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Ukraine wants shipping safe passage deal to extend beyond grain

Three grain ships left Ukrainian ports on Friday under a safe passage deal while the first inbound cargo vessel since Russia’s invasion was due...

S&P Dow Jones Indices Launches S&P GSCI Freight Indices Tracking Dry Bulk Sector

S&P Dow Jones Indices, the world’s leading index provider, today announced the launch of the S&P GSCI Freight Index Series, expanding S&P DJI’s suite...

Eagle Bulk reports record net income of $94.5 million

Eagle Bulk reported financial results for the quarter ended June 30, 2022. Quarter highlights: Generated Revenues, net of $198.7 million Achieved TCE(1) of $30,207/day basis TCE Revenue(1)...

Teekay posts improved results in Q2 on higher spot tanker rates

Teekay Corporation reported results for the three and six months ended June 30, 2022. These results include the Company’s publicly listed consolidated subsidiary, Teekay...

Euronav Posts Increased Second Quarter Earnings

Euronav NV reported its non-audited financial results for the second quarter ended 30 June 2022. Hugo De Stoop, CEO of Euronav said: “Recent months...

FSL Trust reports improved net profit in 2nd quarter

FSL Trust Management Pte. Ltd. (“FSLTM”), the trustee-manager of First Ship Lease Trust announced the unaudited financial results of FSL Trust for the 2nd...

Seanergy reports record financial results for 2nd quarter & 1st half of 2022

Seanergy announced its financial results for the second quarter and six months ended June 30, 2022. The Company also declared a quarterly dividend of...

Performance Shipping sees ‘sustainable charter rate recovery’

Performance Shipping reported net income from continuing and discontinued operations of $3.9 million and net income from continuing and discontinued operations attributable to common...

Iron ore slumps to one-week low on China demand worries

Dalian and Singapore iron ore futures slumped to one-week lows on Thursday, pressured by worries about an unsustainable demand recovery in top steel producer...

Baltic index extends fall as capesizes sink to over 3-month low

The Baltic Exchange’s main sea freight index dipped for a ninth straight session on Thursday, led by tumbling capesize rates as demand for all...

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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...