The past week closed with the Kamsarmax sector once again emerging as the most underperforming segment in terms of average time-charter equivalent (TCE) with...
Iron ore futures prices dipped on Tuesday, surrendering earlier gains, as the weakening Chinese demand outlookfor steel outweighed softer supply and expectations of further...
The Baltic Exchange’s main sea freight index retreated on Tuesday after hitting its highest in nearly two months in the previous session, pressured by...
On September 9, 2024, Nanjing Tanker Corporation (a sister company of China Merchants Energy Shippin and subsidiary of China Merchants Group.) approved the construction...
ZIM Integrated Shipping Services, a global container liner shipping company, announced that it has entered into a new long-term operational cooperation with Mediterranean Shipping...
Ocean Network Express and Yang Ming Marine Transportation announced that the three companies will continue to cooperate closely under the new alliance name Premier...
The Elwha and Klahowya are back on the market. Recent developments have prompted Washington State Ferries to terminate purchase and sales agreements with Nelson...
QatarEnergy has signed an agreement today with China State Shipbuilding Corporation (CSSC) for the construction of 6 additional state-of-the-art QC-Max vessels, bringing the total...
On Friday, the Brussels Market Court in Belgium ruled that Compagnie Maritime Belge (CMB) wrongly calculated the offer price of shares during its mandatory...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and six-month periods ended June 30, 2026.
Second Quarter of...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...