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Saipem awarded two offshore contracts in Saudi Arabia worth approximately 1 billion USD

Saipem has been awarded two offshore contracts in Saudi Arabia under its existing Long-Term Agreement with Saudi Aramco. The overall value of the two...

Intermodal Weekly Market Report [W35]

Libya's oil production, crucial to both its economy and global energy markets, was severely disrupted last week. The country's production has fallen by around...

Dalian iron ore posts steepest drop in nearly two years

Dalian iron ore futures logged their sharpest daily drop in almost two years on Tuesday, as bleak economic data from top consumer China clouded...

Baltic index extends gains on strong capesize demand

The Baltic Exchange’s dry bulk sea freight index tracking rates for ships carrying dry bulk commodities extended gains on Tuesday, led by a jump...

DP World enters retail and fashion logistics

DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong. Cargo Services is...

Inmarsat’s NexusWave trialed by Hapag-Lloyd for enhanced maritime connectivity

Inmarsat Maritime, a Viasat company, has announced that global container liner shipping group Hapag-Lloyd is among the first to trial NexusWave, the fully managed...

Samskip advances zero-emission shipping, partnering with TECO 2030

Samskip announced its partnership in the groundbreaking HyEkoTank project, an initiative supported by the European Union’s Horizon Europe program. As part of its ongoing...

Prevention at Sea and DYNAMARINe announce strategic partnership to foster sustainable maritime solutions

Prevention at Sea and DYNAMARINe, two leading companies in the maritime industry, are proud to announce a new strategic co-operation through an MOU signed...

Dalian iron ore posts largest daily loss in nearly two years

Dalian ore futures prices tumbled to log their steepest daily fall in almost two years on Monday, weighed down by a batch of dismal...

Baltic index logs best day in 18 months on capesize strength

The Baltic Exchange’s dry bulk sea freight index jumped by more than 10% on Monday to register its best day in 18 months, propelled...

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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...