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Analysis

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...

Spot rate surge to continue post-golden week

Since the 1 July implementation of a series of peak season surcharges (PSS) and new FAK (freight all kinds) levels, the largest east-west container...

BIMCO: Container shipping market exploding in 2024, but 2025 could be a different story

We have revised our assumption regarding when ships might return to normal Red Sea and Suez Canal routings. In our previous report, we assumed...

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Piraeus Port sees 1H2025 revenue & profit increase

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

Seacon Shipping to acquire 40% stake in CIMC Xinde Leasing and provide guarantee

Seacon Shipping Group Holdings Limited announced that its wholly owned subsidiary has agreed to acquire a 40 percent equity interest in CIMC Xinde Leasing...

KNOT Offshore Partners LP reports strong Q2 2025 results

KNOT Offshore Partners LP reported strong Q2 2025 results. Financial Highlights For the three months ended June 30, 2025 (“Q2 2025”), KNOT Offshore Partners LP...

TORM announces long term incentive program

In accordance with TORM plc’s Remuneration Policy adopted by the Annual General Meeting of TORM on 14 April 2021 and the authorization granted at...

Golar LNG announces pricing of $500 million offering of senior notes due 2030

Golar LNG Limited announced the pricing of a private offering of $500 million in aggregate principal amount of unsecured senior notes due 2030. The...

Carnival raises annual profit forecast on resilient cruise demand, high costs loom 

Carnival Corp raised its annual profit forecast on Monday, leaning on strong demand and...

Baltic index falls on decline across all vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

The International Chamber of Shipping opens new office in Singapore

The International Chamber of Shipping (ICS) announced the inauguration of a new ICS Representative...

Greece continues to hold the “lead” in international shipping

Greece continues to hold the “lead” in international shipping, remaining in first place worldwide...

Baltic Index hits one-and-a-half year high on strong vessel demand

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Piraeus Port sees 1H2025 revenue & profit increase

PPA S.A. announced its financial results for the first half of 2025, reporting an increase in revenue and profitability, in a period that continues...

DP World and Hapag-Lloyd renew agreement to boost port operations in Brazil

DP World, a global leader in logistics and supply chain solutions, announces the renewal of a long-term agreement with Hapag-Lloyd, one of the world’s...

Piraeus port: Container traffic remains steady in Jan-Aug

Container traffic at Piers II and III of the Container Terminal at the port of Piraeus remained at approximately the same levels as last...

Port of Los Angeles August cargo remains strong as high volume continues

After reaching new cargo heights in July, Port of Los Angeles volume remained strong in August. The Port efficiently processed 958,355 Twenty-Foot Equivalent Units...

Greek ports: Passenger traffic down; movement of goods up

The total passenger traffic in Greek ports recorded a decrease of 1.1% in the first quarter 2025 compared with the first quarter 2024, the...