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Iron ore subdued as China winter demand in focus

Dalian and Singapore iron ore futures were subdued on Thursday amid worries that Chinese demand for the steelmaking ingredient will remain weak in the...

World’s ghost fleet in focus over US Russian price cap crackdown

U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more Russian cargoes onto vessels referred to as...

Baltic index falls to 1-month low after rates slip across vessel segments

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a one-month low on Thursday, as rates...

MOL, JERA Signs Long-Term Charter Deal for Newbuilding LNG Carrier

Mitsui O.S.K. Lines, Ltd. (MOL) announced the signing of a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company...

Imperial Petroleum buys back stock in profitable quarter

Imperial Petroleum announced its unaudited financial and operating results for the third quarter and nine months ended September 30, 2023. OPERATIONAL AND FINANCIAL HIGHLIGHTS Fleet operational...

Piraeus Port Authority sees higher revenues & profits

Piraeus Port Authority (PPA) announced a significant increase in revenues and profits in the nine-month period and the third quarter of 2023 compared to...

Australian court finds Carnival misled about cruise’s COVID risks in landmark ruling

Carnival Corp's Australian unit has been ordered to pay the medical expenses of a woman who contracted COVID-19, with a judge ruling that the...

SEACOR Sells Inland Barge Business to Ingram

SEACOR announced it has signed a definitive agreement to sell Inland River Transport Holdings LLC (“SCF”) to Ingram, a division of Nashville-based Ingram Marine...

US LNG exports defy arb economics by flooding Europe over Asia

Recent delays at the Panama Canal have pushed more supplementary LNG volumes into Europe, sources said, despite US to Asia arbitrage economics overpowering economics...

Baltic index extends decline on capesize weakness

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell to a three-week low on Wednesday, weighed down...

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MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

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...

Celestyal launches 190 new winter Mediterranean shore excursions

Celestyal has unveiled its shore excursion programme for its new winter Eastern and Western...

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...

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...