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US ocean container imports tumble in May as China tariffs take hold

U.S. seaborne imports of goods from China dropped 28.5% year-over-year in May, the sharpest decline since the pandemic, as President Donald Trump's 145% tariffs...

Fire onboard Singapore-registered container vessel Wan Hai 503 off Indian Coast

The Maritime and Port Authority of Singapore (MPA) has been informed that there was a fire onboard the Singapore-registered container vessel Wan Hai 503,...

Wah Kwong launches clean fuels trading subsidiary

Wah Kwong Maritime Transport Limited announced the establishment of Venture Energy Limited, a subsidiary focusing on the procurement and trading of clean fuels. Uniquely positioned...

Demand for propeller retrofits surge four-fold but adoption remains limited

Demand for advanced propeller retrofits and energy saving devices (ESDs) has nearly quadrupled since 2020 as shipping owners and operators look to enhance energy...

Strengthening UK energy security with new gas sales agreement

Equinor and Centrica sign long-term gas sales agreement of 55 TWh of natural gas per year (around 5 billion cubic meters - bcm) for...

IRI: A Dynamic Week of Innovation, Collaboration, and Global Engagement

The Republic of the Marshall Islands (RMI) Registry wraps up a dynamic week at Nor-Shipping 2025. With 16 team members at the conference and...

Noble secures contract in Papua New Guinea

In addition to the recently announced Suriname Contracts, TotalEnergies has awarded the Noble Viking a contract for one firm well plus one option well...

Iron ore dips as focus shifts to softening China steel demand

Iron ore futures dipped on Thursday, as the focus shifted back to softening steel consumption in top consumer China’s off-peak demand season. The most-traded September...

Baltic index hits highest level since late March

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its highest level since late March,...

Greek shipping registry continues to lose ground

The Hellenic Statistical Authority data showed a new plunge for the Greek merchant fleet and especially for commercial ocean-going shipping vessels. In particular, the fleet...

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TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

ZIM raises full-year 2026 guidance

ZIM Integrated Shipping Services Ltd. raised its guidance for the year ending December 31, 2026, reflecting continued strong market demand and favorable momentum in...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Hyundai Glovis, LGL team up to explore SMR-powered car carriers for Korea-US routes

Hyundai Glovis said Tuesday it has teamed up with US logistics firm Liberty Global...

DP World expands contract logistics network in Thailand with new Bang Na distribution center

DP World announced the opening of a new contract logistics distribution centre in Bang...

Three oil tankers hit by projectiles in Hormuz strait on Tuesday, Marisks says

Three Liberian-flagged oil tankers were struck by unknown projectiles when ​transiting the Strait of...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...