News Flash
Hormuz disruption may cap dry bulk growth through 2027
Dry bulk demand growth could be materially constrained through 2027 if disruption persists in the Strait of Hormuz, a route...
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Adani Ports Q4 profit up 9% to $348m on 133.4m tonnes cargo
Adani Ports and Special Economic Zone reported a 9% year-on-year increase in fourth-quarter profit after tax to ₹3,308 crore ($348m),...
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OOCL orders 12 LNG dual-fuel 13,600 TEU container ships
Orient Overseas Container Line Ltd. (OOCL) has ordered twelve 13,600 TEU class LNG dual-fuel container vessels under shipbuilding contracts signed...
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PSA wins Xiamen terminal stake in 20 million TEU Fujian hub
PSA International has secured an investment in Xiamen Container Terminal Group, which operates eight container terminals with a combined annual...
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RV Akademik Fedorov returns home after Antarctica expedition
The Arctic and Antarctic Research Institute (AARI) says its research vessel Akademik Fedorov has successfully completed yet another Antarctic voyage...
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Ardmore Shipping Provides Update on Fleet Investment, Dividend Policy, and Vessel Sale
Ardmore Shipping Corporation provided the following update on capital allocation, vessel sale, and latest TCE guidance. Fleet Investment The Company...
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The Mission to Seafarers Appoints Guy Platten as New Chair
The Mission to Seafarers is pleased to announce the appointment of Guy Platten as its new Chair. A Chartered Master...
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Seaside LNG Announces Expanded C-suite Leadership Team
Seaside LNG, North America’s premier integrated LNG bunkering platform, today announced the appointment of a newly formed C-suite leadership team...
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UAE’s exit rattles OPEC’s grip on the oil market
The UAE’s exit from OPEC is momentous, and undoubtedly the biggest schism in the organisation since it was founded in...
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Port cities present climate action plans at IMO MEPC reception
Cities and ports are accelerating the shift to clean energy and shipping fuels, fostering inclusive dialogue with workers and local...
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World’s largest car carrier delivered in China, boosting global auto transport capacity
A car carrier with a maximum capacity of 10,800 car equivalent units, described as the world’s largest of its kind,...
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Danish shipowners flag concern over Middle East crisis
Chief executives of major Danish shipping companies have expressed concerns over inflated costs of shipping due to the ongoing geopolitical...
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Mitsui O.S.K. Lines Sees Firming Market Conditions in Dry Bulk
In the crude oil tanker market, conditions remained firm in the first half of the fiscal year, as in the...
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World Container Index Keeps Trending Lower
The Drewry World Container Index (WCI) declined for the third consecutive week, easing 1% to $2,216 per 40ft container, due...
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Hormuz disruption shows why early-warning data matters
New UNCTAD dashboard tracks risks across shipping, energy, food and finance as shocks from the Strait of Hormuz spread through...
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Bawat Strengthens Position in Ballast Water Treatment in European Ship Recycling Market
Bawat continues to build momentum in the European ship recycling segment, having successfully completed two large-scale ballast water treatment operations...
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Diana Shipping Inc. Announces Time Charter Contracts for m/v New York with Refined Success and m/v DSI Pyxis with Oldendorff
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced...
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Ahti Pool posts $6M 2025 revenue and achieves first-year profitability; appoints Mona Grannenfelt as COO
Ahti today announces a major acceleration in its growth trajectory after generating $6 million in revenue in 2025, delivering profitability...
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Orca AI joins forces with Samsung Heavy Industries to accelerate autonomous vessel technology
Leading maritime AI company Orca AI has signed a Memorandum of Understanding (MoU) with Samsung Heavy Industries (SHI), one of...
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Liberian Registry Unveils Next-Generation Seafarer Platform with Electronic Documents and a Mobile App for Seafarers
The Liberian Registry, the world’s largest ship registry, today announced the official launch of electronic seafarer documents, marking a significant...
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