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Siem Offshore awarded contract extension for OSCV Siem Barracuda

Siem Offshore has been awarded a contract extension of 7 months firm for the OSCV Siem Barracuda on the Hywind Tampen project for client...

World’s biggest container ship skips India in blow to trade aims

Prime Minister Narendra Modi’s goal of making India the world’s factory risks being held back by the country’s inability to attract bigger container ships...

Iron ore climbs above $120/T as supply concerns boost support

Iron ore futures extended gains on Wednesday, with the Singapore benchmark contract vaulting past $120 a tonne to hit a fresh six-month peak, as...

Euronav disputes Frontline’s right to halt merger

Belgian oil tanker and storage group Euronav disputes Frontline’s right to end a merger agreement between the companies and is considering its options, including...

Baltic index hits over 4-month low as vessel demand wanes

The Baltic Exchange’s main sea freight index dropped to a more than four-month low on Wednesday, pressured by weaker demand across vessel segments. The overall...

G7 Nations Designing Price Caps on Russian Refined Oil Products

Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those that trade at higher...

A.P. Moller-Maersk Announces New Executive Leadership Team

A.P. Moller – Maersk (Maersk) has announced a new organisational structure and a new executive leadership team. The changes are effective 1 February, 2023...

Euronav responds to termination of combination agreement by Frontline

Euronav NV notes the announcement that Frontline plc has unilaterally decided to terminate the combination agreement between the two companies signed 10 July 2022...

Iron ore rises as China sees COVID wave past its peak

Dalian and Singapore iron ore futures rose on Tuesday after China said it has seen the peak of COVID-19 infections in many regions, adding...

Baltic index falls, panamax hits lowest in two years

The Baltic Exchange’s main sea freight index tracking rates for ships carrying dry bulk commodities, slipped on Tuesday, on lower rates for all vessel...

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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...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

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...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

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...