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Insurers could face losses of up to $4 billion after Baltimore bridge tragedy, analyst says

Baltimore’s Francis Scott Key Bridge collapse could cost insurers billions of dollars in claims, analysts say, with one putting it at as much as...

Maersk CEO sees Red Sea shipping disruption lasting ‘at least a few months’

Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably...

FSRU Alexandroupolis: New natural gas gateway to the Balkans kicks off mid-December

Next week, if all goes as planned, the specially configured Gastrade tanker, which will be Greece’s first Floating Storage Regasification Unit (FSRU), begins its...

Cyprus, UK sign MoU to increase cooperation in shipping

The Cyprus Shipping Deputy Ministry (SDM) and the Department for Transport of the United Kingdom of Great Britain and Northern Ireland have signed a...

Baltic index up for seventh day on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index rose for a seventh straight session Monday, as strong capesize rates offset losses in the smaller...

Gibson Weekly Tanker Market Report [W01]

The first key item on the agenda for oil markets was the January 4th OPEC+ meeting in which the alliance decided to maintain its...

CMA CGM delivers ‘very good’ quarterly financial results

The Board of Directors of the CMA CGM Group, a world leader in shipping and logistics, met today under the chairmanship of Rodolphe Saadé,...

COSCO SHIPPING Ports Enhances Presence in Red Sea Region

COSCO SHIPPING Ports Limited, the world’s leading ports operator, announced that, in accordance with the terms and conditions of the share purchase agreement for...

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Elektrik Süpürgesi Hortum DeğişimiElektrikli Süpürge Teknik Servisi Kadınların vazgeçilmez ev eşyalarından biri olan elektrikli süpürgeler 1855 yıllarına kadar uzansa da, evlerimize giren modern elektrikli süpürgelerin...

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CMB.TECH continues fleet rejuvenation strategy

CMB.TECH NV has provided a market update regarding its fleet rejuvenation efforts in Q3 and Q4 2025.

Castor Maritime announces $50.0 million Debt Financing and Full Redemption of the 8.75% Series E Cumulative Perpetual Convertible Preferred Shares

Castor Maritime, a diversified global shipping and energy company, announces the signing of a $50.0 million sustainability-linked senior term loan facility with a European...

Konstantakopoulos issued special stock by Costamare

Costamare announced that it has entered into a Stock Subscription Agreement with Konstantinos Konstantakopoulos, pursuant to which Mr. Konstantakopoulos will purchase 1,200 shares of...

C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Travlou: The postponement of the Net Zero Framework an opportunity for sustainable, green transition

The decision to postpone the vote for one year on the proposed roadmap for...

Seaspan strengthens fleet efficiency through comprehensive vessel retrofits and upgrades

Seaspan provides an update on its SAVER (Seaspan Action on Vessel Energy Reduction) program launched in...

Baltic Index steady on minimal gain across vessel segments

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

INTERTANKO to continue its focus on practical pathways in the absence of an agreement...

After an intense week ending in a vote, the International Maritime Organization’s Net Zero...

ABS to acquire MetaSHIP assets to expand immersive maritime training

American Bureau of Shipping has agreed to acquire the MetaSHIP intellectual property and vessel...

Global Ship Lease issues statement regarding China-Specific port fees and US ownership

Global Ship Lease, a containership owner and lessor, issued the following statement in response to the Implementation Measures on the Special Port Charges for...

Port of Los Angeles strategies continue to deliver clean air gains

The Port of Los Angeles is furthering its progress in reducing pollution from all sources that move cargo through its gateway. In 2024, when...

Pacific basing takes measures to comply with port fee regulations

Pacific Basin Shipping has issued a trading update for the third quarter of 2025.

Wallenius Wilhelmsen suspends 2025 Outlook on US port fees impact

On October 10, 2025, a proposed modification of Annex III in the USTR section 301 on port fee regulations was released. In the proposal,...

First “Special Port Fee” reportedly charged in China – report

According to information circulating within industry channels, the U.S.-flagged container ship MV MANUKAI, operated by Matson, has reportedly become the first vessel to be...