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China iron ore futures extend gains on demand hopes

Chinese iron ore futures rose for the fourth straight session on Wednesday, as investor sentiment shored up after the state council rolled out package...

Baltic index snaps six-session losing streak on capesize gains

The Baltic Exchange’s main sea freight index snapped a six-session losing streak on Wednesday, as gains in the capesize segment outweighed losses in panamax...

Shell’s Jackdaw gas field given go-ahead by UK regulators

Development of a major North Sea gas field has been approved by regulators. The Jackdaw field, east of Aberdeen, has the potential to produce...

Maersk carries out its first international relay shipments in China

With 27 containers from Vancouver, Canada, being loaded onto the container vessel ‘Merete Maersk’, the first batch of Chinese coastal relay of international cargo...

Precious Shipping acquires Njord bulkers

Precious Shipping has moved to acquire two secondhand handysize vessels from Njord Shipping at the price of USD 51 million. Specifically, subsidiaries, Precious Stones...

Seanergy reports strongest ever first quarter of a year

Seanergy announced its financial results for the first quarter ended March 31, 2022 and declared a quarterly dividend of $0.025 per share. Highlights of the...

Supply Chain Relief Sparks Feud Over U.S. Demand

Some supply strains in the US are easing, two years after a jump in demand started emptying shelves, snarling shipping and sowing the seeds...

ONE announces signing of Ship Building Contracts for Ten Very Large Container Ships

Ocean Network Express Pte. Ltd. has signed ship building contracts with both Hyundai Heavy Industries Co. Ltd. and Nihon Shipyard Co., Ltd. to construct...

Intermodal Weekly Market Report [W21]

Russia is the world’s third largest oil producer after United States and Saudi Arabia and the second largest crude oil exporter, portraying its major...

Iran urges Greece to cooperate over seized ships without U.S. role

Iran urged Greece on Tuesday to cooperate to resolve a crisis over the seizure of ships without involving the United States, after Iranian forces...

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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...