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Baltic index extends losses for 11th session on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index fell for the 11th straight session on Thursday, dragged lower by a dip in rates across...

Wheat Export Prices Rise Sharply On Likely Supply Concern, Strong Demand

Export prices of wheat from Russia and Ukraine rose sharply Nov. 3, after futures contracts registered sharp gains early in the week amid supply...

Genco posts net income of $57.1 million in third quarter

Genco, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the three months and nine...

Maersk Tankers CEO says shippers will pay carbon taxes

The head of a major shipping company wants a carbon tax for his industry by 2025, and he’s confident his customers are willing to...

CMA CGM to buy Los Angeles’ FMS container terminal

Shipping group CMA CGM has agreed to acquire the Fenix Marine Services (FMS) container terminal at the port of Los Angeles in a deal...

ERMA FIRST, MAN Energy Solutions agree strategic partnership

MAN Energy Solutions Benelux via MAN PrimeServ Omnicare strategy will be providing after-sales technical support to vessels equipped with ERMA FIRST ballast water treatment...

Braemar: Strong performance in 1H

Braemar Shipping Services Plc, a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, announces its...

Baltic index drops to 5-month low as vessel rates fall

The Baltic Exchange’s dry bulk sea freight index dropped to its lowest in five months on Wednesday, as rates across vessel segments fell. The overall...

DHT Holdings Reports Q3 Loss

DHT Holdings announced its results for the quarter ended September 30, 2021:

Matson targets net-zero emissions by 2050

Matson Inc. announced additional environmental sustainability goals. Specifically, the company aims to reduce fleet-related greenhouse gas emissions by 40% by 2030 and reach net-zero fleet...

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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...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday,...

Boluda Towage strengthens its presence in Southeast Asia with the acquisition of Seatrium Group’s...

Boluda Towage takes a new step in its global expansion with the acquisition of...

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...

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...

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...