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Consortium signs MoU for the development of a green methanol facility in Egypt

AD Ports Group, a facilitator of global trade, logistics and industry, Transmar, a leading container shipping line and terminal operator in the MENA region,...

Danaos reports strong first quarter results; reveals bulker acquisition

Danaos Corporation, one of the world’s largest independent owners of container vessels and drybulk vessels, today reported unaudited results for the first quarter ended...

Celestyal unveils suite summer campaign

Celestyal has unveiled a new snap campaign giving guests the chance to upgrade their cabins at exceptional prices to celebrate the increase in suite...

MOL invests further in wind propulsion 

TOKYO-Mitsui O.S.K. Lines and its group company MOL Drybulk announced their intent to install wind propulsion systems including Wind Challenger on a total of...

Iron ore dips as falling China demand, high shipments weigh

Iron ore futures prices slid on Monday after someinvestors and traders liquidated long positionsto cash in profits on bets of faltering consumption amidseasonally slack...

MSC launches $700m Gram offer

A tender offer for a subsidiary of MSC Mediterranean Shipping Company to acquire Gram Car Carriers was launched following the final approach ascent and...

Singapore carries out ship-to-ship bunkering of close to 1,340 metric tons of blended methanol

Singapore is one step closer to developing its full capability to deliver methanol bunkering at a commercial scale. Close to 1,340 metric tonnes (MT)...

Cyprus scraps $1.2 billion port concession, claiming contract breach

Cyprus has scrapped a 1.2 billion euro concession agreement for the development of Larnaca port, claiming on Monday the operator awarded the project in...

Paris wheat hits one-year highs on Black Sea crop outlook

European wheat futures climbed to their highest in more than a year on Monday as worries grew over Black Sea supplies after reduced harvest...

CV Platform and Adopt a Ship gateways leading to maritime professions through Project Connect, participate in Posidonia 2024

The educational program Adopt a Ship managed in Greece by NPO Project Connect, aims to preserve traditional seamanship, a valuable heritage for Greeks since...

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TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Danaos exploring bulker business Oslo-listing

Danaos has reportedly hired investment banks to advise on a possible equity placement and listing in Norway for its dry bulk business. More specifically, TradeWinds...

TORM announces closing of secondary public offering of its class A common shares

TORM plc announced the closing of the previously announced secondary public offering of 6,329,874 of the Company’s Class A common shares by OCM Njord...

Trump says Russia and Ukraine agreed to ‘energy ceasefire’

President Donald Trump said Sunday that Russia and Ukraine had agreed to an “energy...

Iran says US response to its proposal to reopen Hormuz was ‘insufficient’

The United States' response to Iran's seven conditions in a proposal to reopen the...

Attack risks rise for tankers as Iran vows to block more Hormuz routes

Tankers are facing a higher risk of attacks and intimidation as they try to...

Fragkou (Navios Maritime Partners): Shipping must stay resilient amid global trade shifts

The major shifts reshaping global trade and shipping were highlighted by Angeliki Frangou, chairman...

Panama Canal announces new long-term slot allocation program for the Neopanamax and Panamax Locks

The Panama Canal announced a new phase of its Long-term Slot Allocation (LoTSA) program,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...

Savannah achieves record container volumes in September

The Port of Savannah achieved a record September for container volumes, moving 504,015 twenty-foot equivalent container units last month, an increase of 3.7 percent...

PCT: Revenue holds firm despite lower throughput

The Piraeus Container Terminal (PCT) Sustainability Report recorded a 12% improvement in financial performance, despite a 5.95% decline in container throughput, highlighting progress in...

PPA S.A. shows resilience; €106.7 million in investments

Piraeus Port Authority S.A. (PPA S.A.) announced its financial results for the first half of 2026, highlighting resilient revenue performance and a smaller year-on-year...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...