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SHI Expands U.S. Cooperation from Military Support Vessels to LNG Bunkering Ships

Samsung Heavy Industries (SHI) is expanding its U.S. shipbuilding cooperation areas from military support vessels to joint construction of liquefied natural gas (LNG) bunkering...

Karachi Gateway Multipurpose Terminal and Louis Dreyfus Company sign long-term agreement to develop clean bulk handling & storage facility

AD Ports Group, a global enabler of integrated trade, transport, industry, and logistics solutions, announced that Karachi Gateway Terminal Multipurpose Limited (KGTML), part of...

Rio Tinto sees up to $10 billion in divestment potential

Rio Tinto CEO Simon Trott outlined a plan on Thursday to generate $5 billion to $10 billion through divestments and productivity growth, as he...

IMO Assembly adopts new Capacity Development Strategy

The 34th session of the Assembly of the International Maritime Organization (IMO) concluded in London with the adoption of a new strategy to strengthen...

Hapag-Lloyd bids for ZIM

International shipping giant Hapag-Lloyd has made an offer for Zim Integrated Shipping Services. As far as is known, the bid is in the initial...

Iron ore extends decline as higher supply sours sentiment

Iron ore futures prices slipped for a second consecutive session on Thursday, as mounting global supplies weighed on market sentiment. The most-traded January iron ore...

Baltic Index edges down from near two-year peak as rates drop across all segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, eased from a near two-year-peak on Thursday,...

DCSA welcomes IKEA Supply AG as first shipper to participate in DCSA+

IKEA Supply AG has joined DCSA+, the Digital Container Shipping Association’s partnership programme for advancing digital standards across the container shipping industry. As the...

DRBA commission awards contract to construct New “Green” Ferry

Delaware River and Bay Authority (DRBA) officials announced that the addition of a new diesel-hybrid vessel is one step closer to joining the Cape...

Kinetics invests in and partners with Amogy to advance clean energy solutions for floating power and data center infrastructure

Amogy, a provider of scalable and efficient ammonia-to-power solutions, announced an investment from and strategic partnership with Kinetics, a London-based energy company dedicated to...

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Kongsberg Maritime begins trading on Oslo Stock Exchange

Kongsberg Maritime ASA, a global leader in maritime technology, begins trading on Euronext Oslo Stock Exchange under the ticker symbol KMAR. The company has...

Qatar’s Nakilat posts 1.3 percent rise in Q1 profit amid geopolitical challenges

Qatar Gas Transport Company Nakilat has reported a rise in net profit for the first quarter of 2026, despite what it described as geopolitical...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...

Castor Maritime reports Q4 Net Income of $17.6 Million

Castor Maritime Inc., a diversified global shipping and energy company, announced its results for the three months and year ended December 31, 2025. Highlights of...

Robin Energy reports strong revenue growth

Robin Energy Ltd. announced strong revenue growth in the fourth quarter of 2025, reflecting the growth phase it is in. Total vessel revenue amounted to...

Greek-managed vessel confirmed seized by Iran in Hormuz Strait

A Greek-managed container ship has been seized by Iranian forces in the Strait of...

Iran seizes two ships in Hormuz αfter Trump halts attacks indefinitely

Iran seized two ships in the Strait of Hormuz on Wednesday, tightening its grip...

Military planners to discuss Hormuz reopening in London

Military planners from more than 30 countries will hold two-day talks in London from...

Wärtsilä launches next-generation simulation platform to support future-ready maritime training

Technology group Wärtsilä announces the launch of NTPRO 7, a next‑generation bridge and ship‑handling...

The Strait of Hormuz crisis and the lubricant supply chain: What every maritime operator...

The conflict between the United States and Iran has, in just a matter of...

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...

High-level meeting on European strategies for the maritime industry and ports

A high-level meeting on the implementation of the European Maritime Industrial Strategy and the European Ports Strategy will be hosted in Athens on April...

Piraeus Port maintains its strategic role as key logistics hub for Eastern Mediterranean and SE Europe

The Port of Piraeus is resilient to the disruptions caused by the conflict in the Middle East on global supply chains. However, downward pressure is...

2025 a “milestone year” for Thessaloniki Port

ThPA S.A. announces the financial results in accordance with IFRS for the year ended December 31st, 2025. For another year, dynamic business operations led...