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EXPLORA I arrives in Piraeus for her maiden call ahead of the eastern mediterranean season

Piraeus Port of Athens welcomed EXPLORA I for her maiden call marking the ship’s debut in the Eastern Mediterranean. The ship is the first...

Panama Canal celebrates eighth expansion anniversary with new draft and daily transits increases

The Panama Canal celebrated the eighth anniversary of its expansion program today by announcing an increase to its draft and daily transits, all while...

BIMCO: Container shipping market exploding in 2024, but 2025 could be a different story

We have revised our assumption regarding when ships might return to normal Red Sea and Suez Canal routings. In our previous report, we assumed...

Baltic index hits near 2-month high on strong capesize demand

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, climbed to its highest level in one and...

Wallenius Wilhelmsen signs multi-year contract with leading industrial equipment manufacturer

Wallenius Wilhelmsen has signed a significant multi-year contract with a leading industrial equipment manufacturer. The new multi-year contract has a duration of three years,...

Fincantieri signs agreement with Crystal for two new high-end cruise ships

Fincantieri and Crystal announced the signing of a Memorandum of Agreement (MoA) for the construction of two state-of-the-art high-end cruise ships, plus an option...

d’Amico exercises MR tanker option

d’Amico International Shipping, an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C., exercised its...

Maersk sets new chartering record

As liner operators become desperate for ships, charter rates have hit the $150,000/day mark. Maersk Line has agreed to pay this to charter Taiwanese regional...

Marsa Maroc to operate Nador West Med container terminal – The North Africa Post

Marsa Maroc will operate the container terminal at the deep-water port, Nador West Med for 25 years, Moroccan media reported. Marsa Maroc will have to...

Transocean announces $188 Million Ultra-Deepwater drillship contract extension

Transocean announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico. The program is expected to...

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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...

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...

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...

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...