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Baltic index hits more than three-week high on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its gains to its highest level...

BHP’s quick strike fix sets tone for labor talks amid copper rally

Mining giant BHP’s quick fix to a recent six-day strikeat its huge Escondida copper mine in Chile could set the tone for upcoming negotiations...

Argentina quarantines grains ship over suspected mpox case

Argentine authorities have quarantined a cargo ship in the Parana River over a suspected case of mpox onboard, the government said on Tuesday, as...

Dalian iron ore extends gains on strengthening steel prices

Dalian iron ore climbed on Tuesday, supported by a persistent rise in steel prices in top consumer China, although lingering doubts around demand prospects...

Bahri signs almost $1 billion deal for nine oil tankers

The National Shipping Company of Saudi Arabia (Bahri) 4030.SE has signed a purchase agreement to acquire nine Very Large Crude Carriers (VLCCs) from Capital...

Intermodal Weekly Market Report [W33]

The reopening of Pipavav Shipyard by Reliance Industries, owned by the Ambani family, marks a pivotal moment in India's quest to become a major...

Baltic index hits three-week high on gains in capesize segment

The Baltic Exchange’s dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, touched its highest in three weeks...

British International Investment commits up to $35 million alongside DP World into the Democratic Republic of the Congo’s first deepwater container port

British International Investment, the UK’s development finance institution and impact investor, has committed to invest up to $35 million towards the development of the...

d’Amico exercises option for MR product tanker

d’Amico International Shipping S.A., an international marine transportation company operating in the product tanker market, announced that its operating subsidiary d’Amico Tankers D.A.C. (Ireland)...

Ocean Yield net profit at USD 24.3 mln in Q2

Ocean Yield announced results for the second quarter and first half year 2024. HIGHLIGHTS EBITDA for Q2 2024 was USD 58.5 million and Adjusted EBITDA was...

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TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

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...

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...