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Dalian iron ore extends gains as hopes of stimulus, replenishment persist

Dalian iron ore futures rose for a fourth consecutive session on Thursday, underpinned by lingering hopes of further stimulus and restocking needs of steelmakers...

Baltic index ticks down as smaller vessel rates dip

The Baltic Exchange’s dry bulk sea freight index declined on Thursday, as lower rates for panamax and supramax vessels outweighed strength in the capesize...

COSCO Shipping Energy orders 6 new tankers

COSCO Shipping Energy Transportation has finalized shipbuilding contracts for six new tankers worth a total of $449 million (approximately RMB 2.9 billion). Hainan COSCO Shipping...

Golden Ocean: Lars-Christian Svensen appointed permanent CEO

Golden Ocean Group has made Lars-Christian Svensen permanent chief executive. “The board is delighted to have appointed Lars-Christian Svensen, who has demonstrated his abilities serving...

Avance Gas agrees sale of 2008-built Venus Glory

Avance Gas announced that it has entered into an agreement to sell the Very Large Gas Carrier (VLGC), Venus Glory, built 2008, for a...

MSC widens container shipping market lead

MSC (Mediterranean Shipping Company) has strengthened its position as the world’s largest container carrier, widening the gap to second-ranked Maersk by 1.1 million twenty-foot...

Korean Shipbuilding Industry Increasingly Anticipating Landing Tanker Orders

In 2024, Korean shipbuilders are likely to benefit from an increase in tanker orders because of increased distances for crude oil transportation due to...

Sale of APM Terminals Castellón to Noatum Terminals Completed

After careful evaluation, APM Terminals has decided to divest its terminal facility in Castellón, Spain (APM Terminals Castellón) upon reaching an agreement with Noatum...

Baltic index edges down as demand for smaller vessels slips

The Baltic Exchange’s dry bulk sea freight index eased on Wednesday, as falling rates for panamax and supramax vessels overshadowed gains in the capesize...

Iron ore climbs to multi-month high

Iron ore futures climbed to multi-month highs on Tuesday, with sentiment boosted by upbeat economic data in top consumer China and mounting expectations of...

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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...

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...

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...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

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...