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Sailing Towards Record Profits, Maersk Will Give $80 Million to Employees

A.P. Moller-Maersk A/S is giving $1,000 to each of its roughly 80,000 employees as the world’s largest shipping company heads for record profits this...

CMA CGM and Shell perform first Bio-LNG bunkering operation in Rotterdam

The CMA CGM Group, a world leader in shipping and logistics, and Shell have performed the first Bio-LNG bunkering trial in Rotterdam. The CONTAINERSHIPS...

Wärtsilä to supply Cargo Handling System for LNG Bunker Vessel

The technology group Wärtsilä will supply a new 103 metre (340 feet) long LNG Bunker Barge with a complete LNG cargo storage and handling...

Baltic index gains for fifth day as rates for smaller vessels rise

The Baltic Exchange’s dry bulk sea freight index on Wednesday rose for a fifth straight session to its highest in a month, as gains...

LNGC added to Capital Product Partners’ fleet

Capital Product Partners, the NASDAQ-listed shipping company controlled by the Vangelis Marinakis family, has successful accepted delivery of a newly built LNG carrier. Christened...

Diana Shipping Announces Completion of OceanPal Spin-Off

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has completed the spin-off of its wholly-owned...

Okeanis Reports Q3, 9M Unaudited Interim Condensed Results

Okeanis Eco Tankers reported unaudited interim condensed results for the three and nine months ended September 30, 2021. Q3 2021 HIGHLIGHTS • Time charter equivalent (“TCE”,...

Daewoo Shipbuilding wins W1.5t orders for 6 LNG carriers

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Wednesday it has bagged orders worth a combined 1.5 trillion won ($1.3 billion) to build six...

Pop-Up Container Yards Offer Pressure Valve for Port Congestion

Walmart has developed an empty space near the ports of Los Angeles and Long Beach into a pop-up container yard. The aim is to store...

Oil could hit $150 a barrel with OPEC+ ‘in the driver’s seat’: J.P. Morgan

Oil futures can shake off a breathtaking Black Friday plunge and then some, testing $125 a barrel next year and overshooting to $150 in...

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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...