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Baltic index hits near two-month high on stronger vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level since early January on...

Global Ship Lease Reports Results for the Fourth Quarter of 2022

Global Ship Lease announced its unaudited results for the three months and year ended December 31, 2022. Full Year and Fourth Quarter 2022 Highlights - Reported...

Höegh Autoliners: Purchase of Höegh Berlin

Höegh Autoliners, through its subsidiary Höegh Autoliners Shipping AS, has agreed with the owner of the leased vessel Höegh Berlin (IMO 9295842) to terminate...

WTO Expects Global Trade Slowdown to Be Short-lived

Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the...

Falling Bunker Fuel Premiums in Singapore Point to Slow Shipping Market

Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in Singapore, the world’s largest bunkering port, as...

Iron ore jumps on China data, bullish steel demand outlook

Iron ore futures jumped on Wednesday, as better-than-expected China manufacturing activity data raised hopes for a demand rebound in the world’s top steel producer. The...

Baltic Index hits over seven-week high on growing vessel demand

The Baltic Exchange’s main sea freight index rose to its highest in over seven weeks on Wednesday, supported by higher shipping rates for all...

Cool Company Ltd. Q4 2022 Business Update

This release includes business and financial updates for the quarter and twelve months ended December 31, 2022. The formation and funding of Cool Company...

Keppel completes $3.34 bln sale of unit to Sembmarine

Singapore's Keppel Corp (KPLM.SI) said on Tuesday that Sembcorp Marine (Sembmarine) (SCMN.SI) has completed a S$4.50 billion ($3.34 billion) buyout of its offshore &...

Shell and Hapag-Lloyd collaborate on marine fuel decarbonisation and sign multi-year LNG supply agreement

Shell and Hapag-Lloyd today announced the signing of a multi-year agreement for the supply of liquefied natural gas (LNG) to Hapag-Lloyd’s ultra large dual-fuel...

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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...