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Navios Maritime Holdings posts strong Q3 results

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the third quarter and nine months ended September 30,...

Solstad Offshore secures UK PSV contract

An undisclosed UK North Sea operator has awarded Solstad Offshore ASA’s platform supply vessel Far Spica a one-year contract. It includes further options for up...

Time Charter Agreement for Avance Polaris

Avance Gas Holding Ltd announced it has entered into a Time Charter Agreement for a period of 2 years for the first dual fuel...

Navios Maritime Holdings Announces $550 Million of Debt Financing

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, announced that it entered into agreements providing Navios Holdings with a total of...

Intermodal Weekly Market Report [W49]

Moving towards the end of 2021, the ship repair sector ends up unfortunately with the same uncertainty we had while ending the previous year...

Baltic index sees worst day in six weeks as vessel rates falter

The Baltic Exchange’s dry bulk sea freight index fell for a fourth straight session on Tuesday to mark its worst day since early November,...

EuroDry Announces Redemption of Outstanding Series B Preferred Shares

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it provided a notice of redemption...

Scorpio Tankers Announces Update on Financing Activities

Scorpio Tankers announced that it has signed a transaction with Ocean Yield ASA involving the sale and leaseback of two LR2 product tankers, STI...

Wan Hai takes over Yokohama terminal

Wan Hai Lines has signed a contract with Yokohama-Kawasaki International Port Corporation (YKIP) for a 10-year lease of the Honmoku D4 Terminal in Yokohama,...

Containership crew kidnapped by pirates in Gulf of Guinea – reports

According to initial unconfirmed reports, up to nine crew have been kidnapped in a pirate attack on a container ship in the Gulf of...

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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...