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Suez Canal annual revenue hits record $5.84 billion

Egypt’s Suez Canal revenue rose to a record $5.84 billion in its 2020-21 financial year (July-June), up from $5.72 bln in the previous year,...

Port of Antwerp posts growth in first half of 2021

During the first six months of 2021, 120 million tonnes were transhipped through the Port of Antwerp, an increase of 5% compared with the...

‘Unfavorable factors’ clouding Hyundai Heavy – report

Hyundai Heavy Industries Group’s sub-holding company Korea Shipbuilding & Offshore Engineering (KSOE) has already fulfilled over 90 percent of its sales goal this year,...

Gibson Weekly Tanker Market Report [W27]

The 1sthalf of last year may have seen extreme fluctuations as a result of Covid-19 and the oil price war, with the past six...

Aker Solutions seals subsea contract with Aker BP

Aker Solutions ASA has been awarded a substantial contract from Aker BP ASA to provide a subsea production system for the Kobra East &...

Sovcomflot adds two LNG newbuilding having secured TotalEnergies charters

TotalEnergies has declared an option it held with Sovcomflot for two further 174,000 cbm LNG carriers. The vessels will be chartered by TotalEnergies for...

Port of Long Beach Maintains Steady Cargo Flow in June

Cargo moving through the Port of Long Beach remained strong in June as retail spending cooled down while consumers warmed up to summertime recreation...

TAQA, Abu Dhabi Ports planning mega green hydrogen to ammonia project

Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities in the region, and Abu Dhabi Ports, announced on Wednesday they...

Biden to Take Aim at Rail, Sea Shipping Competition

US President Joe Biden will order U.S. transportation agencies in coming days to address competition in rail and sea shipping in an effort to...

Baltic index edges higher on stronger capesize rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as capesize vessel rates firmed. The...

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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...

Wallenius Lines becomes sole owner of Wallenius SOL

Wallenius Lines has entered into an agreement to acquire SOL Group’s shares in Wallenius SOL, thereby becoming the sole owner of the company. The...

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...

Höegh Autoliners welcomes the Höegh Pacific to its fleet

Last week, Höegh Autoliners celebrated and welcomed yet another newbuild to the Höegh fleet. The...

US, Iran agree to two-week ceasefire with reopening of Strait of Hormuz

The United States and Iran have agreed to a two-week ceasefire, reaching a deal...

UAE says the use of Hormuz must be guaranteed in any US-Iran deal

UAE official Anwar Gargash said any settlement of the U.S.-Iran war must guarantee access...

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...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...