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Baltic index hits over five-month peak on strong capesize demand

The Baltic Exchange’s main sea freight index rose on Monday, hitting its highest in more than five months on gains in the capesize segment....

Finland leases floating LNG terminal for 10 years to break free from Russian gas

Finland has agreed a 10-year charter for a floating storage and regasification (FSRU) vessel with U.S. based Excelerate Energy (EE.N) to help replace Russian...

BW Offshore: Contract extension for Espoir Ivoirien

BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Espoir Ivoirien. The firm period has been extended...

Poland Interested In Trans-Shipping LNG Through Portugal

Poland would be interested in cooperating with Portugal on potential LNG trans-shipping, Prime Minister Mateusz Morawiecki said on Friday, adding that gas could be...

Suez Canal revenues to hit $7 billion by end of fiscal year

Egypt expects the Suez Canal’s revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said...

China’s April soybean imports from Brazil up from March

China’s soybean imports from Brazil in April surged from the previous month, customs data showed on Friday, with the arrival of delayed cargoes. China,...

Premium bookings limited amid ample vessel capacity, weak demand

All-inclusive premium rates on the Asia-North America trade continued their weak positioning during the week to May 20 as demand for Asian goods remained...

Gibson Weekly Tanker Market Report [W20]

Whilst many members of the OPEC+ group are struggling to achieve its allotted output quota, one country that has been able to is Iraq......

European Maritime Day 2022: Sustainable blue economy for green recovery

On 19 and 20 May 2022 Virginijus Sinkevicius, Commissioner for Environment, Oceans and Fisheries is co-hosting the European Maritime Day (EMD) conference, which is...

Euronav shareholders signal support for Frontline merger

Belgian oil tanker and storage operator Euronav said on Thursday it had received "a clear signal" from shareholders in support of its proposed $4.2-billion...

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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...