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ZIM Announces Acquisitions of Seven Secondhand Vessels

ZIM Integrated Shipping Services Ltd. announced that during the month of October 2021, it purchased seven secondhand vessels (built between 2007-2009) in a number...

China’s corn imports in September remain strong

China posted strong corn imports for September while November hog futures on the Dalian Exchange have posted a 23.3% increase since end-September to date. China...

EXMAR, LATTICE announce Joint Development of CO2-Carrier

EXMAR and LATTICE Technology announced that they have signed an agreement to jointly work on the development of a new type of CO2-carrier. The...

Drewry: Maritime Financial Insight

In 3Q21 and early October, container shipping stocks saw a sell-off triggered by the risk of worsening container ship demand largely due to power...

CLIA announces appointment of Director General for Europe

Cruise Lines International Association (CLIA), the leading voice for the global cruise industry, announced the appointment of Marie-Caroline Laurent as Director General for CLIA...

CPLP Announces Pricing of €150 Million Unsecured Bonds

Capital Product Partners L.P., an international owner of ocean-going vessels, announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, has successfully priced its...

Baltic index snaps 8-day losing streak on stronger vessel demand

The Baltic Exchange’s dry bulk sea freight index gained on Wednesday, after falling for eight straight sessions, supported by higher rates across all vessel...

Vroon wins PSV contract by TotalEnergies

TotalEnergies E&P UK has chartered Vroon Offshore's platform supply vessel for a period of one year. The platform supplier will be supporting operations at Total’s...

California Ports Key to US Supply Chain Rank Among World’s Least Efficient

Southern California’s Los Angeles and Long Beach ports handle the most ocean cargo of any ports in the United States, but are some of...

Vale to slow down iron ore production in Q4

Brazilian miner Vale SA said on Tuesday it was slowing down production of low-margin iron ore in the fourth quarter by about 4 million...

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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...

Danaos exploring bulker business Oslo-listing

Danaos has reportedly hired investment banks to advise on a possible equity placement and listing in Norway for its dry bulk business. More specifically, TradeWinds...

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...

CMB.TECH sells Suezmax vessel for $ 59.6 million gain

CMB.TECH NV has sold one Suezmax, generating a gain of approximately 59.6 million USD. CMB.TECH...

Trump says Russia and Ukraine agreed to ‘energy ceasefire’

President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy...

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...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...