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Höegh LNG, Aker BP Form Strategic Partnership for Carbon Transport & Storage Solutions

Höegh LNG and Aker BP have entered a strategic partnership to develop a fully comprehensive carbon transport and storage (CCS) offering for industrial CO2...

Lomar promotes Peter Cotopoulis to COO and Mark Kethisouaran to CFO

Lomar Shipping, the maritime subsidiary of Libra Group, promotes Peter Cotopoulis as its new chief operating officer (COO) and Mark Kethisouaran as chief financial...

Saudi Arabia shipped less oil in August as OPEC cuts continue – Refinitiv

Saudi Arabia shipped 175.22 million barrels of crude in August 2023, over 31 million barrels less than the 206.61 million it shipped in the...

Iron ore gains as China property stimulus in focus

Iron ore futures clung to modest gains on Monday amid optimism over top global steel producer China’s policy support for its struggling property sector. China...

Higher capesize rates help Baltic index snap 3-session losing streak

The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Monday, supported...

Cosco Shipping Holdings launches share buyback after posting H1 profit

COSCO SHIPPING Holdings announced its 2023 interim results. For the year to date, the container shipping market has faced new challenges such as weak demand,...

Star Bulk announces changes to its Board of Directors

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes, announced the appointment of Mr. Ryan Lee to...

Panama Canal Shippers Paying Upwards of $3 Million to Cross

Shippers are having to pay record amounts if they want their carriers to beat a logjam of vessels waiting to cross the drought-affected Panama...

Transocean Announces $222 Million Ultra-Deepwater Drillship Contract

Transocean announced that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a binding Notification of Award for work offshore India. The 21-month...

Iron ore jumps to five-week high on improved China data, stimulus

Iron ore futures rallied on Thursday to their highest in five weeks, underpinned by better-than-expected economic data and the latest batch of stimulus measures...

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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...