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IRI: New Offices in Vancouver and Qingdao

Expanding to strengthen support in Asia, International Registries, Inc. and its affiliates (IRI) has opened offices in Vancouver, British Columbia and Qingdao, China. This...

Platts – Oil, shipping markets look to navigate sanctions, conflict

Oil companies, refiners, shippers and traders are all weighing their involvement and exposure to Russia after financial sanctions were imposed in response to the...

MSC temporarily halts bookings to and from Russia

MSC Mediterranean Shipping Company is introducing as of 1 March, with immediate effect, a temporary stoppage on all cargo bookings to/from Russia, covering all...

Port of Hamburg: Seaborne cargo throughput recovers in 2021

After the previous year’s downturn caused by the corona pandemic, in 2021 the seaborne cargo throughput trend in the Port of Hamburg was more...

Baltic index moves higher as rates tick up for all vessels

The Baltic Exchange’s dry bulk sea freight index rose on Tuesday, snapping three sessions of declines, thanks to a pick up in rates across...

Belships secures period deal for bulker

Belships has entered into agreement for a period time charter contract for a period of about 22-26 months at a gross rate of USD...

Diana Shipping Announces Direct Continuation of Time Charter Contract for m/v Medusa With Cargill

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...

Hafnia announces signing of USD 414 mln sale & leaseback financing

Hafnia announced that it has signed a USD 414 million Sale and Leaseback Facility on 28 February 2022 with ICBC Financial Leasing Co., Ltd....

Oil Tanker Rates Soar for Key Routes on Russian Invasion

The escalating crisis over Ukraine has catapulted the cost of shipping oil by sea. Freight rates for hauling crude from Russia are surging as...

Russian oil buyers struggle with payments and vessels -traders

Buyers of Russian oil have faced massive difficulties over payments and availability of vessels after imposition of Western sanctions against Moscow over Ukraine, traders...

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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...