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TEN: Charter extension for two panamax tankers

TEN announced the 24-month extension to the charter of two panamax tankers with the existing charterer, a leading South American oil concern. The employment,...

Diana: Time Charter Contract for m/v Florida

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

Safe Bulkers to distribute dividend following profit surge

Safe Bulkers announced its unaudited financial results for the three and twelve months periods ended December 31, 2021. The Board of Directors of the...

Costamare posts record 2021 profit

Costamare reported unaudited financial results for the fourth quarter (“Q4 2021”) and year ended December 31, 2021. I.    RECORD PROFITABILITY FOR Q4 2021 AND YEAR...

US LNG exporters emerge as big winners of Europe gas crisis

U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe’s supply crisis as they export record volumes to the European Union...

South Korea yards win most LNG newbuilding orders in Jan, Feb

Clarksons Research announced on March 8 that 41 shipbuilding orders (1.29 million CGT) were placed worldwide last month and South Korean shipbuilders won 16...

ZIM achieves ‘historically extraordinary results’

ZIM announced its consolidated results for the three and twelve months ended December 31, 2021. Fourth Quarter and Full Year 2021 Highlights Net income for...

OSG slides further into the red

Overseas Shipholding Group, Inc., a leading provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, reported results...

Baltic index scales near 3-month peak

The Baltic Exchange’s dry bulk sea freight index hit its highest in nearly three months on Wednesday, helped by a jump in rates across...

Siem Offshore announces plan for re-domiciliation

Siem Offshore Inc (SIOFF) announced a plan for a re-domiciliation of the company whereby a new Norwegian holding company will be established for the...

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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...