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Weak demand across vessels drags Baltic index to worst month in over 2 years

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell on Wednesday and registered its biggest monthly decline...

Hapag-Lloyd: Installation of tracking devices on dry container fleet

Hapag-Lloyd has taken the first step in its major project to equip its entire dry container fleet with real-time tracking devices. The first of...

Boskalis: Increased Takeover Offer from HAL

This joint press release by Koninklijke Boskalis Westminster N.V (‘‘Boskalis’’) and HAL Holding N.V. (“HAL Holding”) is issued pursuant to the provisions of article...

EU sets sights on energy market reform as prices soar

The European Union is drafting emergency plans to intervene in its energy market as pressure grows from member states to put a lid on...

Egypt Introduces Measures to Help Clear Backed Up Ports

Egypt’s finance ministry has put in place a package of measures to clear a backlog of goods piled up in port, a ministry statement...

Bill Gates-Backed Fund Backs Methanol as Green Fuel for Shipping

Green fuels and new engines to consume them could help limit climate-warming emissions from giant ships that keep the world economy moving. The shipping...

Intermodal Weekly Market Report [W34]

Scorching temperatures and extremely dry conditions during the Northern hemisphere summer have been drying crops...

Baltic index extends dip on weakness across vessel segments

The Baltic Exchange’s main sea freight index fell for a fourth straight session on Tuesday on weakness across vessel segments, with the panamax segment...

TotalEnergies: Northern Lights signs first deal to store CO2 in Norway

TotalEnergies announced the signature of a commercial agreement between Northern Lights and Yara to transport and store CO2 captured from Yara Sluiskil, an ammonia...

DHT Holdings announces sale of DHT Edelweiss

DHT Holdings announced that it has entered into agreement to sell the DHT Edelweiss, a 2008 built VLCC, for $37.0 million. The vessel is not...

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Samudera Shipping reports lower y-o-y net profit despite higher revenue for 1HFY2026

Mainboard-listed Samudera Shipping has reported a 20.5% y-o-y dip in net profit to US$33.2 ($42.9) million for 1HFY2026 ended June 30 in a bourse...

Performance Shipping reports financial results for the second quarter and six months ended June 30

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.9 million and net income attributable...

Capital Clean Energy Carriers announces second quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery...

Safe Bulkers announces strong results, increased dividend

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and six-month periods ended June...

CMA CGM: Strong results driven by the Group’s agility in a volatile environment

CMA CGM reported its financial results for the second quarter of 2026, highlighting strong results driven by the Group’s agility in a volatile environment...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...