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BIMCO: Japan’s dry bulk imports fall 4% amid weak steel demand

“Having narrowly avoided a recession in the fourth quarter of 2022, the Japanese economy appears to be recovering. However, Japan’s demand for steel remains...

Flush with cash, ONE swaps charters for own container ships

After years of relying on charters, container ship operator Ocean Network Express is tapping profits from the COVID-19 era to build its own greener,...

BIMCO – Dry Bulk Market: The way China goes, so goes the market

We expect demand growth within the 1.5-2.5% range in 2023, driven by China’s economic recovery. Improvements in consumer sentiment should help solve the country’s...

Post-Boom Hangover Leaves Carriers with Massive Container Surplus

The return to ‘supply chain normalisation’ has led to the container liner industry being hobbled by an estimated surplus of 5m teu of boxes,...

Cross-alliance cooperation on the increase as market weakens

Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential. Moreover, the weakness in the...

Two-Tier Market Emerges as Container Spot & Contract Rates Diverge

A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers that focused on quoting spot rates...

Shipping Fuel & Lubes Prices Skyrocket As Geopolitical, Regulatory Tussles Take Toll

More than 40 marine fuel suppliers from around the world have gathered at this year’s Posidonia during a critical juncture for the US$300billion bunkering...

Data Is The New Commodity To Spur Shipping Into A New Era Of Optimisation

More than 30 martech startups from around the world are displaying their solutions and platforms at this year’s Posidonia Exhibition currently being held at...

US appetite for Far East imports to face test

During the pandemic retail sales and personal savings have been increasing in tandem and supported US consumer demand for imports from the Far East....

Drewry: Multipurpose Time Charter Index Up by 1.7% Feb

The Drewry Multipurpose Time Charter Index increased to $10,987 per day in February, representing a rise of 1.7% compared to the 2.2% rise seen...

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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...