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Marco Polo Marine Ventures Into Green Ship Recycling

Marco Polo Marine, a reputable regional integrated marine logistics company announced that its subsidiary, P.T. Marcopolo Shipyard, has ventured into green ship recycling, to...

Multipurpose Time Charter Index Up to $10,575/day in December

The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement...

S. Korean shipbuilders record best year since 2013

South Korean shipbuilders last year received orders totaling seventeen-million-440-thousand compensated gross tonnage the industry’s best in eight years. According to the Trade Ministry on Wednesday,...

FOWIC: 3 new contracts and reservation agreements

Fred. Olsen Windcarrier (FOWIC) has recently executed three new contracts and reservation agreements with a combined revenue of up to EUR 80m. The contracts...

Cruise Operators Pause Operations in Brazil

Cruise ship companies in Brazil will suspend most operations until Jan. 21, an industry association said on Monday, after health authorities recommended against cruise...

Pyxis Tankers Announces Sale of Two Small Tankers

Pyxis Tankers announced that it has agreed to sell the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers for an...

Piraeus Bank Announces Sale of Shipping NPE Portfolio

Piraeus Financial Holding announced that its subsidiary Piraeus Bank S.A. has reached an agreement with an entity affiliated with Davidson Kempner Capital Management LP,...

Wärtsilä technologies support CMA CGM in decarbonisation

The technology group Wärtsilä has again been selected to supply a broad scope of solutions for new LNG-fuelled container ships ordered by CMA CGM,...

China constructs the world’s largest ro-ro ship

China has reportedly started the construction of the world’s largest and most advanced green roll-on/roll-off (ro-ro) ship in Yangzhou, East China’s Jiangsu Province, marking...

Baltic index edges up from 8-month low as larger vessel rates rise

The Baltic Exchange’s dry bulk sea freight index rose on Tuesday, crawling away from a more than eighth month low, helped by strong demand...

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UK P&I Club and TT Club announce the successful completion of their joint acquisition of the Thomas Miller Holdings group

The UK P&I Club and TT Club announced the successful completion of their joint acquisition of the Thomas Miller Holdings group, marking a major...

Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Seven Yield agrees charter deal for sisterships

Seven Yield has agreed five-year time charters for two pure car and truck carriers...

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...