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Israel Opens New Chinese-Operated Port

Israel has opened a new shipping port along its Mediterranean coast that will bring much-needed competition to a sector plagued by delays and boost...

Baltic index drops to 2-week low as smaller vessels fall

The Baltic Exchange’s main dry bulk sea freight index fell to a two-week low on Thursday, as a retreat in panamaxes and supramaxes offset...

Navios Maritime Holdings Sees 48% Revenue Growth In Q2

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the second quarter and six months ended June 30,...

HMM, labor unions reach last-minute wage deal

The worst of an ongoing union struggle is over as HMM, the country’s leading maritime shipping company, came to a last minute agreement with...

Seaspan Announces Order Option for 5 Containership Newbuilds

Seaspan, a wholly owned subsidiary of Atlas, announced that ZIM has exercised its option to enter into long-term charters of five ultra-modern 7,000 TEU...

Greek shipowners criticize emissions trading scheme

The Union of Greek Shipowners has come out against EU proposals setting new environmental standards for the shipping industry, especially its emissions trading scheme,...

China: Shipbuilders harvest more orders in H1

The unprecedented boom in global demand for ships in the first half may bode well for Chinese shipyards thirsty for new shipbuilding orders, but...

Hapag-Lloyd orders another 75,000 TEU standard containers

To further ease the scarcity of empty containers, Hapag-Lloyd has ordered another 75,000 TEU dry boxes. The containers will be manufactured in China and...

GSL Announces Repurchase of 521,650 Common Shares and Purchase of 2.5 Million Common Shares by Insiders

Global Ship Lease announced that B. Riley has purchased 3 million Class A common shares from Kelso at a price of $19.17 per share,...

Top Ships Announces Sale of Its Last Non-Scubber Fitted Tanker

TOP Ships, an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced that it has sold to unaffiliated third parties its...

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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...

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...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...