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Top bunker hub Singapore marine fuel sales hit record high in 2023

Marine fuel sales at world’s leading bunkering hub in Singapore hit a record high last year, official data showed on Friday, driven by record...

Safe Bulkers: Acquisition of One Japanese Kamsarmax Class Dry-bulk Vessel

Safe Bulkers announced that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel with a...

TORM Announces Pricing of USD 200m Senior Unsecured Bond

TORM has successfully priced USD 200m of senior unsecured bonds due 25 January 2029. The Bonds will carry a fixed coupon of 8.25%, payable semi-annually....

Greek Tanker Boarded by “Unauthorized” Military in Gulf of Oman

Greek oil tanker St. Nikolas was reportedly boarded by six “unauthorized” men in military uniforms in the Gulf of Oman. According to reports, the seizure...

US & UK Strike Houthis Over Attacks on Red Sea Shipping

The US and its allies launched airstrikes on more than a dozen Houthi rebel targets in Yemen, escalating a conflict with an Iranian proxy...

Maersk to use rail to bypass Panama Canal amid drought

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant said as low water...

Baltic index falls for fourth straight day on weaker rates

The Baltic Exchange’s dry bulk sea freight index slumped on Thursday for the fourth straight session, due to declines across vessel segments, with panamax...

IMB: Concerning rise in maritime piracy incidents in 2023

The annual Piracy and Armed Robbery Report of the ICC International Maritime Bureau (IMB) raises concern over the first successful Somali based hijacking since...

Celestyal Charts New Course In The Persian Gulf Region And Returns To Year-Round Sailing

Celestyal, the award-winning, number one choice for travelers to the Greek Islands and beyond, has announced that Celestyal Journey will visit four new countries...

Diana Shipping: Direct Continuation of Time Charter Contract for m/v Amphitrite

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Cobelfret S.A., Luxembourg, for one of its...

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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...