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Iron ore jumps to over three-week high on China stimulus, soft global supply

Prices of iron ore futures surged on Wednesday to their highest levels in more than three weeks, as a fresh batch of monetary easing...

Baltic index hits nearly three-month high on higher capesize rates

The Baltic Exchange’s main sea freight index extended gains on Wednesday hitting its highest in nearly three months, buoyed by higher rates for the...

Wallenius Wilhelmsen upsizing 4 of the vessels on order to largest in the world

Wallenius Wilhelmsen has announced that four of the twelve Shaper Class vessels currently on order with Jinling Shipyard (Jiangsu) will be increased in size...

Intermodal Weekly Market Report [W38]

India's crude oil import landscape has been undergoing notable shifts, particularly with the recent 18% decline in Russian oil imports during August 2024.

Trafigura appoints Richard Holtum as new CEO

Trafigura Group announced that Richard Holtum will become Chief Executive Officer (CEO) of Trafigura, effective 1 January 2025 and will join the Trafigura Board...

Maersk shares jump as US Port strike looms, boosting rates

AP Moller-Maersk A/S shares jumped as much as 4.9%, extending recent gains on expectations that labor talks with US port workers will fail and...

Iron ore posts steepest daily rise in over 1 year on fresh China stimulus

Prices of iron ore futures surged on Tuesday to log their largest intraday gain in more than a year, as a wave of fresh...

Baltic index hits more than two-month high on stronger vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, hit a more than two-month high on Tuesday...

N-O-S orders of new hybrid E-Class vessels

Northern Offshore Services (N-O-S) announces the order of new E-Class vessels, marking a significant expansion of the fleet. The order continues the successful new-build...

CMA CGM to acquire a c.48% stake in Santos Brasil

Santos Brasil is the leading terminal operator in Brazil with 8 strategic assets in container, liquid, and vehicle handling and logistics services across the...

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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...