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Intermodal Weekly Market Report [W31]

Nigeria’s oil industry is enjoying a rare moment of momentum. After years of underperformance and insecurity in the Niger Delta, production has rebounded sharply,...

Iron ore rallies on Simandou supply concerns, restocking demand

Iron ore futures climbed for a sixth straight session on Tuesday, driven by mounting concerns over supply prospects from the giant Simandou project in...

Baltic Index rises to over one-month high on gains across all vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a more than one-month high on...

Marco Polo Marine and Salt Ship design to collaborate in construction of CSOV Plus

Marco Polo Marine, a reputable regional integrated marine logistics company, announced the selection of Salt Ship Design AS, a renowned Norwegian ship designer, to...

World Shipping council reinstates cargo inspection deficiency data, urges stronger safety measures

The World Shipping Council (WSC) released a new report summarising deficiencies found in government cargo inspection programmes, reviving a vital data series that the...

DP World in Canada and the MPA sign joint development agreement

As part of the Port of Montreal expansion project in Contrecœur, the Montreal Port Authority (MPA) and DP World in Canada (a joint venture...

New Fortress Energy announces second quarter 2025 results

New Fortress Energy Inc. reported its financial results for the second quarter of 2025, revealing significant financial challenges and strategic initiatives aimed at improving...

Iron ore gains on lower shipments, strong China steel exports

Iron ore futures rose for a fifth straight session on Monday, supported by a sharp fall in shipments from a major supplier and resilient...

DOF agrees PSV extensions with Equinor

Equinor has exercised its option to extend the firm period of the contract for two of DOF’s platform supply vessels (PSVs). Equinor extended contracts for...

Evalend linked to suezmax order in S. Korea

HD Hyundai has secured a USD 174 million deal for two 157,000-dwt Suezmax tankers, with delivery set for December 2027. Reports suggest Evalend Shipping is...

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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...