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Wärtsilä to supply Cargo Handling System for LNG Bunker Vessel

The technology group Wärtsilä will supply a new 103 metre (340 feet) long LNG Bunker Barge with a complete LNG cargo storage and handling...

Baltic index gains for fifth day as rates for smaller vessels rise

The Baltic Exchange’s dry bulk sea freight index on Wednesday rose for a fifth straight session to its highest in a month, as gains...

LNGC added to Capital Product Partners’ fleet

Capital Product Partners, the NASDAQ-listed shipping company controlled by the Vangelis Marinakis family, has successful accepted delivery of a newly built LNG carrier. Christened...

Diana Shipping Announces Completion of OceanPal Spin-Off

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has completed the spin-off of its wholly-owned...

Okeanis Reports Q3, 9M Unaudited Interim Condensed Results

Okeanis Eco Tankers reported unaudited interim condensed results for the three and nine months ended September 30, 2021. Q3 2021 HIGHLIGHTS • Time charter equivalent (“TCE”,...

Daewoo Shipbuilding wins W1.5t orders for 6 LNG carriers

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Wednesday it has bagged orders worth a combined 1.5 trillion won ($1.3 billion) to build six...

Pop-Up Container Yards Offer Pressure Valve for Port Congestion

Walmart has developed an empty space near the ports of Los Angeles and Long Beach into a pop-up container yard. The aim is to store...

Oil could hit $150 a barrel with OPEC+ ‘in the driver’s seat’: J.P. Morgan

Oil futures can shake off a breathtaking Black Friday plunge and then some, testing $125 a barrel next year and overshooting to $150 in...

Long delays at Indian LPG terminals tie up VLGCs, freight hits 10-month high

India’s large imports of LPG to meet festive-season demand in November have sparked heavy congestion at its ports, forcing some vessels to wait more...

Vale cuts top of forecast 2021 iron ore production range

Brazilian miner Vale SA lowered the ceiling for its 2021 iron ore production outlook to 320 million tonnes from a previous estimate of 335...

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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...