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George Procopiou reveals plans for Skaramangas shipyard

Prominent Greek shipowner George Procopiou is unfolding plans for the country’s Skaramangas shipyard. Speaking to financial news portal Finupnews.gr, Mr. Procopiou the shipyard has...

PPA S.A.: Welcoming event for the new cruise ship Sun Princess at the port of Piraeus

PPA S.A. and Princess Cruises, one of the world's largest cruise companies, held a special event at the port of Piraeus to celebrate the...

Celestyal, Cyprus Maritime Academy sign MoU for full scholarships for apprentices

Celestyal and Cyprus Maritime Academy have announced the signing of a Memorandum of Understanding, concerning their collaboration in the field of maritime education. Under...

Clarksons posts record 2023 profit

Clarksons PLC announced its financial results for 2023. Highlights include: 1. Revenue: £639.4m (2022: £603.8m) 2. Underlying profit before taxation: £109.2m (2022: £100.9m) 3. Reported profit before...

MOL Chemical Tankers Completes Acquisition of Fairfield Chemical Carriers

MOL Chemical Tankers Pte. Ltd. (MOLCT) and Fairfield-Maxwell Ltd. today announced that they have secured all the necessary regulatory approvals and that MOLCT has...

Port of Savannah posts record numbers February

The Georgia Ports Authority handled 451,670 twenty-foot equivalent container units in February, for an increase of 56,880 TEUs or 14.4 percent compared to the...

Baltic index climbs to more than 2-month high on firm vessel rates

The Baltic Exchange’s dry bulk sea freight hit a more than two-month high on Monday, on robust demand across all vessel segments. The overall index....

After Red Sea mission, Greece seeks key role in EU defence – minister

Greece, host of the headquarters of the EU operation to shield ships from Houthi attacks in the Red Sea, hopes to play a more...

Capital Product Partners L.P. Announces the Sale of One 9,300 TEU and Two 5,100 TEU Container Vessels

Capital Product Partners L.P., an international owner of ocean-going vessels, today announced that it has entered into a memorandum of agreement for the sale...

Kazakhstan’s KMG plans to expand Aframax fleet from 2 vessels to 12

Kazakh state-owned oil and gas company KazMunaiGaz (KMG) has announced that it is planning to expand its fleet of Aframax tankers from two to...

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Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

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...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

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...