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Carnival rolls out SpaceX’s innovative Starlink across entire global fleet

Carnival Corporation & plc, the world's largest cruise company, announced that 100% of its ships across the global fleet are equipped with Starlink's high-speed,...

HD Hyundai expands Asia business

HD Hyundai Heavy Industries will begin operations in a former US naval base in the Philippines. Specifically, a Philippine affiliate of US investment firm Cerberus...

Iron ore slides as prospects of softening demand, Biden’s new China tariff weigh

Iron ore prices extended declines into a second straight session on Wednesday, dragged down by expectations of seasonally falling demand in top consumer China...

Baltic index slips for 5th straight day on weaker vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for the fifth consecutive session on Wednesday...

OTL-Odfjell technology secures 3-year contract for tubular running services with COSL Drilling Europe AS

Odfjell Technology, a leading provider of drilling and well services, hassecured an important contract with COSL Drilling Europe AS. The fixed part ofthe contract,...

Biden hikes U.S. tariffs on Chinese imports, including STS cranes, electric cars

U.S. President Joe Biden on Tuesday unveiled a bundle of steep tariff increases on an array of Chinese imports including electric vehicle (EV) batteries,...

SFL reports first quarter net profit of $45.3 million

SFL Corporation announced its preliminary financial results for the quarter ended March 31, 2024. Highlights 81st consecutive quarterly dividend, increased to $0.27 per share Net profit of...

ABS and HD Hyundai Group sign MOU to advance medium-voltage power systems on ships

ABS, HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries signed a memorandum of understanding to collaborate on the technical feasibility for...

China overtakes Korea in global shipbuilding competitiveness

Korea’s shipbuilding industry was overtaken by China’s shipbuilding industry in the global competitiveness rankings, according to a report. China overtook Korea in overall competitiveness in...

Baltic index hits more than one-week low on weaker vessel rates

The Baltic Exchange’s main sea freight index that tracks rates for ships carrying dry bulk commodities slipped to a more than one-week low on...

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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...