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Global trade to hit record $35 trillion despite slowing momentum

UN Trade and Development’s (UNCTAD) year-end Global Trade Update shows East Asia, Africa and South–South trade powering gains, even as rising uncertainty shapes the...

Maersk Global Market Update – Autumn 2025

In the Autumn edition of the Maersk Global Market Update, we explore China’s stronger global container exports into Latin America, Africa, and Europe, the...

The “boats of legality”: How the Lega Navale Italiana brings back to new life sailing yachts seized from migrant smugglers and drug traffickers

Tassos Mavris Journalist • Columnist Member: AJE & Community Radio and Italian Television  Over the past 15 years, numerous sailing boats have been intercepted off the Italian coast...

BIMCO: Bulker deliveries on course to 6-year high

“We forecast that bulker deliveries will gradually increase this year and in 2026, reaching 41.2m Deadweight Tonnes (DWT) and a six-year high. Bulker newbuilding...

Maritime connectivity retail revenues amounted to $2.1 billion in 2023

Introducing Valour Consultancy’s industry-recognised maritime report: “The Future of Maritime Connectivity – 2024”. This is the fifth edition of the study, following our highly...

Containership contracting spree now exceeds 10 million TEU

“When only six ships with a capacity of 4,746 TEU were contracted in the fourth quarter of 2023, many might have thought that the...

Dry freight container production surpasses earlier all time high

Drewry expects 2024 to be the second highest year on record for dry freight container manufacturing, driven by the all-time high quarterly production in...

Drewry Port Equity Index Continues Rising Trend

The Drewry Port Equity Index continued to rise in 2Q24, gaining 3.1%, following a 1.6% increase in 1Q24, but the growth rate slowed QTD,...

Container ship fleet expands by 11%, fastest growth in 15 years

Since the beginning of the year, the capacity of the container ship fleet has increased by 1.6m TEU. Compared to one year ago, the...

Dry bulk newbuild contracting fell 34.2%, despite a strong market

“During the first half of 2024, newbuild contracting in the dry bulk sector fell 34.2% y/y despite favourable market conditions. A 6.5% y/y increase...

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Nordea shipping loan book grows in fourth quarter

Nordea published the fourth-quarter and full-year financial report.

Royal Caribbean Group reports 2025 results, issues 2026 guidance

Royal Caribbean Group reported 2025 Earnings per Share of $15.61 and Adjusted EPS of $15.64. These results were better than the company's guidance primarily...

Milaha announces 13% growth in its net profit for 2025, reaching QR 1.271 billion

Qatar Navigation Q.P.S.C. (“Milaha”) announced its financial results for the year ended December 31, 2025.Key financial highlights: - Operating revenues of QAR 3.33 billion for...

Stolt-Nielsen limited reports fourth quarter net profit of $59.6 million

Stolt-Nielsen Limited reported unaudited results for the fourth quarter and full year ended November 30, 2025. The Company reported a fourth-quarter net profit of...

C3IS Inc. announces reverse stock split

C3IS INC. announced that its board of directors has determined to effect a one-for-twenty (1-for-20) reverse stock split of the Company’s common stock, par...

Celebrity River Cruises announces 10 more ships, and opens 2028 European deployment with 80%...

Celebrity River Cruises announced a commitment for 10 new ships that will expand its...

Greek flag maintains top-tier status in global shipping register

Greece remains on the list of the world’s “elite” flag states, in terms of...

Celestyal reports strong Wave performance as Unmissable Sale is extended

Celestyal has reported strong early success from its current Wave campaign, the ‘Unmissable Sale’,...

Celestyal introduces in-cabin tablets to enhance guest experience

Celestyal has completed the rollout of in-cabin guest experience tablets across all 630 cabins...

Hanwha Ocean and Algoma Steel sign MOU to support Canadian steel and jobs

Hanwha Ocean, a global shipbuilding and submarine manufacturer, has signed a binding memorandum of...

Panama court quashes CK Hutchison port contracts, clouding sales plan

Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama...

CMA CGM and Stonepeak announce groundbreaking terminal Joint Venture, UNITED PORTS LLC

The CMA CGM Group, a global player in sea, land, air and logistics solutions, and Stonepeak, a leading alternative investment firm specializing in infrastructure...

Ports: National planning enters the final phase

The strategic planning for Greek ports and marinas is entering a crucial phase, with the Growthfund preparing to announce the contractor for the holistic...

AD Ports Group expands operations in Spain with acquisition of Balenciaga Astilleros Shipyard

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today announced that its subsidiary SAFEEN Drydocks, part of Noatum...

Cosco expects a return to normalcy in Suez

In an environment of intense geopolitical developments and changing cargo flows, the port of Piraeus remains at the heart of global trade. The gradual normalization...