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Hanwha Ocean secures 1.07 tln-won order from HMM to build 4 container ships

Hanwha Ocean Co., the shipbuilding arm of South Korea's chemical-to-defense conglomerate Hanwha Group, said Friday it has secured a 1.07 trillion-won (US$729.8 million) order...

Iron ore inches higher on softer dollar, weak demand caps gain

Iron ore futures ended higher on Thursday, helped by a softer dollar, although gains were limited by falling China lump ore premiums that signalled...

Baltic Index extends gains on rising capesize prices

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended gains on Thursday to hit a...

GONDAN to build Østensjø Rederi’s most powerful offshore tugboat

GONDAN has signed a new contract with Norwegian shipowner Østensjø Rederi to build a state-of-the-art offshore tugboat, which will be the most powerful in...

Maran Tankers reinvests in VLCCs

Maran Tankers of the Angelicoussis Group is returning to super tanker shipbuilding, which, according to international shipbuilding platforms, appears to have signed a contract...

Element Shipmanagement expands into bulkers

Element Shipmanagement is expanding into the dry bulk sector, according to the company’s general manager, Alexandros Lemonidis. More specifically, Element has acquired the M/V “Union...

UK P&I Club and TT Club announce merger discussions

The UK P&I Club and the TT Club have announced that they are currently engaged in discussions regarding a potential merger between the two...

HMM pauses LNG shipping comeback amid weak freight outlook and overseas sale

HMM, which had been considering re-acquiring Hyundai LNG Shipping, has put on hold for now its re-entry into the liquefied natural gas (LNG) transport...

Havila Kystruten AS: Completion of Comprehensive Debt Refinancing

Havila Kystruten AS announces that the previously disclosed EUR 456 million refinancing has now been completed. Closing took place on 24 November 2025 following...

NYK and BHP renew strategic partnership to advance decarbonization and safety in the dry bulk industry

On November 25, Nippon Yusen Kabushiki Kaisha (NYK Line) signed an agreement with BHP Group Ltd (BHP), a leading global resources company in Australia,...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Iran blacklists more ships trying to sail through Hormuz, govt website shows

Iran has added more ships it deems as non-compliant and subject to fines, confiscation...

Celestyal announces 2028 summer Mediterranean programme

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September...

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia, the world's biggest crude exporter, said on Wednesday that an Iranian attack...

Celestyal launches ‘Uncrowded, Unforgettable, Authentically Med’ winter campaign with fares from €469pp

Celestyal has launched a new winter campaign, ‘Uncrowded, Unforgettable, Authentically Med’ - live from...

Celestyal unveils new winter sailings onboard Celestyal Journey

Celestyal has unveiled seven new winter 2027/28 sailing options onboard the 1,260-guest Celestyal Journey,...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...