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Winter chill set to keep oil prices near $80/barrel

Oil prices will hold near $80 as the year ends, as tight supplies and higher gas bills encourage a switch to crude for power...

Baltic index down for 6th day

The Baltic Exchange’s dry bulk sea freight index dropped for a sixth straight session to its lowest in seven weeks on Thursday, pressured by...

Industry Looks to U.N. Climate Talks to Steer Cleaner Shipping

World leaders attending COP26 climate talks from the end of the month must ratchet up pressure to make shipping decarbonise by 2050, a senior...

Navigator Holdings CEO steps down

Navigator Holdings Ltd., a leading provider of seaborne transportation and distribution of liquified gases, announced that Dr. Henry “Harry” Deans has given notice that...

S. Korea: New Shipbuilding Orders Set To Drop In 2022

New shipbuilding orders are forecast to decrease next year. This is because container shipping companies which aggressively placed shipbuilding orders due to high shipping...

China To Grant Port Clearance To Stranded Australian Coals

Chinese steel mills in various parts of the country have received verbal notices from regional customs for port clearance of stranded Australian coals, several...

Fortescue Posts Record Q1 Iron Ore Shipments, Costs In-Line

Fortescue Metals Group said on Thursday iron ore shipments rose 3% to a record level in the first quarter, as the world’s no.4 miner...

Baltic index extends losses on lower rates across vessels

The Baltic Exchange’s dry bulk sea freight index fell for a fourth straight session Tuesday, weighed down by weak demand across all vessel segments....

Seadrill Announces Confirmation of Plan of Reorganization

Seadrill announced that its Plan of Reorganization has been confirmed by the U.S. Bankruptcy Court for the Southern District of Texas. Earlier this month,...

U.S. Retail Lobby Sends S.O.S. to Congress on Supply-Chain Chaos

The U.S.’s biggest retail lobby asked Congress to pass a $1.2 trillion infrastructure package as well as update shipping and trucking laws to ease...

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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...