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Iron ore extends decline as higher supply sours sentiment

Iron ore futures prices slipped for a second consecutive session on Thursday, as mounting global supplies weighed on market sentiment. The most-traded January iron ore...

Baltic Index edges down from near two-year peak as rates drop across all segments

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, eased from a near two-year-peak on Thursday,...

DCSA welcomes IKEA Supply AG as first shipper to participate in DCSA+

IKEA Supply AG has joined DCSA+, the Digital Container Shipping Association’s partnership programme for advancing digital standards across the container shipping industry. As the...

DRBA commission awards contract to construct New “Green” Ferry

Delaware River and Bay Authority (DRBA) officials announced that the addition of a new diesel-hybrid vessel is one step closer to joining the Cape...

Kinetics invests in and partners with Amogy to advance clean energy solutions for floating power and data center infrastructure

Amogy, a provider of scalable and efficient ammonia-to-power solutions, announced an investment from and strategic partnership with Kinetics, a London-based energy company dedicated to...

DNV awards MSC, Zhoushan Changhong International, and CIMC ORIC AiP for new 21,700 TEU ammonia powered mega-boxship

DNV has awarded an Approval in Principle (AiP) to the joint consortium of MSC, Zhoushan Changhong International, and CIMC ORIC for a new 21,700...

Russia oil revenue falls by a third on weak crude, strong ruble

The Russian government’s oil proceeds shrank by almost a third in November from a year ago as weaker crude prices and a stronger currency...

Dong Fang Offshore accelerates strategic expansion: signing subsea and cable lay vessel (clv) shipbuilding contract

Dong Fang Offshore (DFO), a leading offshore wind service provider in Asia, today announced the formal signing of a major Subsea and Cable Lay...

Greek shipowners choose modern second-hand ships

Greek shipowners used the opportunities offered by the second-hand market to renew their bulk carrier fleets in 2025. The limited availability of berths in Asian...

Intermodal Weekly Market Report [W48]

Beijing’s release of the first batch of 2026 import quotas has prompted Chinese independent refiners, including both larger and smaller “teapot” refineries, to re-emerge...

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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...