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Concordia Maritime puts container conversion project on hold

Concordia Maritime has decided to put on hold the project that has been exploring the feasibility of converting a tanker into a containership. “The...

Navigator Holdings sees profits soaring in Q2

Navigator Holdings Ltd. has announced Financial Results for the Three and Six Months Ended June 30, 2022. Highlights Navigator Holdings Ltd. reported total operating revenues...

Baltic Exchange’s Capesize Index Logs Biggest Single-Day Decline in Over Two Years

The Baltic Exchange’s main sea freight index fell on Thursday as capesize vessel rates saw their biggest daily plunge since the onset of the...

DP World reports record half-year profits

DP World Limited has announced strong financial results for the six months to 30 June 2022 with total revenue growing 60.4% year-on-year and 20.1%...

Port of Los Angeles continues cargo record-breaking streak in July

The Port of Los Angeles processed an estimated 935,345 Twenty-Foot Equivalent Units (TEUs) in July, outpacing the previous record set in 2019 by 2.5%....

Thessaloniki Port Authority expands intermodal operations to Serbia

Thessaloniki Port Aauthority S.A. launched a new regular service with block trains between Thessaloniki and Niš, Serbia. The first block-train carrying containers from CMA...

Container market braces for further disruption as UK port strikes loom

Upcoming strikes at the UK ports of Felixstowe and Liverpool have left the already stressed container market braced for further disruption. With delays commonplace in...

Odfjell Tankers reports strongest results in 15 years

Odfjell SE reported its results for the second quarter of 2022. The report shows a chemical tanker market that continued to strengthen into the second...

Torm acquires majority stake in scrubber maker

TORM has acquired a 75% ownership staketa in scrubber supplier ME Production (MEP). MEP owner and founder, Jens Peter Faldt will retain the remaining...

Diana Shipping: Sale & Leaseback of m/v New Orleans and m/v Santa Barbara

Diana Shipping announced that, through two separate wholly-owned subsidiaries, it has entered into two sale and leaseback agreements with two unaffiliated Japanese third parties...

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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...