Wednesday, October 14, 2026
HomeTop Stories

Top Stories

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Top Stories

Iron ore slides to over six-week low amid weakening China demand

Iron ore futures prices slipped to their lowest levels in more than six weeks on Monday, as signs of weakening steel demand in top...

Baltic index snaps 3-session winning streak on lower rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged lower on Monday to snap a three-session...

Red Sea diversions, tariff risks send ocean shipping soaring

Spiking ocean shipping rates, vessel backups at seaports and empty container shortages – issues that wreaked havoc on global trade during the COVID pandemic...

Iron ore prices lack conviction despite China stimulus moves

The balance of risks for iron ore prices are tilted to the downside despite top buyer China’s most recent steps to boost its struggling...

OPEC+ extends deep oil production cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts for 2024 but to start phasing them out in 2025, as...

Global wheat buyers wrong-footed by sharp rally in prices

Wheat buyers in Asia, Africa and the Middle East, which account for two-thirds of global imports of the staple, have been caught out with...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM announced the commencement of a secondary public offering of 6,896,552 of the Company’s Class A common shares by OCM Njord Holdings S.à r.l.,...

Performance Shipping sees Q1 earnings dip

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.4 million and net income attributable to...

Panama Canal increases vessel draft to 45 feet ahead of schedule and before rainy season arrives

The Panama Canal has issued an Advisory to Shipping Lines stating that it will increase the maximum authorized draft to 45 feet. This adjustment, originally...

OPEC+ working on complex production cut deal for 2024-2025, sources say

OPEC+ is working on a complex deal to be agreed at its meeting on Sunday that will allow the group to extend some of...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

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...