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CSSC announces historic deal with QatarEnergy

On Monday, China State Shipbuilding Corp, the world's largest shipbuilder, received what it calls the world's largest single order of ships from energy industry...

Red sea diversions spew carbon emissions equal to 9 million cars

Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons of carbon, making it...

Hapag-Lloyd launches first dry container tracking product “Live Position”

Hapag-Lloyd announced the launch of “Live Position”, its first dry container tracking product. Customers can now enjoy full transparency on the location of their...

Cyprus Shipping Chamber applauds adoption of net-zero act

The Cyprus Shipping Chamber recently announced that it welcomed the adoption of the Net-Zero Industry Act proposal by the European Parliament. As explained by the...

Iron ore retreats on weak Chinese industrial data

Iron ore futures prices fell on Monday after weak industrial data in top consumer China and the completion of pre-holiday restocking by steelmakers ahead...

Baltic index slips for 6th day on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index fell on Monday, hurt by weaker demand across all vessel segments, with rates for capesize vessels...

Nakilat posts strong 1Q 2024 results

Qatar Gas Transport Company (Nakilat)'s Net Profit rose by 6.1 percent in Q1 of 2024, to become QR 419,757,000, compared to a Net Profit...

Maersk commits $600 million investment in Nigeria’s ports

Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk MAERSKb.CO, the presidency said in a statement on Sunday. The investment was secured during...

Iran says crew of MSC Aries to be released

Iran’s foreign minister said the crew of a seized Portuguese-flagged ship linked to Israel have been granted consular access and are expected to be...

Global LNG freight rates stable despite recent vessel availability fluctuation

Global LNG freight rates have remained steady throughout this year, despite the number of LNG vessels available in both the Pacific and Atlantic spot...

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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...