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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...

Wallenius Wilhelmsen signs logistics contract in Australia

Wallenius Wilhelmsen secures logistics contract in Australia with a large automotive manufacturer expected to generate revenues in excess of USD 100m. Wallenius Wilhelmsen will...

Greek tankers lead G7 exodus from Russia as EU lowers price cap

Greek companies led an exodus of G7-linked crude tankers from Russia in August in a precautionary move to stay compliant with a new, lower...

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Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Samudera Shipping reports lower y-o-y net profit despite higher revenue for 1HFY2026

Mainboard-listed Samudera Shipping has reported a 20.5% y-o-y dip in net profit to US$33.2 ($42.9) million for 1HFY2026 ended June 30 in a bourse...

Performance Shipping reports financial results for the second quarter and six months ended June 30

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.9 million and net income attributable...

Capital Clean Energy Carriers announces second quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...