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Port of Oakland container volumes rise 11.4% on year in 1H21

Container volumes handled by the Port of Oakland in the first six months of 2021 increased by 11.4% over the same period last year...

Gibson Weekly Tanker Market Report [W28]

VLCC spot earnings averaged just $500/day on the benchmark TD3C trade during the 1st half of this year on slow steaming, non scrubber, non...

OPEC+ agrees oil supply boost after UAE wins argument with Saudi

OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global...

Canada to Allow Return of Cruise Ships in November

Canada will allow cruise ships back into its waters starting in November as the COVID-19 pandemic fades, but they must fully comply with public...

Container Rates to U.S. Top $10,000 as Shipping Crunch Tightens

Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week, ensuring transportation costs will stay...

Brent crude oil price forecast to average $72/barrel in 2H21

In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half...

Milaha Sees Increase in 1H2021 Net Profit

Qatar Navigation (Milaha) Q.P.S.C. announced its financial results for the six months ended June 30, 2021. Key financial highlights: • Operating revenues of QAR 1.37 billion...

Panama Canal Authority extends east lane maintenance

The Panama Canal Authority has extended for the second time ongoing maintenance on the waterway’s east lane at the Gatun Locks through July 17,...

Baltic index hits a month’s low on weaker demand

The Baltic Exchange’s main sea freight index fell to its lowest level in a month on Thursday as lower demand weighed, with the panamax...

Subsea 7 awarded contract in the Middle East

Subsea 7 announced the award of a sizeable contract in the Middle East. The scope of work includes engineering, procurement, construction, and installation of various...

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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...