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Diana Shipping announces time charter contract for M/V polymnia with reachy

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Carnival Corporation to strategically align portfolio and absorb P&O cruises Australia into carnival cruise line

Carnival Corporation & plc, the world's largest cruise company, announced that in March 2025, the company will sunset the P&O Cruises Australia brand and...

Transocean announces $161 million in contract extensions and exercised options for harsh environment semisubmersibles

Transocean announced contract fixtures for three of its harsh environment semisubmersibles. Together, the fixtures represent approximately $161 million in firm contract backlog. In Norway, Transocean...

Iron ore nears seven-week low as weak fundamentals weigh

Iron ore futures extended falls onTuesday to their lowest levels in nearly seven weeks, as signs of weakening in both near-term demand and mid-to-long...

PPA S.A.: Vibrant and engaging presence at Posidonia 2024

PPA S.A. once again showcases its vibrant and engaging presence at the prestigious Posidonia 2024 international shipping exhibition. Drawing a diverse array of visitors from...

Baltic index inches up on capesize gains

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged higher on Tuesday as the capesize vessel...

Greek PM pledges Greek shipping industry support

Prime Minister Kyriakos Mitsotakis addressed the opening ceremony of the maritime exhibition "Posidonia 2024" at the Metropolitan Expo exhibition center on Monday, emphasizing his...

Posidonia 2024 opens for business

With a record number of exhibitors and a packed conference programme Posidonia’s 28th edition welcomes global maritime community to home of shipping. In the presence...

Diana Shipping announces time charter contract for m/v Electra with Aquavita

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary,...

Maersk raises full-year guidance

On the back of continued strong container market demand and the disruption caused by the ongoing crisis in the Red Sea, A.P. Møller -...

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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...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

CMB.TECH sells Suezmax vessel for $ 59.6 million gain

CMB.TECH NV has sold one Suezmax, generating a gain of approximately 59.6 million USD. CMB.TECH...

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...

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...