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Scorpio Tankers Announces Agreements to Sell 14 Vessels

Scorpio Tankers has entered into agreements to sell 14 vessels (two MRs and 12 LR1s). Specifically, the Company has entered into agreements to sell two...

Iron ore creeps higher on China demand hopes, supply fears

Dalian iron ore prices rose on Thursday on hopes of robust demand for the steelmaking ingredient in China when steel production curbs are eased...

Baltic index snaps 14-session losing streak as capesize rates gain

The Baltic Exchange’s dry bulk sea freight index snapped a 14-session losing streak on Thursday, as gains in capesize rates outweighed losses in the...

Subsea 7 awarded project offshore US Gulf of Mexico

Subsea 7 announced the award of a substantial1 project for subsea installation services related to Beacon Offshore Energy LLC’s Shenandoah Development, located offshore Gulf...

Euronav gains USD 18 mln upon redelivery of 4 VLCCs under sale & leaseback

Euronav announced that upon the redelivery of 4 VLCCs, which occurs at the maturity of a five-year sale and leaseback agreement, the company will...

Qatar could supply gas to Europe if Russia cuts supplies – report

The emir of Qatar, Sheikh Tamim bin Hamad al-Thani, is expected to tell the US president, Joe Biden, that his country will provide some...

Pirates Attack Bunker Tanker Off Ivory Coast – Report

A bunker tanker vessel was attacked by pirates in the Gulf of Guinea off the Ivory Coast, Dryad Global has confirmed. “Pirates are understood to...

GSL Provides Update on Recent Chartering, Refinancing Activity

Global Ship Lease provided an update on its recent chartering and refinancing activity. The Company has agreed a new three-year charter with a leading liner...

DP World set to record strong business growth in 2021

DP World, one of the world’s largest port operators, expects strong business growth in 2021 as the world economy continues to recover from the...

Asia’s LNG importers risk supply disruptions if Ukraine conflict hits gas trade

Asia’s LNG importers risk supply disruptions if the Ukraine crisis were to escalate and impact Russian gas deliveries to Europe, but most countries are...

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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...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

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...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

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...