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‘Unfavorable factors’ clouding Hyundai Heavy – report

Hyundai Heavy Industries Group’s sub-holding company Korea Shipbuilding & Offshore Engineering (KSOE) has already fulfilled over 90 percent of its sales goal this year,...

Gibson Weekly Tanker Market Report [W27]

The 1sthalf of last year may have seen extreme fluctuations as a result of Covid-19 and the oil price war, with the past six...

Aker Solutions seals subsea contract with Aker BP

Aker Solutions ASA has been awarded a substantial contract from Aker BP ASA to provide a subsea production system for the Kobra East &...

Sovcomflot adds two LNG newbuilding having secured TotalEnergies charters

TotalEnergies has declared an option it held with Sovcomflot for two further 174,000 cbm LNG carriers. The vessels will be chartered by TotalEnergies for...

Port of Long Beach Maintains Steady Cargo Flow in June

Cargo moving through the Port of Long Beach remained strong in June as retail spending cooled down while consumers warmed up to summertime recreation...

TAQA, Abu Dhabi Ports planning mega green hydrogen to ammonia project

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities in the region, and Abu Dhabi Ports, announced on Wednesday they...

Biden to Take Aim at Rail, Sea Shipping Competition

US President Joe Biden will order U.S. transportation agencies in coming days to address competition in rail and sea shipping in an effort to...

Baltic index edges higher on stronger capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as capesize vessel rates firmed. The...

Seanergy sells and buys cape as part of fleet renewal

Seanergy reported that it has entered into a purchase agreement with a major Japanese company to acquire a 2009-built Capesize vessel. In addition, Seanergy...

Firmer capesize rates buoy Baltic index

Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, snapped a five-session losing streak on Wednesday on...

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CMB.TECH continues fleet rejuvenation strategy

CMB.TECH NV has provided a market update regarding its fleet rejuvenation efforts in Q3 and Q4 2025.

Castor Maritime announces $50.0 million Debt Financing and Full Redemption of the 8.75% Series E Cumulative Perpetual Convertible Preferred Shares

Castor Maritime, a diversified global shipping and energy company, announces the signing of a $50.0 million sustainability-linked senior term loan facility with a European...

Konstantakopoulos issued special stock by Costamare

Costamare announced that it has entered into a Stock Subscription Agreement with Konstantinos Konstantakopoulos, pursuant to which Mr. Konstantakopoulos will purchase 1,200 shares of...

C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Travlou: The postponement of the Net Zero Framework an opportunity for sustainable, green transition

The decision to postpone the vote for one year on the proposed roadmap for...

Seaspan strengthens fleet efficiency through comprehensive vessel retrofits and upgrades

Seaspan provides an update on its SAVER (Seaspan Action on Vessel Energy Reduction) program launched in...

Baltic Index steady on minimal gain across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

INTERTANKO to continue its focus on practical pathways in the absence of an agreement...

After an intense week ending in a vote, the International Maritime Organization’s Net Zero...

ABS to acquire MetaSHIP assets to expand immersive maritime training

American Bureau of Shipping has agreed to acquire the MetaSHIP intellectual property and vessel...

Global Ship Lease issues statement regarding China-Specific port fees and US ownership

Global Ship Lease, a containership owner and lessor, issued the following statement in response to the Implementation Measures on the Special Port Charges for...

Port of Los Angeles strategies continue to deliver clean air gains

The Port of Los Angeles is furthering its progress in reducing pollution from all sources that move cargo through its gateway. In 2024, when...

Pacific basing takes measures to comply with port fee regulations

Pacific Basin Shipping has issued a trading update for the third quarter of 2025.

Wallenius Wilhelmsen suspends 2025 Outlook on US port fees impact

On October 10, 2025, a proposed modification of Annex III in the USTR section 301 on port fee regulations was released. In the proposal,...

First “Special Port Fee” reportedly charged in China – report

According to information circulating within industry channels, the U.S.-flagged container ship MV MANUKAI, operated by Matson, has reportedly become the first vessel to be...