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Drewry: Multipurpose Time Charter Index Up by 1.7% Feb

The Drewry Multipurpose Time Charter Index increased to $10,987 per day in February, representing a rise of 1.7% compared to the 2.2% rise seen...

Iron ore outlook more bullish than lower China growth target suggests

China’s lowering of its economic growth target for 2022 to 5.5% seems at first glance to be bearish for iron ore prices, but there...

U.S., Europeans discussing banning Russian oil imports

The United States and European partners are exploring banning Russian oil imports, U.S. Secretary of State Antony Blinken said on Sunday, but stressed the...

Baltic index gains on higher rates for all vessels

The Baltic Exchange’s dry bulk sea freight index rose on Monday, helped by higher rates in all vessel segments. The overall index, which factors...

Eagle Bulk: Strong finish to 2021

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk segment, reported financial results for the three months and year ended December 31,...

Russian Oil Tankers Rerouting from Canadian Destinations

Two oil tankers owned and managed by Russia’s largest maritime and freight shipping company, Sovcomflot, which was blacklisted by the United States last week...

Asian buyers grapple for wheat supply amid Russia-Ukraine conflict

Global wheat prices have sky-rocketed since Russia invaded Ukraine, disrupting supply from the world’s largest wheat exporting region while boosting Australia’s profile as markets...

European bunker markets feel the heat of Russian sanctions

Bunker market participants across Europe have turned cautious about sourcing fuel from Russia following its military invasion of Ukraine end-February, with many anticipating tightened...

Grindrod Results Boosted by Port & Terminals Operations

Grindrod achieved a commendable performance in its core businesses for the year ended 31 December 2021 underpinned by record mineral volumes handled at its...

Baltic index slips as lower capesize rates offset gains in smaller vessels

The Baltic Exchange’s dry bulk sea freight index fell on Thursday, as a dip in capesize rates outweighed gains in the panamax and supramax...

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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...

BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

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...