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Trade Up at Port of Long Beach in November

Shippers continued to reposition cargo back to West Coast seaports in November, lifting trade for a third consecutive month at the Port of Long...

Carnival Ship Responds to Emergency, Rescues Six

Carnival Cruise Line’s Carnival Vista rescued six men near the Dominican Republic in the early morning hours of Wednesday, December 13, 2023, after a...

Fuel tankers face long slog as Panama Canal drought reroutes flows

Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America’s Atlantic coast, across the Strait of...

Iron ore retreats as hopes of strong China stimulus weaken

Iron ore futures retreated on Wednesday as investors became wary of possible downside risks after stimulus announced a day before during an agenda-setting meeting...

Baltic index slips to 2-week low on weaker vessel demand

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest level in two weeks...

Yemen’s Houthis claim attack on Norwegian tanker

Yemen’s Houthis said on Tuesday they carried out a military operation against the Norwegian commercial tanker STRINDA in their latest protest against Israel’s bombardment...

Scorpio Services, Gulf Navigation launch Dubai ship-management JV

Gulf Navigation Holding PJSC ("GULFNAV"), the Dubai Financial Market listed maritime and shipping company, announced that it has set up a new Joint Venture with...

MSC and Hamburg secure 92.3% of HHLA at end of second acceptance period – MSC

Swiss-based MSC secured 92.3% of port operator HHLA together with the German city of Hamburg after the end of a second acceptance period at...

Proposed COP28 Climate Deal Calls for Transition Away from Fossil Fuels

The COP28 Presidency released a proposed text of a final climate deal on Wednesday that would, for the first time, push nations to transition...

Transocean Announces $251 Million Harsh Environment Semisubmersible Contract

Transocean announced a minimum 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000...

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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...