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Rio Tinto H1 profit falls 34% on easing iron ore prices

Rio Tinto reported a near 34% drop in first-half underlying earnings and slashed its interim dividend on Wednesday, as easing iron ore prices offset...

Baltic index logs best day in nearly 5 months on capesize strength

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, on Wednesday posted its biggest single-day gain since March,...

NYK Bulkship (Atlantic) to introduce NYK Group’s first wind-assisted ship-propulsion unit

NYK Bulkship (Atlantic) N.V., an NYK Group company, will introduce a wind-assisted ship-propulsion unit on a bulk carrier engaged in a long-term charter contract...

newcleo, Fincantieri, RINA working on feasibility study for nuclear naval propulsion

newcleo, the clean and safe nuclear technology company developing innovative Generation IV reactors using nuclear waste as fuel, announced today that it has signed...

Europe Gas Rises With Supply Risks as LNG Cargoes Idle at Sea

Liquefied natural gas stored on ships jumped to its highest level since May in a sign that weak demand and high inventories in Europe...

Intermodal Weekly Market Report [W29]

The recent commitment from Russia and Saudi Arabia to production cuts, coupled with Saudi Aramco's consecutive increase in OSPs to Asian customers, has prompted...

Iron ore futures rally on China stimulus pledge

Iron ore futures rose on Tuesday, as China’s pledge to provide more support for its flagging economy lifted sentiment, while expectations of a possible...

Baltic index drops to lowest in over seven weeks

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended declines on Tuesday pressured by lower demand for...

ABS Board of Directors Elects John McDonald President

ABS Chairman and Chief Executive Officer, Christopher J. Wiernicki, and the Board of Directors have announced that John McDonald was elected President of ABS...

New Appointments to TT Club Boards

Morten Engelstoft has been elected as the new Chairman of TT Club as Ulrich Kranich retires.  Three new Directors also announced. The liability insurance provider...

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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...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

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)...

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

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...