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MOL Chemical Tankers to Acquire Fairfield Chemical Carriers

Mitsui O.S.K. Lines, Ltd. announced that its wholly owned group company MOL Chemical Tankers Pte. Ltd. has reached an agreement in principle with Fairfield-Maxwell...

EuroDry acquires four bulk carriers

A large deal for the purchase of used bulk carriers was reportedly closed by EuroDry. According to media sources, the company is behind the acquisition...

Drought-Hit Panama Canal Could Further Reduce Daily Transits

The Panama Canal could further reduce the maximum number of authorized daily vessel transits if this year’s drought continues, the waterway’s administrator said on...

China’s strong crude oil, coal and iron ore imports flatter to deceive

China’s imports of most major commodities rebounded in August, but the strength in arrivals of crude oil, iron ore and coal is more likely...

South Korea’s Top 3 Shipbuilders Resolve Strike Risk – report

HD Hyundai Heavy Industries, Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering), and Samsung Heavy Industries, the top three in the domestic shipbuilding industry,...

Intermodal Weekly Market Report [W36]

The diesel import landscape in Brazil has undergone a significant trans- formation with a surge in Russian diesel imports, impacting the energy and shipping...

Baltic index extends gain as panamax rates hit four-month peak

The Baltic Exchange’s main dry bulk sea freight index extended gains to a fifth straight session on Tuesday on firm demand across vessel segments,...

Diana Shipping Agrees Time Charter Contracts for Newport News & Ismene

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for...

Okeanis Eco Tankers Agrees $84 Million Term Loan Facility

Okeanis Eco Tankers Corp. announced the execution of a new $84 million senior secured credit facility provided by Credit Agricole Corporate & Investment Bank,...

Greece: Christos Stylianidis to be appointed new Shipping Minister

Greece’s Shipping Minister, Miltiadis Varvitsiotis, announced his resignation on Monday, a few days after the death of a ferry passenger who was forcefully pushed...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

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...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

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...

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...