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Subsea 7 Charters Otto Candies, Bordelon Marine Vessels for GOM Ops

Subsea 7 has entered into four long-term charter agreements with Otto Candies and Bordelon Marine for the deployment of Jones Act-compliant vessels in the...

BOURBON creates offshore wind division

After more than 10 years of installation of the main floating wind farm prototypes in Europe, BOURBON announces the setup of a new division...

Siem Offshore Enters into New 3-Year Contract for OSCV Siem Stingray

Siem Offshore has entered into a new three-year contract for the OSCV Siem Stingray with Subsea7 as charterer. The contract will commence in direct continuation...

EU Considers Russian Oil Shipping Ban as Part of Price Cap

The European Union is considering adding shipping restrictions to its oil sanctions as the bloc continues to discuss the introduction of a price cap...

Shanghai rebar creeps higher on China demand optimism

Chinese rebar futures rose on Wednesday to their highest in four weeks, buoyed by fresh signs of increased government support for the troubled property...

Greece ramps up LNG imports to mitigate energy crisis

On the islet of Revithoussa near Athens, Greece’s only liquefied natural gas (LNG) terminal station is operating at full capacity. The country has boosted...

Baltic index falls for third day as capesize rates slip

The Baltic Exchange’s main sea freight index (.BADI), tracking rates for ships carrying dry bulk commodities, fell for a third straight session on Wednesday...

Explosive market demand boosts China’s LNG shipbuilding

Chinese shipbuilders have secured growing orders for producing liquefied natural gas (LNG) vessels this year amid the deepening energy crisis in Europe, which enables...

China Warns Waning Global Demand Is Top Threat to Trade

Overseas demand for goods from China is weakening as the global economy slows, warned a senior Chinese commerce ministry official, though the country still...

Iron ore rises as Chinese steel mills resume ramping up output

Iron ore futures rose on Tuesday, with Singapore prices rebounding after two straight sessions of losses, as top steel producer China resumed ramping up...

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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.

Panama Canal postpones Neopanamax draft adjustment

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

US, Iranian forces fire at vessels in waters near Iran

U.S. ​and Iranian forces fired at vessels in waters around Iran on Saturday, including...

Iran blacklists more ships trying to sail through Hormuz, govt website shows

Iran has added more ships it deems as non-compliant and subject to fines, confiscation...

Celestyal announces 2028 summer Mediterranean programme

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September...

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia, the world's biggest crude exporter, said on Wednesday that an Iranian attack...

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...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...