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Intermodal Weekly Tanker Market Report [W35]

Amidst widespread price increases, it is not surprising that tanker asset values have also been rising...

Iraq exports over 100 mln barrels of crude oil in August

Iraq exported 101.85 million barrels of crude oil in August with revenues of 9.78 billion U.S. dollars, said the Iraqi Oil Ministry on Thursday....

Excelerate Energy Signs Term Sheet to Deploy an FSRU to Germany

Excelerate Energy announced that on August 25, 2022, the Company and ENGIE signed a term sheet for the deployment of a floating storage and...

Istanbul Strait traffic halted as ship from Ukraine runs aground

Maritime traffic through the Istanbul Strait was suspended on Thursday after a ship coming from Ukraine malfunctioned. Lady Zehma, a 173-meter-long (567-foot-long) vessel, ran aground...

Seadrill announces sale of seven jack-ups

Seadrill announced that it has entered into a binding Share Purchase Agreement with subsidiaries of ADES Arabia Holding Ltd. to sell the legal entities...

Wärtsilä engines selected for new Articulated Tug Barges

The technology group Wärtsilä will supply the engines for two new Articulated Tug Barges (ATBs), designed by Robert Allan Ltd and built by Estaleiro...

Baltic index bounces back as capesize sees best day in over 2-yrs

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday after rates for bigger vessel segments...

Oil leaking from stricken cargo ship off Gibraltar

A bulk carrier that collided with a liquefied natural gas tanker off Gibraltar is leaking fuel oil, the government of the tiny British territory...

Avance Gas secures financing for last two newbuild dual-fuel VLGCs

Avance Gas has raised ‘very attractive long-term financing’ for the last two vessels in its series of six 91,000 cbm-capacity carriers that can operate...

Russia Shells Grain Silos at Ukraine’s Second Biggest Port

Grain silos in Ukraine’s second biggest port, Mykolaiv, were hit by Russian shelling of the city on Tuesday, causing a fire that was still...

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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...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

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...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

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...