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Ulstein Verft signs new shipbuilding contract on cable laying vessel for Nexans

On 19 September 2023, Nexans Marine Operations AS and Ulstein Verft entered into a contract on the construction of a large DP3 cable laying...

Pyxis Tankers Confirms Product Tanker Sale

Pyxis Tankers Inc., an international shipping company, today announced that it has agreed to sell the vessel Pyxis Epsilon , a 2015 built 50,295...

Star Bulk Announces the Repurchase of 10 Million of Its Common Shares

Star Bulk announced that it entered into a Repurchase Agreement (with OCM XL Holdings, LP, a limited partnership incorporated in the Cayman Islands, pursuant...

Strike Called Off at Chevron’s Australian LNG Facilities

Australia’s Offshore Alliance union has called off strikes at Chevron’s two major local liquefied natural gas (LNG) local projects that threatened to disrupt around...

China shipbuilding industry seen growing in Jan-Aug period

China’s shipbuilding industry recorded sound development in the first eight months, with robust growth in output, new orders and holding orders, helping the sector...

Houston-Japan VLGC freight rates reach multi-year high

VLGC freight rates from Houston to Chiba, Japan, reached $245/mt Sept. 21 for the first time since 2015, according to LPG shipping sources. VLGC rates...

HD Hyundai to supply methanol engines to Japanese shipmaker

South Korea’s HD Hyundai Co. is supplying its first HiMSEN engine using methanol fuel to a Japanese shipmaker. This represents an acceleration in the...

ABB to power Samskip’s new hydrogen-fueled container vessels

ABB will deliver a comprehensive power distribution system for two newbuild short-sea container ships of the global logistics company Samskip Group headquartered in Rotterdam,...

Hapag-Lloyd to Use Starlink Internet Service Across Fleet

Hapag-Lloyd is set to transform connectivity at sea with the rollout of Starlink satellite internet technology across its fleet. Since May, crewmembers aboard four pilot...

Russian Oil Producers Open New Export Route to UAE

Russian oil producers supplied their first cargoes of CPC Blend crude to the United Arab Emirates (UAE) in August and September, four traders told...

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2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

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...

PIL announces planned leadership succession: Wan Chee Foong appointed Deputy CEO, to succeed Lars...

The Board of Directors of Pacific International Lines (PIL) announced the appointment of Mr...

ABS and lomarlabs team up to accelerate early-stage, innovative solutions for global shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative...

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...

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...