South Carolina Ports recorded 206,859 TEUs at its marine terminals in October, a 1% year-over-year dip, as fiscal year volumes remain above plan. October marked the Port's strongest month for loaded exports since June, with an 18% year-over-year increase…
CMA CGM closed the third quarter of 2025 with a mixed scorecard that underlines how volatile geopolitics continue to reshape global liner networks. Group results fell year-on-year, but the core shipping arm lifted liftings and stabilized sequentially…
The Connecticut Maritime Association (CMA) announced that its most prestigious honor, The Commodore Award, has been renamed The Jim Lawrence Commodore Award, effective immediately. This change commemorates the extraordinary life and lasting legacy of Jim Lawrence…
Stolt-Nielsen Limited announced that Jens F. Grüner-Hegge, the Company’s Chief Financial Officer (CFO), has decided to retire from his executive position in the second half of 2026. Alex Ng, current Vice President, Corporate Development & Strategy…
“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight-month high in week 45…
Star Bulk Carriers reported a weaker third quarter amid softening dry bulk markets, lower charter rates and a smaller operating fleet, while continuing to reshape its fleet through vessel sales, refinancing and newbuilding acquisitions.The company posted net income of $18…
German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday and lowered the top end of its full-year earnings forecast, blaming volatile markets and pledging to be strict on costs…
Damen Shipyards Group has announced the successful delivery of four advanced dredging component packages for Trailing Suction Hopper Dredgers (TSHDs). These vessels, which are being constructed at different shipyards in Central America, where…
SFL posts Q3 2025 revenue of $178 million and net income of $8.6 million; declares 87th consecutive quarterly dividend of $0.20 per share.Contracted charter backlog reaches $4 billion with a weighted average term of 6.5 years, two-thirds backed by investment-grade clients…
The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11.In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer…
Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta. However, an immediate largescale return to the region will require a series of further assurances…
Fincantieri has secured a new order from Norwegian Cruise Line Holdings Ltd. (NCLH) to build an ultra-luxury cruise ship for its Regent Seven Seas Cruises brand, reinforcing one of the most enduring partnerships in the global cruise sector.Scheduled for delivery in 2033…
'We estimate that the dry bulk supply/demand balance will strengthen slightly in 2025 and gradually weaken in 2026 and 2027. Cargo demand growth is slowing, as coal shipments decline and iron ore shipments stagnate,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO…
Shipping group Maersk reported better-than-expected third-quarter results on Thursday but warned falling freight rates were set to cause losses in its ocean container business during the fourth quarter, sending its shares lower.Maersk, considered a barometer of global trade…
CMA CGM will register 10 container vessels to be delivered in the next three years under the French flag, adding more seafarers from its home country after facing calls to contribute more to France's debt-stricken economy.CMA CGM, the world's third-largest container shipping line…
