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Pyxis posts $3.4m loss in the first three months of 2022

Pyxis Tankers, an international pure play product tanker company, announced unaudited results for the three months ended March 31, 2022: Summary For the three months ended...

Dalian iron ore rebounds on supply woes, easing of China COVID curbs

Chinese iron ore futures rose on Monday, supported by supply concerns and shrinking portside inventories of the steelmaking ingredient, while the easing of some...

Wheat importers in Asia scramble for supplies after Indian export ban

Wheat importers in Asia were scrambling to find new sources of supply on Monday after India banned exports of the grain at the weekend...

China’s April coal output leaps 11% on year, but demand downturn looms

China’s daily coal output in April jumped 11 per cent from the same month a year earlier, boosted by Beijing’s order to increase supply...

Baltic index dips for second consecutive session on lower vessel rates

The Baltic Exchange’s main sea freight index fell for the second consecutive session on Monday due to weaker rates for all vessel segments. The...

China’s economic data disappoint in April as Covid controls weigh

China reported a drop in retail sales and industrial production in April — far worse than analysts had expected. Retail sales fell by 11.1%...

Thyssenkrupp eyes German shipyard industry consolidation

Germany’s second-largest defence group Thyssenkrupp Marine Systems wants to play a leading role in consolidating the German and European shipyard industry, its new Chief...

Okeanis profitable in first quarter of the year

Okeanis Eco Tankers Corp. reported unaudited interim condensed results for the three-month period ended March 31, 2022. Q1 2022 Highlights: Time charter equivalent (“TCE”, a...

India bans wheat exports, adding to global supply crunch

India placed a ban on exports as of May 13, blocking a huge supply from the markets at a time when global supply was...

China: Premium spot market rates depressed

Premium spot bookings out of Chinese baseports remained under pressure during the week to May 13 amid tenuous demand for Chinese export cargoes. As...

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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...