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Petrobras, Equinor to evaluate Brazil offshore wind projects

During CERAWeek, Petrobras and Equinor have signed a letter of intent that expands the cooperation between the two companies to assess the technical, economic,...

Russian Crude Heads to UAE as Sanctions Divert Flows

The United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data and trading sources, in another example...

MOL Signs MoU on Building Clean Hydrogen/Ammonia Value Chain in Thailand

Mitsui O.S.K. Lines, Ltd. announced the signing of a memorandum of understanding (MoU) on building a clean hydrogen and ammonia value chain derived from...

Wärtsilä to supply systems for new Very Large Ethane Carriers in China

The technology group Wärtsilä will supply the Cargo Handling and Fuel Supply systems for four new Very Large Ethane Carrier (VLEC) vessels. These ships...

Iron ore slides after China seeks advice on rising prices

Dalian and Singapore iron ore futures weakened on Monday after China’s state planner said last week it had sought expert advice on policy measures...

Baltic index hits over ten-week high on stronger capesize, panamax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level since late December on...

MMA wins contracts for offshore windfarm services

MMA has been awarded three contracts supporting offshore windfarm developments in Taiwan during 2023. The three contracts, with firm periods totalling 370 days, will increase...

Russia Wheat Exports Nearly Double What They Were Before War

After a slow start to the season, Russia’s grain exports are booming as buyers load up on its attractive bumper supplies. The country’s shipments of...

Suez Canal: Container Ship Refloated After Breakdown

A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has resumed its journey, the Canal...

DP World to Invest USD $38M to Boost Container Capacity in Brazil In 2023

DP World is planning to invest USD $38 million in 2023 to expand and modernize its facilities located on the left bank of Brazil’s...

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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.

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...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

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...