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Sempra announces strategic transactions advancing goal of building leading U.S. utility growth business

Sempra announced several strategic actions that advance Sempra's corporate strategy. The company is executing on five value creation initiatives designed to simplify Sempra's business...

Singapore’s Seatrium selling Texas shipyard to Turkey’s Karpowership for $51 million

Singapore-based Seatrium Limited (SEAT.SI), opens new tab said on Tuesday it has a deal to sell its "surplus" AmFELS Yard shipbuilding facility in Texas...

Himalaya Shipping – Conversion to fixed rate time charter for one vessel

Himalaya Shipping has agreed to convert the index-linked time charter for the Mount Bandeira to a fixed rate time charter at a rate of approximately US$38,000 per day,...

Intermodal Weekly Market Report [W38]

China’s aluminium powerhouse is approaching a hard ceiling. Af-ter two decades of relentless expansion that lifted the country’s share of global output to around...

Iron ore slips on weak Chinese steel demand despite holiday restocking

Iron ore futures prices closed lower on Tuesday, pressured by signs of softening end-use steel demand in China, although restocking ahead of the Chinese...

Baltic index edges up on higher rates for capesize vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose on Tuesday, supported by higher capesize...

Concerns over the “roadmap” for decarbonizing shipping

Serious concerns about the “roadmap” for decarbonizing shipping – Net-Zero Framework (NZF) – which is expected to be put forward for adoption in mid-October...

HD Hyundai Heavy Industries continues pursuit of U.S. Shipyard Acquisition

HD Hyundai Heavy Industries has announced its intention to pursue the acquisition of a U.S. shipyard while stating that it is not considering additional...

Hansson family raises stake in NAT

The Hansson family has raised its stake in Nordic American Tankers (NAT). According to an official announcement: Non-Executive Vice Chairman and Board member of NAT, Alexander...

SAL Heavy Lift expands fleet with Semi-Submersible Vessels

SAL Heavy Lift announced a further expansion of its deck carrier fleet. The German heavy lift and engineering specialist has acquired two semi-submersible deck...

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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...

ABS and PIL to advance maritime decarbonisation with alternative marine fuel emissions verification

ABS and Pacific International Lines (PIL) have announced a formal collaboration through the signing...

Strait of Hormuz remains near-empty with just a few Iran ships moving

The Strait of Hormuz remains largely empty of merchant ships, with only a few...

US-Iran peace hopes fade as Trump scraps talks

Hopes of a diplomatic breakthrough in the U.S.-Israeli war with Iran faded on Sunday,...

Boluda Towage strengthens its presence in Southeast Asia with the acquisition of Seatrium Group’s...

Boluda Towage takes a new step in its global expansion with the acquisition of...

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...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

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...