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Dalian iron ore hovers near 7-month high on China stimulus hopes

Prices of steelmaking ingredients in China climbed on Tuesday on hopes for additional policy support to shore up the world’s second largest economy and...

Scorpio Tankers Announces Agreements to Sell 3 Vessels

Scorpio Tankers announced it has entered into agreements to sell three vessels (two LR2s and one MR). The sale price of the two LR2s (2015...

Maersk, Egypt join forces on green fuel production

Maersk and Egyptian authorities signed a Memorandum of Understanding (MoU) to explore the establishment of large-scale green fuel production in Egypt, in an effort...

US Goods Trade Deficit Narrows But Remains Near-Record

The U.S. trade deficit in goods narrowed in February, but the fall reversed only a fraction of the surge to a record high in...

Drewry: Port Throughput Index Returns to Growth In Jan

The Drewry Port Throughput Index resumed its growth trajectory in January 2022 to reach 138.8 points, 4% higher than in January 2021 and 7.4%...

Dalian iron ore scales seven-month peak on China liquidity boost

Dalian iron ore climbed to a seven-week high on Monday and the Singapore Exchange benchmark rebounded above $150 a tonne, as traders cheered China’s...

Baltic index declines on capesize weakness

The Baltic Exchange’s dry bulk sea freight index edged lower on Monday as the capesize segment dipped for a ninth consecutive session. The overall index,...

India Plans To Double Imports Of Russian Coal

India is leaning toward continuing to import coking coal from Russia, the steel minister said on Sunday, seeming to buck a global trend to...

Benchmark Iron Ore Futures In China Jump On Supply Crunch At Mills

Chinese iron ore futures jumped 3% on Friday, rising for the second straight session and tracking fourth weekly gains from supply shortage at mills...

Refiners in Europe seek alternative crudes; aim to increase runs

Refiners across Europe are looking for alternative crude supply in the wake of Russia’s invasion of Ukraine, with many starting to maximize CDU runs...

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Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...