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Iron ore hits one-week high on better-than-expected China growth

Dalian and Singapore iron ore futures climbed to one-week highs on Tuesday, as better-than-expected economic growth in China for the March quarter boosted investor...

Gibson Weekly Tanker Market Report [W15]

It has been approximately five months since the imposition of the G7 price cap on Russian crude exports. The G7 has since agreed to...

Baltic index down for third session as larger vessel rates dip

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a third consecutive session on Tuesday, weighed...

Ukraine Grain is Snarled Again With Blockages on Two Fronts

Ukraine’s crop exports are being threatened again, with Black Sea shipments halting just as some of its European Union neighbors stop allowing imports of...

Major carriers remain on hunt for tonnage to boost market share

Led by MSC and CMA CGM, ocean carriers are again scouring the charter and sales and purchase markets for tonnage to boost capacity and...

Thessaloniki Port revenue up 5.6% in 2022

Thessaloniki Port Authority SA announced an increase in its consolidated revenue to 82.2 million euros last year, including the €1.7 million of revenues of...

CSSC, CMA CGM sign agreement on methanol & LNG powered boxships

China Chamber of Commerce (CSSC) has signed an agreement with CMA CGM to build 16 large containerships. CSSC will build twelve 15,000 teu methanol dual-fuel...

Agreement for the Acquisition by GasLog of GasLog Partners Publicly Held Common Units

GasLog and GasLog Partners, each an international owner and operator of liquefied natural gas carriers, announced that they have entered into a definitive merger...

Iron ore retreats on disappointing steel demand data

Dalian and Singapore iron ore futures retreated in afternoon trade on Thursday after weaker-than-expected steel demand data disappointed the market. Output of construction steel products,...

Korean Shipbuilding Industry Attains 33% of Its Target for 2023 in Q1

The Korean shipbuilding industry is moving closer to achieving this year’s order-taking target based on stable orders. Korean shipbuilders are concentrating on boosting profitability...

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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...