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Iron ore spot freight rates spike 163% to lift capesize earnings

As the average length of the journey increases, partly due to port congestions in China, soaking up capacity and pushing up spot rates, shipowners...

Record volumes push US container ports up in global rankings: Alphaliner

The busiest US container ports are moving up the global rankings amid record import volumes, but the deluge of cargoes continues to exceed capacity...

Strong domestic demand sees US oil product imports growing

Recovering demand for US oil products has caused a 25.9% rise in US seaborne imports of oil products in the first seven months of...

Clarksons Research: Offshore Review & Outlook

The Clarksons Research semi-annual review and outlook of the offshore and energy markets, Offshore Review and Outlook, has been released. While offshore oil and...

BIMCO: Chinese coal imports from Australia drop 98.6% as restrictions bite

In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tonnes as Chinese restrictions on Australian coal...

S. Korean refiners slash Middle East crudes to chase margins, low-carbon feed

The share of Middle Eastern crude in South Korea’s 2021 refinery feedstock import basket could fall to the lowest level in more than three...

Dry bulk: profits surge to multi-year highs as pandemic related demand & disruptions linger

Heading into the seasonally strongest part of the year, dry bulk owners have already enjoyed a very profitable year with the temporary factors helping...

Drewry: Port Throughput Down 2.2% During June

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235...

BIMCO – Chinese iron ore imports fall to 14-month low in July

Chines iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020. The fall in July means that accumulated...

BIMCO: Are we looking at the next dry bulk super cycle? Is it even a cycle?

Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have...

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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...