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Contract extension for subsea vessel Seven Viking

Eidesvik Seven Chartering AS, a joint venture company between Subsea7 and Eidesvik Offshore ASA, has entered into an agreement with Subsea7 to extend the...

US recognizes Panama’s sovereignty over canal, Panama says after talks

Panama said on Wednesday the United States recognized its sovereignty over the Panama Canal, despite tough rhetoric from Washington, as the two nations announced...

Iron ore rebounds as widening Sino-US trade war raises China stimulus hopes

Iron ore futures rebounded on Thursday, as an escalating Sino-U.S. trade war lifted hopes of more aggressive stimulus measures from Beijing to counter the...

Baltic Index snaps 12-day losing streak on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for ships carrying dry bulk commodities, snapped a twelve-day losing streak on Thursday,...

World’s first-ever global emissions tax is on the table at crunch shipping talks

The United Nations shipping agency is on the cusp of introducing binding regulations to phase out fossil fuel use in global shipping — with...

Trump signs order to revive us shipbuilding, DOGE review of Navy

President Donald Trump signed an executive order Wednesday that seeks to revive US shipbuilding and will dispatch Elon Musk’s efficiency squad to investigate how...

CK Hutchison says it invested $1.7b in Panama, surpassing obligations

A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on Wednesday, surpassing...

HSM Offshore Energy awarded East Anglia TWO substation contract by ScottishPower

ScottishPower Renewables has awarded an EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) contract for its East Anglia TWO offshore substation and jacket foundation to...

DOF Group ASA – Subsea mooring installation contract award in the APAC region

DOF Group announced a Substantial contract award for subsea mooring installation services in the APAC Region. The contract will utilise Skandi Hercules with related...

Sealead expands in Spain with new entity and managing director

SeaLead, a fast-growing global shipping line, has strengthened its presence in Europe with the establishment of its own entity in Spain, marking a significant...

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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 attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

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...

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...