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UN halts escort of ships through Hormuz after vessel comes under attack

The U.N. International Maritime Organization ​paused its operation to escort ships through the Strait of Hormuz on Thursday after a vessel reported an attack,...

KCC: Klaveness Combination Carriers secures USD 200 million bank refinancing

A subsidiary of Klaveness Combination Carriers ASA has closed a new USD 200 million senior secured bank facility, refinancing existing debt and extending debt...

Global Ship Lease announces additional newbuilding orders

Global Ship Lease, Inc., a containership owner and lessor, today announced that, subject to certain conditions precedent being met, the Company has agreed individual...

AD Ports Group increases ownership in global feeder shipping to 81% by acquiring an additional 30% stake

AD Ports Group, a leading ‎global enabler of integrated trade, industry and logistics solutions, today announced ‎that it has acquired an additional 30% equity...

More stranded oil tankers exit Hormuz, adding to global supply

Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping...

DHL Global Forwarding France and VELA launch lower-emission shipping solution on selected transatlantic routes, based on indicative lifecycle assessments

DHL Global Forwarding France, the air and ocean freight specialist of DHL Group, and VELA, the French operator of wind-powered cargo trimarans using wind...

TotalEnergies must invest in Gulf pipelines to bypass Hormuz, CEO says

French oil major TotalEnergies needs to prioritise the building ​of pipelines that could export oil and gas from ‌the Middle East without ships going...

Wallenius Wilhelmsen extends shipping contract with a major auto manufacturer into 2031

Wallenius Wilhelmsen has agreed to an early three-year extension of a contract with a leading European auto manufacturer. The extension will run from mid-2028...

Rubico Inc. announces reverse stock split

Rubico Inc., a global provider of shipping transportation services specializing in the ownership of vessels, announced that its board of directors has determined to...

Euronext Athens: A golden opportunity for shipping

Safe Bulkers’ decision to pursue a dual listing in Athens was a strategic move of particular significance both for the company and for the...

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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...

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...

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...

Celestyal launches 190 new winter Mediterranean shore excursions

Celestyal has unveiled its shore excursion programme for its new winter Eastern and Western...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

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...