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US, China extend tariff truce by 90 days, staving off surge in duties

The United States and China on Monday extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as...

Hanwha Ocean eyes Brazilian shipyard to back offshore projects

South Korea’s Hanwha Ocean is considering establishing a shipyard in Niterói, in the metropolitan area of Rio de Janeiro, to support local offshore projects...

ZIM shares rally on news of CEO-Led Take-private Proposal

ZIM Integrated Shipping Services Ltd. is reportedly the subject of a potential buyout bid led by its CEO Eli Glickman and Israeli shipping magnate...

Iron ore rises on strong China demand

Iron ore futures rose to around CNY 786 per tonne on Monday, rebounding from a near four-week low amid fresh signs of robust demand...

Baltic index slips on lower capesize, panamax rates

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell on Monday, pressured by lower rates for...

Performance Shipping: Holding firm on the road to a green future

Performance Shipping is investing in “green” ships in order to further reduce its environmental footprint. According to the ESG report for 2024, an impressive 13.6%...

INTERCARGO – GCMD cooperate for the decarbonization of shipping

The International Association of Dry Bulk Shipowners – INTERCARGO and the Global Centre for Maritime Decarbonization (GCMD) have signed a two-year cooperation agreement to...

Seoul to begin pilot operations on Arctic shipping routes in 2026

President Lee Jae Myung said Monday he and Vietnam's top leader To Lam agreed to step up efforts to raise their countries' bilateral trade...

Höegh Autoliners ASA – July 2025 Trading Update

In July 2025, Höegh Autoliners transported 1.4 million cbm of cargo on prorated basis. Transported cargo in the last three months (May-July) was 4.1...

Shelf Drilling announces new long-term contract in the Dutch North Sea

Shelf Drilling, announced that a subsidiary of Shelf Drilling (North Sea), Ltd. (“Shelf Drilling North Sea” or “SDNS”) has secured a contract for the...

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Noble Corporation announces first quarter 2026 results

Noble Corporation plc reported first quarter 2026 results. Three Months Ended(in millions, except per share amounts)March 31, 2026March 31, 2025December 31, 2025Total Revenue$                786$                874$                764Contract Drilling Services Revenue743832705Net...

Hanwha Ocean’s Q1 OP jumps 70.6% on high-value vessel orders

South Korean shipbuilder Hanwha Ocean Co. saw its operating profit soar more than 70 percent in the first quarter of this year from a...

Top Ships secures $50 million equity facility

According to a relevant filing, Top Ships has signed a Common Share Purchase Agreement with B. Riley Principal Capital II, giving the firm the...

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...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Seafarer shares first-hand account with IMO about being stranded in the Persian Gulf

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to...

Columbia Group names Andreas Hadjipetrou new CEO

Columbia Group has appointed Andreas Hadjipetrou as its new Chief Executive Officer, with Demetris...

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...

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...