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Delia Shipping linked to tanker order

According to market sources, Delia Shipping has placed an order with HD Hyundai Heavy Industries in the Philippines for two 115,000 dwt LR2 clean...

MOL and Hitachi launch initiative to convert used ships into floating data centers

Mitsui O.S.K. Lines, Ltd., Hitachi, Ltd., and Hitachi Systems, Ltd. announced the signing of a Memorandum Of Understanding for the development, operation, and commercialization...

Seacon seals deal for multipurpose newbuildings

Seacon Shipping has agreed to take over contracts for four multipurpose newbuildings worth USD 44.4 million. More specifically, the company said a subsidiary has agreed...

US plans to allow Russian oil tanker into Cuba, easing crisis

The Trump administration is planning to let a Russian oil tanker dock in Cuba, alleviating an energy crisis triggered when the US prohibited deliveries...

Two India bound LPG Tankers clear strait of Hormuz

Two India-bound liquefied petroleum gas tankers carrying about 94,000 metric tons of the cooking gas have safely transited the Strait of Hormuz and are...

Houthi missile attack on Israel stokes Red Sea shipping fears

A missile attack on Israel by Iranian-backed Houthi rebels in Yemen on Saturday raises concern that Tehran’s proxies may again try to block Red...

OceanPal Inc. announces reverse stock split to be effective March 30, 2026

OceanPal Inc. announced that its board of directors has determined to effect a one-for-twenty reverse stock split of the Company's common shares, par value...

SITC orders six vessels at Yangzijiang

In a significant move to strengthen its presence in the Intra-Asia trade lanes, Hong Kong-listed SITC International has confirmed the exercise of options for...

Trump official says Hormuz ship insurance program to launch ‘soon’ as tanker traffic struggles to recover

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that...

Capesize: Freight rates over 30,000 dollars/day for Brave Maritime

In one of the most striking deals in the dry bulk market, Haris Vafias has secured the chartering of three capesize vessels from the...

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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...