal Authority is considering a new pricing structure that could include a variable fee for LNG transits during the winter, Administrator Ricaurte...

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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...