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Contract extension for CSV Normand Vision

Solstad Offshore ASA announced that Havfram AS have exercised their option to extend present contract for CSV Normand Vision. The firm contract will then...

Castor Maritime Announces New Charter Agreements

Castor Maritime, a diversified global shipping company, announced that the M/V Magic Moon, a 2005 built Panamax dry bulk carrier, has been fixed on...

Hapag-Lloyd to acquire container liner business of Africa specialist Deutsche Afrika-Linien (DAL)

Hapag-Lloyd and German carrier Deutsche Afrika-Linien (DAL) today signed a framework agreement under which Hapag-Lloyd will acquire the container liner business of DAL. With...

U.S. Push to Export LNG to Europe Slowed by Climate Concerns – Sources

White House efforts to boost U.S. liquefied natural gas exports and cut Europe’s reliance on Russian gas after the invasion of Ukraine are proceeding...

Seanergy Reports Record Fourth Quarter 2021 Financial Results

Seanergy announced its financial results for the fourth quarter and twelve months ended December 31, 2021. The Company also announced $5 million additional repurchases...

Port Hedland Iron Ore Exports Up 5% in February

Pilbara Ports Authority has delivered a total monthly throughput of 52.4 million tonnes (Mt) for February 2022. This throughput was a one per cent increase...

Shipping Traffic Near Russian Ports Drops

Shipping traffic near Russian ports has fallen by a third since the country’s invasion of Ukraine, a sign of how sanctions and global companies’...

Oil prices could hit $240/bbl in worst case scenario – Rystad Energy

Oil prices could hit $240 per barrel this summer in the worst-case scenario, if Western countries roll out sanctions on Russia’s oil exports, Rystad...

Baltic index nears 3-month peak on higher demand across vessels

The Baltic Exchange’s dry bulk sea freight index jumped to its highest in nearly three months on Thursday, as rates rose across vessel segments....

Imperial Petroleum adds product tanker pair

Imperial Petroleum, a StealthGas spin-off, has announced the acquisition of two product tankers from Brave Maritime. The two MR product tankers were sold for...

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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...