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Element Shipmanagement expands into bulkers

Element Shipmanagement is expanding into the dry bulk sector, according to the company’s general manager, Alexandros Lemonidis. More specifically, Element has acquired the M/V “Union...

UK P&I Club and TT Club announce merger discussions

The UK P&I Club and the TT Club have announced that they are currently engaged in discussions regarding a potential merger between the two...

HMM pauses LNG shipping comeback amid weak freight outlook and overseas sale

HMM, which had been considering re-acquiring Hyundai LNG Shipping, has put on hold for now its re-entry into the liquefied natural gas (LNG) transport...

Havila Kystruten AS: Completion of Comprehensive Debt Refinancing

Havila Kystruten AS announces that the previously disclosed EUR 456 million refinancing has now been completed. Closing took place on 24 November 2025 following...

NYK and BHP renew strategic partnership to advance decarbonization and safety in the dry bulk industry

On November 25, Nippon Yusen Kabushiki Kaisha (NYK Line) signed an agreement with BHP Group Ltd (BHP), a leading global resources company in Australia,...

MSC Group to boost trade connectivity for Bangladesh with Inland Terminal Investment

MEDLOG, the global logistics operator and part of the MSC Group of companies, has signed an important concession agreement to operate the Pangaon Inland...

Iron Ore edges up on China demand lift, rising global supply caps gains

Iron ore futures prices edged higher on Wednesday, with support from a modest pickup in China demand outweighing pressure from rising global supply and...

Rising rates across vessel segments push Baltic index to near two-year high

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose for a tenth consecutive session on...

Jinhui sells supramax for $10.3 million

Jinhui Shipping & Transportation has agreed to sell a supramax vessel as part of its fleet renewal plan.

Maersk to return to Red Sea route as soon as conditions allow, CEO says

Shipping group Maersk will take steps to resume navigation through the Red Sea via the Suez Canal as soon as conditions allow, CEO Vincent...

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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...