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New ICS Chairman Designate named and Secretary General takes the helm as industry faces critical global challenges

Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by The Hon....

DOF Group ASA – Contract extension for Skandi Cutter

DOF Group ASA announced a Substantial contract extension for the AHTS vessel Skandi Cutter. The vessel is currently operating in Canada on a contract...

Oceaneering announces vessel services agreement

Oceaneering International announced that its Offshore Projects Group segment has entered into a vessel services agreement with a major operator for use of the...

BC Ferries orders 4 ferries at CMI Weihai Shipyard

BC Ferries has selected China Merchants Industry Weihai Shipyards to build four New Major Vessels following a rigorous global procurement process that included a...

Tsakos Group celebrates delivery of two newly built ships in South Korea

The Greek flag was raised twice and the national anthem was also played twice in distant Ulsan, South Korea, as the Tsakos Group held...

Davie advances American shipbuilding expansion with planned acquisition of Gulf Copper’s Texas Shipyards

Davie, a leading international builder of icebreakers and other specialized ships, announced its intention to acquire shipbuilding assets in Galveston and Port Arthur from...

Borouge and ADNOC L&S enter $531 million strategic partnership to accelerate growth of UAE petrochemical exports ​

Borouge and ADNOC Logistics & Services have entered a 15-year strategic partnership that will support a significant increase in the production and export of...

Vantage Corp announces pricing of $13 million initial public offering

Vantage Corp, a shipbroking company providing comprehensive services including brokerage, consultancy, and operational support in the tanker market, announced the pricing of its underwritten...

Iron ore rebounds as traders cheer Sino-US trade progress

Iron ore futures prices rebounded on Wednesday, as signs of progress in trade talks between the world’s two largest economies bolstered sentiment, although uncertainty...

Baltic Index rebounds to seven-month peak on higher rates across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, rebounded to its highest level in nearly seven...

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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.

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

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...