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Analysis

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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Wilhelmsen Ship management and MPC Capital launch vessel IT joint venture

MPC Capital and Wilhelmsen Ship Management have combined to launch a joint venture called Waterway IT, an independent provider of onboard Information Technology (IT)...

HD Korea Shipbuilding & Offshore Engineering Prices $1.55 billion exchangeable bond on strong global demand

HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has successfully priced a large-scale overseas exchangeable bond (EB), attracting strong demand from global investors and...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...

Cruise industry contributes €3.1 billion to Greek Economy

· The industry generated a total economic output of €3.1 billion, contributed €1.5 billion to the Greek GDP and supported 33,000 jobs in the...

Robin Energy raised $13.9m at an average share price of $4.31

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announces that it has successfully raised $13.9 million in gross proceeds pursuant...

US, Iran agree to two-week ceasefire with reopening of Strait of Hormuz

The United States and Iran have agreed to a two-week ceasefire, reaching a deal...

UAE says the use of Hormuz must be guaranteed in any US-Iran deal

UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee access...

Union of Greek Shipowners: Travlos meets Commissioner Tzitzikostas

The President of the Union of Greek Shipowners, Melina Travlos, together with members of...

Iran says Iraqi ships are allowed to use Strait of Hormuz

The Iranian military said major oil producer Iraq is exempt from shipping restrictions in...

French-owned CMA CGM container ship passes Strait of Hormuz, data shows

A ‌container ship belonging to French shipping group CMA CGM has passed through the...

Piraeus Port Authority to participate in Seatrade Cruise Global Exhibition

Piraeus Port Authority (PPA) continues to strengthen its international presence in the cruise sector by participating in the Seatrade Cruise Global Exhibition, the industry’s...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...

Delegation from the Japanese Embassy visits the Piraeus Port Authority

Piraeus Port Authority S.A. welcomed a delegation from the Embassy of Japan in Greece to its headquarters, led by Shu Tamaura, Director of the...

1st Blue Heritage Summit Thessaloniki: The digital transformation of Greek ports

The development of smart applications is a one-way path for Greek ports, offering significant benefits in terms of resilience during times of crisis, while...

Rail growth in northern Sweden drives record volumes at the Port of Gothenburg

Rail freight traffic between northern Sweden and the Port of Gothenburg continues to grow. Two rail terminals in the far north of Sweden, in...