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Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to secure its spot, according to people familiar with the matter. South...

IMO calls for urgent action as piracy resumes in the Gulf of Aden

IMO Secretary-General Mr. Arsenio Dominguez issued the following statement following reports of the SEAMULL being hijacked on 20 August 2026: “Shipping challenges are on the...

Euroseas announces 2-year charter contract extension for its Feeder Containership, M/V Jonathan P

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

Diana Shipping announces direct continuation of time charter contract for m/v Leto with Cargill

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned...

KAMCO and Standard Chartered partner to boost foreign currency financing for Korean shipowners

South Korea's state-backed asset manager KAMCO has joined forces with Standard Chartered Singapore to expand smaller domestic shipowners' access to dollar-denominated funding. The initiative...

Star Bulk: Share-swap deals more attractive

Star Bulk Carriers’ investment plans following the termination of an agreement with Diana Shipping to acquire 16 ships from Genco, in the event that...

Travlos: Greek shipping backs Liberia-Panama proposal for green transition

Greek shipping supports the proposal put forward by Liberia and Panama for the green transition of shipping under the International Maritime Organization (IMO), while...

UKMTO says tanker struck by unknown projectile off Saudi Arabia’s Yanbu

A tanker was struck by an unknown projectile 63 nautical miles west of the Red Sea port of Yanbu, Saudi Arabia, the United Kingdom...

Iran threatens 45 tankers with fines, confiscation in Hormuz escalation

Iran said it had blacklisted 45 tankers that had broken its rules for crossing the Strait of Hormuz, and would take action against ​any...

The Swedish Club reports strong financial performance amid challenging market conditions

The Swedish Club has reported a strong and disciplined financial performance for the first half of 2026, underpinned by improved underwriting profitability, continued premium...

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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...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

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...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...