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GE Vernova and Seatrium secure a major contract from TenneT to connect North Sea wind power to Germany’s grid

GE Vernova and Seatrium announced that their consortium has been awarded a contract by TenneT to deliver a major part of BalWin5, a new...

Valaris announces multi-year contract award for Drillship VALARIS DS-8

Valaris Limited announced that it has been awarded a multi-year contract with Shell offshore Brazil for drillship VALARIS DS-8. The contract is expected to...

Hanwha Group wins Australian gov’t approval to acquire stake in Austal

Hanwha Group has received approval from the Australian government to acquire an additional stake in Australia-based shipbuilding and defense firm Austal, local media reported...

Iron ore slides as China demand outlook dims

Prices of iron ore futures slid on Thursday on elevated concerns over demand in top consumer China fueled by weakening steel consumption that has...

Baltic Index extends losses to near three-week low on falling vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a near three-week low on...

Greek shipowners: Increased share in November orderbook

Greek shipowners continued the expansion of their newbuilding program in November, with the bulk carrier market emerging as a leading player. According to the new...

Seatrium secures repeat Jack-up Rig contract from International Maritime Industries for Kingdom 4

Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has been awarded a repeat contract by International Maritime Industries , the largest...

BOURBON signs a 5-year contract with ExxonMobil in Guyana

BOURBON announces the signing of a major 5-year contract (with extension options) with ExxonMobil Guyana Limited (EMGL) to provide maritime services in Guyana. It...

US seizes sanctioned oil tanker off coast of Venezuela, Trump says

The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that sent oil...

Knutsen seals Edison deal, orders new LNG carrier

Knutsen OAS Shipping has signed a contract with Edison for the long-term charter of a 174,000 cubic meter vessel for the transportation of liquefied...

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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...