Shipping News


Sallaum Lines Relocates HQ to Cyprus

Jan 21, 2026

Sallaum Lines announced the relocation of its headquarters from Switzerland to Limassol, Cyprus. This move reflects the company’s long-term growth vision and its commitment to strengthening its presence within the European maritime world. Known…

Worley Joins Australia’s Westport Program as Marine Infrastructure Adviser

Jan 21, 2026

Worley has been selected as Marine and Port Infrastructure Technical Advisor by the Government of Western Australia for the Westport Program, which aims to deliver a new container port in Kwinana.Under a joint venture with Arcadis, Worley will…

Nakilat Increases Annual Net Profit by 3.1%, Delivering $460m in FY2025

Jan 20, 2026

Qatar Gas Transport Company Q.P.S.C. Nakilat announced its financial results for the year ending December 31, 2025. The Group delivered a net profit of USD$460 million (QAR 1.69 billion), representing an increase of 3.1% compared to USD$450 million (QAR 1…

Xeneta Warns Unpredictability Could Hurt Ocean Supply Chains as CMA CGM Reverses Red Sea Return Decision

Jan 20, 2026

CMA CGM has announced its FAL1, FAL3 and MEX services connecting Asia and Europe, which recently began transiting Suez Canal again on backhaul voyages, will return to sailing around the Cape of Good Hope.CMA CGM cited the 'the complex and uncertain…

Robusta Coffee Prices Rise Slightly, Cocoa Falls

Jan 19, 2026

Robusta coffee edged up on Monday, consolidating last week's 2% gains in quiet trade with U.S. markets closed for Martin Luther King Jr. Day, while London cocoa headed lower.COFFEE* Robusta coffee closed up 0.3% at $4,013 a metric ton, having gained 2% last week…

Andrea Dellacasa Appointed Medov CEO and General Manager

Jan 19, 2026

Medov Logistics, the shipping, logistics, air freight and supply chain logistics division of Medov Group, announced the appointment of Andrea Dellacasa as Chief Executive Officer and General Manager. This appointment is the Group’s first strategic change of 2026…

Dardanelles Strait Traffic Resumes After Tanker Engine Failure

Jan 16, 2026

Southbound ship traffic is set to resume at 1600 GMT in Turkey's Dardanelles Strait on Friday after a tanker experienced engine failure, shipping agent Tribeca said.Earlier, Tribeca said that the Mozambique-flagged ship Boston Beacon suffered…

Diana Shipping Plans Proxy Fight at Genco

Jan 16, 2026

Global shipping company Diana Shipping plans to launch a proxy fight to replace rival Genco Shipping & Trading's six current directors, making its decision just days after the board rejected Diana's takeover offer, two people familiar with the matter said…

Bahri, Hadeed to Explore Collaborative Maritime Transport Solutions

Jan 15, 2026

The National Shipping Company of Saudi Arabia (Bahri) and the Saudi Iron & Steel Company (Hadeed) have signed a Letter of Intent (LOI) to explore potential cooperation in maritime transport to meet Hadeed’s Iron Ore shipping needs.The LOI, signed in Riyadh…

Baltic Exchange Launches New Intermediate Tanker Indices as Trade Grows in Northwest Europe

Jan 15, 2026

Baltic Exchange has launched a new suite of indices covering four key short-range tanker routes in northwest Europe in order to create the definitive benchmark for the region’s tanker sector and bring greater transparency to the short-range tanker market…

Maersk Successfully Navigates Red Sea Route as Gaza Ceasefire Holds

Jan 12, 2026

Danish shipping firm Maersk said on Monday that another of its vessels successfully navigated the Red Sea and Bab el-Mandeb Strait, weeks after it tested the route as a ceasefire in Gaza raised hopes for normal shipping traffic.'On 11-12 January 2026…

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

Jan 09, 2026

Russia has attacked two foreign-flagged civilian vessels with drones in the southern Odesa region, killing a Syrian national and injuring another, Ukrainian officials said on Friday.Moscow has stepped up attacks on Ukraine's maritime export…

ABB to Build World’s Largest Shore Power System at Port of Rotterdam

Jan 05, 2026

ABB has signed contracts with Rotterdam Shore Power (RSP) to engineer and construct what is expected to be the world’s largest shore power system by capacity at the Port of Rotterdam.The system will provide over 100 megavolt-amperes (MVA) of…

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Dec 29, 2025

Cocoa futures were sharply higher on Monday boosted partly by a slowdown in port arrivals in top grower Ivory Coast, while raw sugar and coffee prices also rose.COCOA* London cocoa rose 6.7% to 4,498 pounds a metric ton by 1447 GMT.* Exporters…

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