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Global tankers freight recovery likely to be slow – report

Global tanker markets are expected to see better days in 2022 on the back of a likely increase in trade of oil and oil...

Queen Mary 2 Skips New York On Omicron Concerns

Carnival Corp’s Cunard cruise line said on Wednesday its Queen Mary 2 ship would skip a scheduled stop at New York and instead extend...

Oil Steadies After Longest Run in 10 Months

Oil futures in New York dipped after their longest run of gains since February, as the market weighed a series of supply outages against...

Iron ore futures rise, China demand worries cap gains

Dalian and Singapore iron ore futures rebounded on Thursday after three days of losses, but worries over demand for the steelmaking ingredient in top...

U.S. crude, fuel stocks fell last week; output rises – EIA

U.S. crude stocks, gasoline and distillate inventories fell last week, while U.S. oil production rose to the highest since May 2020, Energy Information Administration...

European marine fuel sees tight availability

Tightness in the European fuel oil markets will persist into Q1 2022, as high prompt demand looks set to weigh on availability. The 0.5%S...

Sustainable shipping has a two-speed setting

Shipping’s ability to meet decarbonization targets seem both extremely easy and very tough. Near-term regulations look achievable while 2050 limits potentially look more ambitious...

Havila Shipping: Contract with Amilcar for PSV Havila Borg

Havila Shipping has entered into contract with Amilcar Petroleum Operations for the PSV Havila Borg. The contract is for a firm period estimated to...

Höegh LNG completes Brazilian FSRU charter deal

Höegh LNG announced that it has completed and signed all documentation for a 10-year FSRU charter with Terminal de Regaseificação de GNL de São...

Diana Shipping completes stock buyback

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced the final results of its tender offer to purchase...

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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...