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Capital Maritime & Trading plans Athens bond issue

Vaggelis Marinakis’ Capital group has a mixed fleet of over 80 ships, including tankers, container ships and dry cargo. At the same time, the...

Seanergy sells and buys cape as part of fleet renewal

Seanergy reported that it has entered into a purchase agreement with a major Japanese company to acquire a 2009-built Capesize vessel. In addition, Seanergy...

Avance Gas: Financing for two first dual fuel newbuildings secured

Avance Gas announced the successful signing and completion of the $104 million sustainability-linked term facility with a bank syndicate previously announced in May 2021....

Subsea 7 agrees to combine its Renewables business unit with OHT

Subsea 7 announced an agreement to combine its Renewables business unit with OHT, subject to the customary approvals, conditions and relevant employee consultations. The...

Firmer capesize rates buoy Baltic index

Baltic Exchange’s main sea freight index , which tracks rates for ships carrying dry bulk commodities, snapped a five-session losing streak on Wednesday on...

Korean Shipbuilders Continuing to Outperform Chinese and Japanese Rivals

Clarksons Research reported on July 6 that the shipbuilding contracts signed last month added up to 4.15 million CGT (131 ships), including 1.82 million...

Ever Given containership set to leave Suez Canal

The container ship that blocked the Suez Canal in March and has been detained there since is due to finally resume its journey on...

Tankers freight seen weak in Q3 as supply weighs

The global tanker markets are likely to stay weak in the third quarter due to the significant slowdown in trade flows, which will take...

Goldman sees crude oil output path uncertain as OPEC+ talks cease

Goldman Sachs said the collapse of OPEC+’s oil output talks have introduced uncertainty into the group’s production path, while maintaining its view of $80...

Procopiou named highest bidder for Hellenic Shipyards

A double tender for the sale of Hellenic Shipyards SA, Greece's biggest shipyard, in the town of Skaramangas, concluded on Wednesday with ship-owner George...

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Scorpio Tankers announces financial results for the first quarter of 2026

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors has...

Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

South Korea’s HMM says ship set ablaze in Strait of Hormuz to be towed...

South Korean shipper HMM, opens new tab said on Wednesday it had secured a...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

AD Ports Group, CMA Terminals Khalifa Port, and CMA CGM Group sign MoU to extend inland reach across the UAE and wider region

AD Ports Group, a leading global enabler of integrated trade, industry and logistics solutions, today signed a Memorandum of Understanding (MoU) with CMA Terminals...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...