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Port of Long Beach has second-busiest August on record

Peak shipping season boosted the Port of Long Beach to its second-busiest August on record and the sixth-busiest month in its 114-year history as...

World Shipping Council launches industry-first Cargo Safety Program to prevent ship fires

The World Shipping Council (WSC) announced the launch of its Cargo Safety Program, an industry-led initiative to detect misdeclared and undeclared dangerous goods in...

Petrobras chooses Vallourec to support $1bn offshore OCTG

Vallourec, a world leader in premium seamless tubular solutions, has been awarded a major contract by Petrobras as a result of a competitive bidding...

Panama Canal announces implementation of the NetZero slot to advance maritime decarbonization

The Panama Canal announced the launch of the NetZero Slot, a new category within its transit reservation system designed to encourage the decarbonization of...

Iron ore ends lower on China property sector woes

Prices of iron ore futures ended lower on Monday, pressured by persistent weakness in top consumer China’s property sector, even as steel benchmarks and...

Baltic Index extends gains on higher rates for capesize vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended its gains from the previous session...

Volos cruise performance at record levels

According to official data, from the beginning of 2025 until September 12, 2025, 25 cruise ships have already arrived at the port of Volos,...

Subsea7 awarded contract offshore Saudi Arabia

Subsea7 announced the award of a major1 project under the long-term agreement (LTA) with Aramco that relates to certain facilities located offshore Saudi Arabia. The...

EcoLog and Gas and Heat join forces with LH2 partnership

In a groundbreaking move for clean energy transportation, EcoLog Ltd and Gas and Heat S.p.A. have joined forces to accelerate the development of the...

BW Offshore completed refinancing into new USD 220 million Revolving Credit Facilit

BW Offshore Limited is pleased to announce the successful refinancing of its existing Revolving Credit Facility into a new USD 220 million facility, maturing...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday,...

Boluda Towage strengthens its presence in Southeast Asia with the acquisition of Seatrium Group’s...

Boluda Towage takes a new step in its global expansion with the acquisition of...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...