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Maersk accelerates Net Zero emission targets to 2040

Maersk announces new aspiring emissions targets expected to align the company with the Net Zero criteria of the Science Based Targets initiative (SBTi) pathway...

Celestyal Cruises: “Wave Season” offers with savings of up to 50% on selected cruises in 2022

Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean, has announced its “Escape Back to...

Wilhelmsen Ship Management takes a majority stake in Ahrenkiel Tankers

Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel...

Eagle Bulk to deploy Jotun HullSkater robot on vessel

Eagle Bulk Shipping has signed a commercial agreement with Jotun for the adoption of hull-cleaning solutions to minimise biofouling and accelerate decarbonisation. Under the agreement...

GasLog Announces Chief Executive Officer Transition

GasLog announced that Paul Wogan, Chief Executive Officer of GasLog, has informed the board of directors of GasLog that he intends to retire from...

Maersk Sees Supply Chain Strain Continuing ‘For Some Time’

A.P. Moller-Maersk on Tuesday warned its customers it was still struggling to move goods around the world as the easing of congestion is taking...

Indonesia Eases Coal Export Ban, Alleviating Supply Concerns

Chinese thermal coal futures fell on Tuesday after Indonesia, the world’s biggest thermal coal exporter, eased a ban on overseas shipments that surprised buyers...

Sembcorp Marine: Taking Another Step Towards a Decarbonised Future

Sembcorp Marine, through its wholly-owned subsidiaries, SMIY and LMG Marin, together with its partners, Mitsui O.S.K Lines, Ltd, and ITOCHU Corporation, have attained Approval...

Baltic index slides to 9-month low as rates drop across vessel segments

The Baltic Exchange’s dry bulk sea freight index dropped to its lowest level since April 2021 on Tuesday, weighed down by weaker demand across...

Nakilat partners with ABS to develop Decarbonization Strategy

Nakilat, one of the world’s largest LNG shipping operators, has partnered with ABS to develop an industry-leading decarbonization strategy. Over the past months, Nakilat’s...

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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...