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North P&I and Standard Club announce merger plan

North P&I and Standard Club have entered formal discussions for a proposed merger to create a new global marine insurer and one of the...

Expensive LNG bunkers yet to force gas-fired dry bulk ships to switch fuels: sources

The high LNG bunker prices have not forced LNG-dual fuel dry bulk ships to switch to the cheaper very low sulfur fuel oil, regardless...

Baltic index up for seventh day on higher capesize rates

The Baltic Exchange’s dry bulk sea freight index rose for a seventh straight session Monday, as strong capesize rates offset losses in the smaller...

IMO Council decisions on Black Sea and Sea of Azov situation

The International Maritime Organization (IMO) held an extraordinary session of its Council (C/ES.35) on 10 and 11 March to address the impacts on shipping...

Turkey, Greece Agree To Improve Ties Amid Ukraine Conflict

Turkish President Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis agreed in talks on Sunday to improve ties, despite the long-running disagreements between the...

Oil Resumes Decline Following A Tumultuous Week

Oil resumed its decline after Iran carried out a missile strike in Iraq following the suspension of nuclear talks, while Russia’s bombardment of Ukraine...

Fujairah faces more bunkering competition as Saudis, Qatar, Oman enter fray

The UAE’s Port of Fujairah, the world’s third-biggest bunkering hub, is facing increased competition to supply marine fuels in the region, with new entrants...

Gibson Weekly Tanker Market Report [W10]

Surging global oil prices and Russian sanctions are forcing Western governments to approach those countries they previously sanctioned in response to alleged human rights...

Asian LNG prices slide amid stable European gas flows

Asian spot liquefied natural gas (LNG) prices declined this week, tracking European gas prices which fell due to stable Russian gas flows and LNG...

All-inclusive rates continue decline as demand pulls back

As demand for cargo into the US remained dampened after the Lunar New Year holiday in China, the lion’s share of spot market activity...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

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...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

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...

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...