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Global freight seen steady but surplus supply weighs

Global tanker freight is seen steady over the next few months as oil buyers replenish inventories, exporters release reserves, refinery margins remain high and...

Chinese steel futures fall on lean demand, lower raw material prices

China’s steel rebar and hot-rolled coils futures dropped on Thursday, as downstream demand remained sluggish amid the fresh wave of COVID-19 cases while weaker...

Baltic index hits lowest in over 5 weeks as vessel rates dip

The Baltic Exchange’s dry bulk sea freight index hit its lowest in over five weeks on Thursday, dragged down by declining rates across all...

Golar LNG: Sale of shares in New Fortress Energy

Golar LNG announced that it has sold approximately one third of the 18.6 million New Fortress Energy shares received upon completion of the sale...

EU countries hunt for global coal stocks as Russian ban looms

European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and...

China iron ore futures jump to over 8-month high

Benchmark iron ore futures in China jumped 4% on Wednesday, hitting their highest level in more than eight months, as trading resumed after the...

Market seeks alternatives to Russian crude supplies

The geopolitically exposed dirty tanker markets are likely to remain highly volatile through second quarter of 2022 as crude oil fundamentals remain uncertain. Following the...

Saudi’s record crude oil price for Asia shows Russia war impact

The jump in Saudi Arabia’s crude oil prices for its Asian customers is a real world example of how the Russian invasion of Ukraine...

Baltic index falls to its lowest in over a month on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index hit its lowest level in more a month on Wednesday, as rates declined across all vessel...

Iron ore green corridor links Australia with East Asia

A consortium, led by the Global Maritime Forum and consisting of BHP, Rio Tinto, Oldendorff Carriers and Star Bulk Carriers Corp., have today signed...

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TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

Nakilat achieves QAR 857 million net profit for the first half of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the first half of the year ended 30 June 2026, with a...

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...

Attacks on Greek tankers heighten shipping security concerns

A fresh wave of attacks on commercial shipping has heightened concerns over maritime security...

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)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...