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COSCO Shipping reveal massive order of 42 bulk carriers

In a groundbreaking announcement on August 30th, COSCO Shipping Development has unveiled its largest shipbuilding and leasing deal since its transformation into a shipping...

Salvage of stricken oil tanker in Red Sea expected soon, sources say

A salvage operation to recover a Greek-registered oil tanker stranded ablaze in the Red Sea after an attack by Houthi militants is expected to...

Hempel A/S closes a new strategic partnership deal with CVC 

In May, Hempel A/S announced CVC Funds as minority investor. The transaction has now been completed, following regulatory approval. As part of this, Hempel...

OPEC+ likely to proceed with planned output hike from October, sources say

OPEC+ is set to proceed with a planned oil output hike from October, as Libyan outages and pledged cuts by some members to compensate...

Lloyd’s Register to acquire Ocean Technologies Group from Oakley Capital

Lloyd’s Register Group, a global provider of maritime professional services and digital solutions, has reached an agreement to acquire Ocean Technologies Group, a...

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake...

Maritime connectivity retail revenues amounted to $2.1 billion in 2023

Introducing Valour Consultancy’s industry-recognised maritime report: “The Future of Maritime Connectivity – 2024”. This is the fifth edition of the study, following our highly...

COSCO SHIPPING Holdings Announces 2024 Interim Financial Results

COSCO SHIPPING Holdings announced its 2024 interim results. In the first half of 2024, the global container shipping market was intertwined with tight effective capacity...

EMF confirms Atlas order for three ammonia carriers

HD Hyundai Heavy Industries (HHI) and European Maritime Finance (EMF) celebrate their partnership in a ceremony for their recent order of three 88,000 CBM...

Houthis will let salvage crews access oil tanker they set ablaze in Red Sea

Yemen's Houthi group has agreed to allow tugboats and rescue ships to reach a damaged crude oil tanker in the Red Sea, Iran's mission...

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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...

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...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Greek ferry sector ‘battered’ by soaring fuel costs

The Greek ferry sector is being squeezed by soaring fuel costs, with the price...

Strait of Hormuz ship crossings remain in single digits, data shows

Vessel transits through the Strait of Hormuz ​remained in the single digits at four...

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...

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...