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Euroseas reports best financial results in recent years

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced today its results for the three-...

Maersk continues with fleet renewal plan

In continuation of its fleet renewal programme initiated in 2021, A.P. Moller - Maersk (Maersk) is in the process of signing newbuilding orders and...

Korean shipbuilders in talks for $6.6 bn Qatar LNG tanker deals

South Korean shipbuilders are in talks with Qatar for expected $6.6 billion deals to manufacture additional liquefied natural gas (LNG) tankers as the growing...

Intermodal Weekly Market Report [W31]

The dry bulk market has seen a rise in secondhand asset values this year. While average earnings have remained healthy, the ratio between earnings...

Korean Shipbuilding Industry eyes on profitable container ships with high market demand

South Korea’s shipbuilding industry is experiencing a resurgence in container ship orders amid a period of high ship prices and ample order backlogs. This...

Iron ore drifts lower as falling near-term demand, high stocks weigh

Iron ore futures prices drifted lower on Tuesday as wider losses induced production cuts among steelmakers in top consumer China and lingering high portside...

Baltic index hits one-week high on capesize strength

The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Tuesday, as gains in the capesize segment overshadowed declines in...

Ardmore Shipping announces leadership changes and cohesive updates to its commercial organization

Ardmore Shipping has announced a series of strategic leadership changes and updates to its commercial organization following news of the upcoming retirement of Founder...

Global Ship Lease Reports Results for the Second Quarter of 2024

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and six month periods ended June 30, 2024. Second Quarter of...

MOL secures class approval for World’s First Wind-Assisted LNG carrier design

Mitsui O.S.K. Lines, Ltd. (MOL) has been awarded approval in principle (AiP) by Nippon Kaiji Kyokai (ClassNK) for the design of a membrane LNG...

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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...