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Editor’s Picks

Diana Reports Financial Results for Second Quarter and Six Months Ended June 30, 2021

Diana Shipping reported net income of $2.8 million and net income attributed to common stockholders of $1.4 million for the second quarter of 2021....

Euroseas Announces New Charter for M/V “EM Spetses”

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced a new time charter contract for its...

Safe Bulkers: Bareboat Charter Agreement with Purchase Option for Capesize

Safe Bulkers announced that in relation to its fleet renewal strategy, it has entered into a twelve-month bareboat charter agreement, with a downpayment by...

Navios Holdings: Redemption of $100 Million of 11.25% Senior Secured Notes due 2022

Navios Holdings, a global seaborne shipping and logistics company, announced that on July 23, 2021, the Company completed the redemption of an aggregate principal...

Safe Bulkers: Acquisition of 3 Kamsarmax Class Dry-bulk Japanese Vessels

Safe Bulkers, an international provider of marine drybulk transportation services, announced that in relation to its fleet renewal strategy, it has entered into agreements...

Tsakos sells feeder containership – brokers

Tsakos Shipping & Trading has reportedly sold feeder containership Sphene (3.398 TEU / blt 2007) at the price of USD 39 million. Sources suggest the...

Diana Shipping Announces Acquisition of Kamsarmax Bulker

Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire from unaffiliated third parties the m/v...

Pyxis Takes Delivery of Modern Product Tanker

Pyxis Tankers Inc., an international pure play product tanker company, announced that it took delivery of the Pyxis Karteria, a medium range product tanker...

Danaos: Acquisition of Six 5,466 TEU Eco-design Wide Beam Container Vessels

Danaos announced that it has entered into an agreement to acquire six 5,466 TEU container vessels built at Hanjin Subic Bay shipyard en bloc...

Seanergy Announces New Time Charter Agreement & New Financing Agreement

Seanergy reported that, taking advantage of the current strong market conditions, it has fixed one more of its Capesize vessels, the M/V Worldship, under...

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United Maritime delivers “solid profitability” in Q3

United Maritime Corporation, announced its financial results for the third quarter and nine months ended September 30, 2025. The Company also declared a quarterly...

Venture Global posts third-quarter profit

Venture Global has reported financial results for the quarter ended September 30, 2025.  As a reminder, Venture Global will host a conference call for investors...

Global Ship Lease reports third quarter net income of $92.6 million

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and nine-month periods ended September 30, 2025. Third Quarter of...

Maersk slides as investors brace for ‘Bleak’ quarters ahead

A.P. Moller-Maersk A/S shares fell with investor disappointment over a smaller-than-expected improvement in the container-shipping giant’s full-year profit guidance. Maersk’s underlying earnings before interest, tax,...

International Seaways reports third quarter 2025 results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the...

Yemen’s Houthi rebels signal that they’ve stopped attacks on Israel and Red Sea shipping

Yemen’s Houthi rebels are signaling they’ve stopped their attacks against Israel and shipping in...

John McDonald appointed ABS Chairman and CEO

The ABS Board of Directors has elected John McDonald as the new Chairman and...

Baltic Index edges down on weak capesize rates

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

Buksér og Berging and Svitzer join forces

Global towage and marine solutions provider, Svitzer Group A/S (Svitzer), has acquired a 66.6%...

Baltic Index slips as capesize rates decline

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

Long Beach Board of Harbor Commissioners approves agreement with SCAQMD for Cleaner AirPort

The Long Beach Board of Harbor Commissioners voted unanimously Monday to approve a cooperative agreement with the South Coast Air Quality Management District and...

Piraeus Port Authority participates in 8th CIIE in Shanghai

The Piraeus Port Authority (PPA), whose CEO is Su Xudong, participated in the 8th China International Import Expo (CIIE), the largest international event dedicated...

AD Ports Group signs agreement with CMA CGM Group to acquire minority stake in Latakia International Container Terminal in Syria

AD Ports Group, a leading global enabler of trade, logistics, and industry, signed a Joint Venture and Shareholders agreement with France-based CMA CGM Group,...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....