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Penta-Ocean to build world’s largest and most advanced CLV

Penta-Ocean Construction and Fuyo General Lease announced that they will jointly own two large work vessels for use in offshore wind construction: a heavy...

Greeks dominate global tankers market

In the annual ranking of the strongest shipping nations – in terms of the total value of the fleet – published by the shipping...

Baltic index down to near two-year low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped to a 23-month low on Monday...

Seacon expands fleet through en-bloc transaction

Seacon Shipping Group Holdings has announced the acquisition of seven mini bulk carrier vessels from Baltic Shipping’s subsidiaries, with the total transaction valued at...

TMS Group in leasing deal for LNG carrier

SBI Leasing Services announced that it had partnered with BNP Paribas to arrange a leasing agreement with TMS Group. The deal involves the newly...

EDT Offshore and Synergy Marine Group announce Joint Venture: EDT Synergy Shipmanagement

EDT Offshore, a leading provider of integrated marine and subsea services, and Synergy Marine Group, a global ship management company, announced the formation of...

GSB Tankers and Asahi Tanker formed a JV for expansion in Asia

GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers...

DP World weighs USD 1 bln investment in Peru

DP World is interested in investing more than $1 billion to expand port infrastructure in Peru, the country’s government said on Wednesday following a...

Energean posts record year in 2024

Energean provided an update on recent operations and the Group's trading performance in the 12-months to 31 December 2024, together with guidance for 2025.

Havfram clinches contract for offshore wind project

Oslo-based Havfram has signed a contract to construct an offshore wind project in Europe. The project will be executed in 2029, utilizing one of Havfram’s...

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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...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

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...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...