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Globus Signs New Building Agreements for 2 Bulk Carriers

Globus, a dry bulk shipping company, announced that it has signed two contracts for the construction and purchase of two fuel efficient bulk carriers...

ILO body adopts new minimum monthly wage for seafarers

The minimum monthly basic wage for able seafarers is to be raised, following a resolution agreed by a subcommittee of the Joint Maritime Commission...

KSOE and SHI Win Orders for LNG Carriers

Korea Shipbuilding & Offshore Engineering (KSOE), the shipbuilding holding company of Hyundai Heavy Industries Group, announced that it has signed a contract with an...

ZIM maintains strong trajectory in first quarter of 2022

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced its consolidated results for the three months ended March 31, 2022. First...

California Ports Say Threat of Penalty Keeps Cargo Moving

Southern California port officials say the threat of a penalty fee, which has never been imposed, is a major reason cargo has been moving...

India threatens to curb domestic coal supply if utilities delay imports

India’s power ministry on Wednesday said it would cut domestic fuel supply to state government-run utilities by 5% if they do not import coal...

Stronger rates across vessels pushes Baltic index to 5-month high

The Baltic Exchange’s main sea freight index rose to a five-month peak on Wednesday, due to stronger rates across all vessel segments. The overall...

Posidonia 2022 Conferences Set The Course To Navigate Tumultuous Times

The upcoming Posidonia 2022 Conferences and Seminars Programme will deep-dive into the crucial issues facing the global maritime community as the world economy tries...

Danaos profit soars in ‘exceptional’ first quarter

Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the quarter ended March 31, 2022. Highlights for the First Quarter...

Global Ship Lease Announces New Forward Charter Agreement

Global Ship Lease announced a forward agreement of a 48-52 month charter for the 8,600 TEU, 2004-built GSL Ningbo. The charter under the new...

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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...