Asian container shipping line Samudera Shipping Line reported a two-fold increase in net profit to USD41.8 million, from USD20.9 million in 1H2024. This came on the back of a 28.0% year-on-year ...

Beijing continues to defy U.S. sanctions as the leading importer of Iranian oil and the second-largest buyer of Russian crude ...

Indonesian owner Samudera Shipping Lines is predicting a tough operating environment in the near term for its container arm.

Econowind, a Dutch firm that develops wind-assisted ship propulsion systems, has received a follow-up order from Nordic ...

Shanghai Waigaoqiao Shipbuilding undocks Cape Ocean Shipping H1595 Aframax. Find the latest news from the maritime industry on the PortNews website.

Shipowners grapple with OPEC+ supply increases, tensions in the Middle East, and rising numbers of newbuildings.

CNN’s Kristie Lu Stout gets inside the trillion-dollar shipping industry to find out what it takes to get made-in-China goods ...

The CMA CGM Phoenix was reflagged July 24 at Charlesrton, S.C., marking the 10,079’x151’ vessel as the largest U.S.-flagged ...

Capital Link is pleased to announce the addition of Heidmar (NASDAQ: HMR) to the Capital Link Company Presentation Series.

Dutch wind propulsion firm Econowind has secured a repeat order from Nordic tanker operator Terntank for eight VentoFoil ...

Thomas Crowley Jr., the third generation to run Crowley Maritime, has figured out how to navigate the U.S.’ protectionist ...