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5,800 ships of the Greek-owned fleet in 174 countries

The Greek fleet made more than 160,000 calls in 174 countries in 2023, confirming the global footprint and geoeconomic importance of the sector. As reported...

Panama seizes two key ports from Hong Kong group amid U.S.-China canal dispute

Hong Kong conglomerate CK Hutchison said Tuesday that Panama authorities had threatened its employees with criminal prosecution if they defied orders to leave two...

Cheniere celebrates 10 years of LNG exports

Cheniere Energy, Inc. celebrates the 10th anniversary of its first export cargo of liquefied natural gas. On February 24, 2016, Cheniere loaded the Asia Vision...

Matson, Inc. announces fourth quarter and full year 2025 results; provides 2026 outlook

Matson, Inc., a leading U.S. carrier in the Pacific, reported net income of $143.1 million, or $4.60 per diluted share, for the quarter ended...

DHT Holdings, Inc. secures one-year time charter for DHT Redwood

DHT Holdings, Inc. announced it has entered into a one-year time charter agreement at $105,000 per day for the VLCC DHT Redwood, built in...

Middle East oil exports push tanker costs to 6-year-high amid threat of US-Iran war

The cost of shipping oil has surged to the highest in six years, fuelled by a wave of crude exports from the Middle East...

Saipem awarded a new offshore contract in Saudi Arabia worth approximately $500 million

Saipem has been awarded an additional offshore contract in Saudi Arabia under its existing Long-Term Agreement with Aramco. Saipem’s scope of work includes the Engineering,...

Panama officially cancels CK Hutchison port concessions, clearing path for Maersk

Panama on Monday published in its official gazette a Supreme Court ruling canceling key port contracts held by a subsidiary of CK Hutchison, clearing...

MISC’s LNG profit to rebound on newbuilds despite weak spot rates

MISC Bhd’s liquified natural gas (LNG) pre-tax profit is likely to recover from this year onwards due to progressive newbuilding deliveries. CGS International Securities Malaysia...

Uni-Fuels expands Southeast Asia footprint with new regional office in Thailand

Uni-Fuels Holdings Limited, a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels Co., Ltd., its newly incorporated regional...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

PIL announces planned leadership succession: Wan Chee Foong appointed Deputy CEO, to succeed Lars...

The Board of Directors of Pacific International Lines (PIL) announced the appointment of Mr...

ABS and lomarlabs team up to accelerate early-stage, innovative solutions for global shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...