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Top shipping line MSC will keep avoiding Red Sea for now

Container liner MSC Mediterranean Shipping said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any...

Greek Shipping Minister praises ONEX contribution to economy

Minister of Maritime Affairs and Insular Policy, Christos Stylianidis, and Deputy Minister, Stefanos Gikas paid a visit to the ONEX Shipyards. During the visit, Stylianidis...

ADNOC’s logistics arm transfers tankers to Navig8, will cut some staff after takeover

Abu Dhabi National Oil Company's logistics arm has transferred its tankers to Navig8 after it bought 80% of the firm for more than $1...

BHP’s iron ore, copper output surge on mine improvements

BHP Group BHP said on Tuesday its iron ore production inched ahead in the December quarter, while its copper output surged 17% after improvements...

Baltic index at over 1-year low as rates decline across segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on...

China’s shipbuilding remains robust but growing capacity weighs on steel plate market

China’s shipbuilding remained robust in 2024, and is likely to maintain strong growth momentum in 2025, which would benefit the steel plate market. However,...

Baltic index falls to 19-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, hit its lowest in more than 19...

Oil Supertanker Rates on China Routes Double Since Sanctions

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent...

Wood wins significant new maintenance contract with Esso Australia

John Wood Group PLC (‘Wood’) has been awarded a significant new contract to provide long-term maintenance solutions for onshore and offshore assets in the Gippsland...

Celsius Tankers places LNG order at Samsung Heavy Industries

Celsius Tankers has ordered an LNG carrier newbuilding priced at KRW 379.6bn ($261.5m) at Samsung Heavy Industries. The company is set to take delivery of...

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TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

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...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

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...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

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...