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Fincantieri to Study Use of Green Hydrogen in Ports, Shipping

Europe’s biggest utility Enel has agreed to work with Italian shipbuilder Fincantieri to find ways to use green hydrogen in ports and long-range sea...

Baltic index rises as capesize rates hit highest since mid-May

The Baltic Exchange’s main sea freight index rose on Thursday on stronger vessel rates, with capesizes at a near three-month peak. The overall index, which...

FSL Trust reports 1H net profit of USD 0.9 million

FSL Trust Management Pte. Ltd., the trustee-manager of FSL Trust, announced the unaudited financial results of FSL Trust for the 2nd quarter and 1st...

Container equipment prices have peaked and are expected to moderate

Prices of dry freight shipping containers have doubled over the past year to reach historic highs but will moderate over the next few years,...

Iron ore futures close at nearly 4-month low

Chinese iron ore futures ended down almost 5% at a nearly four-month low on Thursday, as domestic consumption remains sluggish on steel production controls. The...

Royal Caribbean Stock Down on Earnings Miss, Delta Variant

Royal Caribbean Cruises Ltd. tumbled after reporting second-quarter results that fell short of Wall Street projections and saying the delta variant of Covid-19 is...

SFL Acquires Two Containerships; Sells Feeders to MSC

SFL Corporation is set to acquire two secondhand 14,000 TEU containerships, built in 2013 and 2014. Both vessels are chartered to a leading container...

Higher rates across vessels propel Baltic index to over 1-month high

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, scaled its highest in more than a month...

DNV, Nakilat JDP to improve vessel software reliability & quality

Nakilat, a global leader in energy transportation, Classification Society DNV, and a group of leading yards and system suppliers have teamed up on a...

MOL eyes 90 LNG-powered vessels by 2030

Mitsui O.S.K. (MOL) has announced four new LNG-powered car carriers amid a push to launch 90 such vessels by 2030, despite wider industry concerns...

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Ports

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...

KCC: First quarter 2026 business update

Klaveness Combination Carriers’ preliminary fleet average TCE earnings for the first quarter ended at $33,432/day, approximately $550/day above the guiding range ($31,400-32,900/day). The CABU fleet...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Aegean Shipping: Strategic partnership with Danaos Consultants

Aegean Shipping Management, in collaboration with Danaos Management Consultants, is developing digital technology by...

ZIM announces CEO departure

ZIM Integrated Shipping Services Ltd. (the “Company”) announced earlier today that Mr. Eli Glickman,...

Seaspan Marine streamlines business with sale of chip and hog fuel barge division to...

Seaspan Marine announced an agreement with Hodder Tugboat Co. Ltd. to sell its legacy...

Princess Cruises announces voyager class order

Princess Cruises, a leading global cruise line of Carnival Corporation & plc, the world's...

Hormuz crisis at crossroads as U.S.–Iran talks set to restart

Talks to end the Iran war could resume in Pakistan over the next two...

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...

Port of Long Beach Nation’s busiest seaport through March

The Port of Long Beach moved the most cargo in North America in March and through the first quarter of 2026, Port of Long...

AD Ports Group signs deal explore investment in key Romania port

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a framework agreement with the National Company Maritime Ports...

Port of Los Angeles posts solid first quarter performance

The Port of Los Angeles processed 752,520 Twenty-Foot Equivalent Units (TEUs) in March, a slight 3% decrease compared to last year when shippers front-loaded...

Piraeus Port Authority to participate in Seatrade Cruise Global Exhibition

Piraeus Port Authority (PPA) continues to strengthen its international presence in the cruise sector by participating in the Seatrade Cruise Global Exhibition, the industry’s...