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Baltic index down for third day on lower rates across vessels

The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, slipped for a third straight session on...

Adani Group shares lose $9 billion after Hindenburg accusations against regulator

Adani Group companies shed as much as $19 billion in market value on Monday but recovered much of the losses after Hindenburg Research accused...

Navigator Gas and Attis Clean Energy invest in U.S. Gulf Coast clean ammonia project

Navigator Holdings, the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announced a co-investment alongside lead investor Attis Clean...

PSA acquires Polish intermodal operator Loconi International

PSA International (PSA), through its subsidiary PSA Baltics N.V., has signed an agreement to acquire an 85 per cent majority stake in Loconi International...

Rail volumes on track for record year at Nordic container terminal

Supported by 8% Swedish container market growth in the first quarter of 2024, interest in rail is reaching new heights in the Nordics, and...

Oil traders ignore dwindling stocks to focus on economy

Oil prices have retreated in recent weeks as traders look past the current depletion in global inventories to focus on the future threat posed...

Icon Energy announces the acquisition of a Kamsarmax Dry Bulk Carrier

Icon Energy, an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes, announces that on August 2, 2024, it entered,...

Cargotec’s half-year financial report: Sixth consecutive quarter with good results, demerger completed

Cargotec's half-year financial report January–June 2024: Sixth consecutive quarter with good results, demerger completed Hiab’s strong profitability continued, comparable operating profit margin was 15.9% in...

Offshore intervention and P&A contract in Brazil awarded to Halliburton

Halliburton announced it has been awarded a contract by Petrobras to provide a full range of services in Brazil for integrated well interventions and...

NORDEN reports net profit of USD 46 million in Q2 2024 and continue to return cash to shareholders

For Q2 2024, NORDEN reports a profit of USD 46 million (approx. DKK 320 million) and USD 108 million (approx. DKK 755 million) for...

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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...