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Panama tightens oversight on oil transfer operations

In a move aligned with the standards of the International Maritime Organization (IMO), Panama has strengthened its requirements for ship-to-ship (STS) oil transfer operations...

Frontline reports profit of $33.3 million in first quarter of 2025

Frontline reported unaudited results for the three months ended March 31, 2025: Highlights  Profit of $33.3 million, or $0.15 per share for the first quarter of...

MOL Inks long-term time charter deal for newbuilding VLCC

Mitsui O.S.K. Lines has ordered a new LNG-fueled very large crude carrier (VLCC), which will sail under a long-term time charter contract with Idemitsu...

Shipbuilding market showing signs of fatigue

The shipbuilding market is gradually showing signs of fatigue, with brokers stressing that after three years of robust orders and strong investment activity, the...

CK Hutchison confirms Aponte’s MSC is main investor in ports deal

CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte’s family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to...

Cadeler acquires additional jack-up vessel in strategic expansion to meet growing global O&M demand

Cadeler announced that it has agreed to acquire the Boqiang 3060 – a newly-constructed jack-up wind turbine installation vessel (WTIV) – from Shanghai Boqiang...

NORDEN collaborates with Microsoft to lower its maritime supply chain emissions

Danish shipping company NORDEN is working on a pilot project with Microsoft to help reduce its maritime supply chain emissions by allocating emissions reductions...

Dorian LPG achieves “good results” in volatile environment

Dorian LPG, a leading owner and operator of modern very large gas carriers reported its financial results for the three months and fiscal year...

Dalian iron ore rangebound as traders weigh China demand, higher shipments

Prices of Dalian iron ore futures traded within a thin range on Thursday as investors weighed resilient demand for the steelmaking ingredient in top...

Baltic dry index snaps 3-session losing streak on capesize strength

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, breaking a three-session losing...

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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...