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Marshall Islands Removed from EU List of Non-Cooperative Jurisdictions

The Registrar of Corporations welcomes the decision by the European Union’s (EU’s) Economic and Financial Affairs Council (ECOFIN) to remove the Republic of the...

Iron ore retreats as lower steel output, property woes weigh

Iron ore retreated on Wednesday, as lower-than-expected steel output and a protracted property crisis fueled concerns over demand outlook in the world’s largest consumer...

Evergreen declares force majeure on Israel shipment

Taiwanese container shipping line Evergreen has declared force majeure on a shipment to the Israeli port of Ashdod, with its Ever Cozy vessel diverted...

Capesize gains propel Baltic index to fourth straight day of gains

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains for the fourth straight session on Wednesday...

Intermodal Weekly Market Report [W41]

Shifting our focus away from Chinese demand and directing it towards the consumption of bulk commodities in India, it is apparent that coal is...

Big 3 Korean shipbuilders set to log quarterly profits

South Korea’s three major shipbuilders are likely to log quarterly surplus for the July-September period and remain in the black for years, thanks to...

Baltic index hits over 14-month high on capesize gains

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, scaled its highest in more than 14 months on...

Oil falls more than $1 a barrel on Venezuela deal hopes

Oil futures fell more than $1 a barrel on Monday as expectations rose the U.S. and Venezuela could soon reach a deal easing sanctions...

Oil Freight Has Surged Everywhere Since Hamas Attacked Israel

The cost of transporting oil has surged on almost every mainstream trade route in the week since Hamas attacked Israel. Freight rates on 16 global...

EU’s Carbon Price on Shipping Threatens Economic Growth, Southern Nations Say

The European Union’s looming rules to put a carbon price on shipping emissions threaten economic growth by benefiting ports outside the region, according to...

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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...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

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...

Samsung seeks $186 million from CMA CGM over container shipping disruptions

Samsung Electronics America has filed a complaint with the U.S. Federal Maritime Commission (FMC)...

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...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...