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Pyxis Tankers Announces Investment in Drybulk Joint Venture

Pyxis Tankers, an international product tanker company, announced its unaudited results for the three and six month periods ended June 30, 2023. Summary For the three...

Piraeus Port Authority to distribute 1.04-euro per share dividend

The Piraeus Port Authority (PPA), which owns and manages the biggest and busiest port in Greece, will distribute a 1.04-euro per share dividend, following...

Cosco Launches Electric Container Ship

Cosco’s 700TEU electric container vessel was successfully launched at COSCO SHIPPING Heavy Industry (Yangzhou).  It marks a significant advancement in the adoption of fully battery-powered...

Seanergy profitable in Q2 in volatile market

Seanergy Maritime Holdings Corp., announced financial results for the second quarter and six months ended June 30, 2023. The Company has also declared a quarterly...

Dorian LPG enjoys ‘fine’ first quarter financial results

Dorian LPG reported financial results for the three months ended June 30, 2023. Key Recent Developments Declared an irregular cash dividend totaling $40.4 million to be...

Scorpio Tankers Posts Q2 Net Income of $191.1 million

Scorpio Tankers reported its results for the three and six months ended June 30, 2023. The Company also announced that its board of directors has...

HD Hyundai Cements No. 1 Position in Marine Engine Market

HD Hyundai, which has an unrivaled presence in the world marine engine market, has further strengthened its position with the acquisition of STX Heavy...

Baltic index snaps 5-day winning streak as capesize rates slip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a five-session winning streak on Wednesday, on a...

Economou orders bulk carriers in China

TMS Dry has reportedly ordered two kamsarmax bulk carriers with a capacity of 82,000 dwt each at Chengxi. The two vessels are expected to...

Capital Product Partners exits dry bulk sector

Capital Product Partners L.P., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2023. Highlights  Three-month periods ended...

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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...