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ABS grants AIP for nuclear-powered 15K TEU containership developed with KRISO and KAERI

ABS has awarded approval in principle (AIP) for a concept design for a nuclear-powered 15,000 TEU containership developed in collaboration with the Korea Research...

Danaos takes delivery of first 8,000-TEU containership

Danaos Shipping Co. Ltd., controlled by Greek shipping magnate Dr. John Coustas, has taken delivery of the M/V Santorini Express, the latest addition to...

Drewry: World Container Index Down 2% Last Week

The Drewry World Container Index (WCI), the benchmark widely referenced by procurement teams, fell 2% to $4,547 per 40ft container. The decrease indicates that...

Greek shipowners expand containership investment

Strong demand and profitability continue to support containerships with capacities between 1,000 and 10,000 twenty-foot equivalent units (TEUs), while the short-term outlook for the...

Maersk announces structural changes to MECL

Following the announcement of the structural change of AE15 and the successful transit of the Majestic Maersk through the Red Sea, the company informs...

ZIM launches new Falcon Service connecting Asia
and the East Coast of South America

ZIM Integrated Shipping Services announced the launch of ZIM Falcon Service (ZFS). The new service, operated exclusively by ZIM, is scheduled to commence September...

Greek shipowners expand container ship orders, led by feeders

The container shipping market is entering a period of deep structural realignment as global trade gradually shifts away from traditional long-haul routes toward more...

ZIM Board of Directors appoints Dr. Chen Lichtenstein as President and CEO of the Company; will also be joining its Board of Directors

ZIM Integrated Shipping Services Ltd., a global container liner shipping company, announced the appointment of Dr. Chen Lichtenstein as its new President and Chief...

Euroseas Ltd. announces 2-year charter contract extensions for its modern 1,800 teu feeder containerships, M/V Stephania K and M/V Pepi Star

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced charter contract extensions for its...

The CMA CGM NOTRE DAME begins operations with an inaugural call in Shanghai

The CMA CGM NOTRE DAME, the largest containership currently sailing under the French flag and powered by liquefied natural gas (LNG), made its maiden...

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TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

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...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...