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OPEC+ agrees to delay October oil output hike for two months, sources say

OPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three...

Algoma Central Corporation announces retirement of CFO and appointment of new CFO

Algoma Central Corporation announced that after 14 years of dedicated service as Chief Financial Officer with Algoma, Peter Winkley will be retiring, effective December...

BW LNG announces 10-year charter with NEPCO

BW LNG announced the signing of a 10-year charter with the National Electric Power Company (NEPCO), Hashemite Kingdom of Jordan, to deploy a Floating...

Dorian’s drive toward sustainability – Improving efficiency and lowering emissions together with Hempel

Dorian, a leading owner and operator of 25 modern fuel efficient Very Large Gas Carriers (VLGCs), announced that it is positioning itself as...

Dalian iron ore tumbles to one-year low on China demand worries

Dalian iron ore futures fell for the fifth straight session on Thursday to hit their lowest in more than a year, as a batch...

Baltic index edges up on higher capezise rates

The Baltic Exchange’s dry bulk sea freight index tracking rates for ships carrying dry bulk commodities edged up on Thursday supported by stronger rates...

Oldendorff Carriers and the University of Strathclyde are setting up new research centre for sustainable shipping

Oldendorff Carriers and the University of Strathclyde are setting up a research centre for sustainable shipping at the university in the centre of Glasgow. A...

Frontline announces Board changes

Frontline announces that Mr. Marios Demetriades has resigned as Director of the Company. The Board would like to thank Mr. Demetriades for his considerable contribution...

SMM 2024: DNV awards Wallenius Wilhelmsen first B100 verification for biofuel insetting

At the SMM trade fair, DNV awarded shipping and logistics company Wallenius Wilhelmsen its first biofuel insetting verification statement - recognizing the company’s use...

US East Coast Ports Union meets over wage demand, preps for possible strike

The International Longshoremen’s Association union, representing 45,000 workers at major container ports from Texas to Maine, will begin two days of meetings on Wednesday...

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Danaos exploring bulker business Oslo-listing

Danaos has reportedly hired investment banks to advise on a possible equity placement and listing in Norway for its dry bulk business. More specifically, TradeWinds...

TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

DryLog reports loss in FY2025

DryLog Trading posted a loss for 2025 as a weakening bulk carrier market coincided with reduced seaborne trade volumes and an environment of intense...

Nordic American Tankers – The Hansson family now collectively own 12 million NAT shares

Nordic American Tankers Ltd announced that Hansson family now collectively own 12 million NAT shares. “I am pleased to inform you that my son, Monaco...

Hafnia Limited: Mandatory notification of trade – Redelivery of borrowed shares in connection with offering

Reference is made to the stock exchange announcement published by Hafnia Limited on 24 September 2026 regarding the lending of shares by BW Group...

Trump says Russia and Ukraine agreed to ‘energy ceasefire’

President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy...

Iran says US response to its proposal to reopen Hormuz was ‘insufficient’

The United States' response to Iran's seven conditions in a proposal to reopen the...

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...