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Oil tankers float for weeks Offshore UK in sign of weak demand

Three tankers carrying North Sea Forties crude have been floating off European shores for more than two weeks without discharge, a sign of weakening...

Yangzijiang Shipbuilding hits record US$16.8b in orders year-to-date

Yangzijiang Shipbuilding’s order book has reached a record US$16.8b year-to-date, exceeding the US$14.5b total from the end of 2023.’s order book has reached a...

Gasum, Equinor agree continuation of long-term LNG bunkering deal

Gasum and Norway-based global energy company Equinor have signed a long-term contract whereby Gasum continues to supply LNG to Equinor’s dual-fuel chartered fleet of...

Iron ore falls to one-week low as weak fundamentals outweigh latest property stimulus

Iron ore futures prices flipped to its lowest level in a week on Tuesday after making gains earlier the session, on investor caution as...

Baltic index hits near 1-month low on weaker vessel rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, slipped to its lowest level in almost a...

Consortium signs MoU for the development of a green methanol facility in Egypt

AD Ports Group, a facilitator of global trade, logistics and industry, Transmar, a leading container shipping line and terminal operator in the MENA region,...

MOL invests further in wind propulsion 

TOKYO-Mitsui O.S.K. Lines and its group company MOL Drybulk announced their intent to install wind propulsion systems including Wind Challenger on a total of...

Iron ore dips as falling China demand, high shipments weigh

Iron ore futures prices slid on Monday after someinvestors and traders liquidated long positionsto cash in profits on bets of faltering consumption amidseasonally slack...

MSC launches $700m Gram offer

A tender offer for a subsidiary of MSC Mediterranean Shipping Company to acquire Gram Car Carriers was launched following the final approach ascent and...

Singapore carries out ship-to-ship bunkering of close to 1,340 metric tons of blended methanol

Singapore is one step closer to developing its full capability to deliver methanol bunkering at a commercial scale. Close to 1,340 metric tonnes (MT)...

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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...