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Iron ore falls on demand concerns following accident at Chinese steel mill

Iron ore futures fell for a fourth session on Tuesday, as an accident at a Chinese steel factory triggered concerns over demand for the...

Baltic index rises on firm vessel rates

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, extended gains on Tuesday, supported by strong demand...

SM Group’s Korea line equips entire fleet with Starlink

Korea Line Corp., the shipping arm of SM Group, announced that it has successfully completed the installation and activation of SpaceX’s Starlink satellite internet...

EnBW sells stake in Mona offshore wind farm to partner JNbp

EnBW Energie Baden-Württemberg AG (EnBW) is selling its stake in the Mona offshore wind project, with a potential capacity of 1.5 gigawatts (GW) in...

IMO welcomes entry into force of the BBNJ Agreement

The Biodiversity Beyond National Jurisdiction (BBNJ) Agreement targets sustainable use of marine biodiversity in international waters. The world’s first global treaty to protect ocean life...

DOF Group ASA – Contract award in Guyana

DOF Group ASA announced a large turn-key contract award with MODEC Guyana Inc. for the provision of mooring pre-lay for the Hammerhead FPSO project...

Wood secures two-year contract extension worth up to $65 million with Woodside for North West Shelf asset upgrades

Wood has secured a two-year contract extension worth up to US$65 million (AUD$100 million) with Woodside to continue delivering brownfield engineering, procurement and construction...

Cosco expects a return to normalcy in Suez

In an environment of intense geopolitical developments and changing cargo flows, the port of Piraeus remains at the heart of global trade. The gradual normalization...

Panama Ports see 3.6% rise in TEU container traffic in 2025

Panama’s port traffic rose 3.6% in 2025 to 9.9 million TEU containers compared to the previous year, the country’s Maritime Authority said on Friday. The...

HD Hyundai’s Avikus secures industry-record contract to supply autonomous navigation to 40 HMM Vessels

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, has signed a landmark agreement with HMM, South Korea’s leading national carrier, to supply its AI-based autonomous...

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2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

KCC: First quarter 2026 business update

Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day). The CABU fleet...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

EU to widen Iran sanctions to those who block Hormuz

The European Union will expand the criteria of its Iran sanctions to include those...

NYK Line, Golden Island, and Yara Clean Ammonia unveil landmark partnership to jointly drive...

NYK Bulkship (Asia) Pte. Ltd., Golden Island Pte. Ltd., and Yara Clean Ammonia Norge...

Celestyal Successfully Transits Strait of Hormuz, Leading Safe Passage for Cruise Industry

Celestyal has confirmed the successful and safe transit of both its vessels, Celestyal Discovery...

US seizes Iranian cargo ship, Tehran vows to retaliate

The United States said on Sunday that it had seized an Iranian cargo ship...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Port of Long Beach Nation’s busiest seaport through March

The Port of Long Beach moved the most cargo in North America in March and through the first quarter of 2026, Port of Long...

AD Ports Group signs deal explore investment in key Romania port

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...