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Black Sea shipping rates rise as reinsurers cut cover

Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year,...

Ukraine, Russia plane and ship insurance at risk from Jan 1

Insurers may refuse to cover planes flying to Ukraine or ships sailing through the Black Sea as reinsurers – who insure the insurers –...

Insurers Cover Grain Ship from Ukraine’s Black Sea Ports

Broker Marsh and Lloyd’s of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain and food products from...

Shipping Procedures Into Ukraine Still Not Ready, Lloyd’s Official Says

Key arrangements including procedures for ships still need to be worked out before empty vessels can come in and pick up cargoes from Ukraine...

Ship insurers seek more assurances on Ukraine grain corridor

Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international...

G7 Weighs Russia Oil-Price Cap Via Insurance and Shipping Ban

Group of Seven nations are discussing a cap on the price of Russian oil that would work by imposing restrictions on insurance and shipping,...

Insurer Must Pay Spanish Claim in Prestige Oil Spill, EU Court Says

Spain on Monday won backing from Europe’s top court in its mutli-million euros damage claim against The London Steam-Ship Owners Mutual Insurance Association for...

Sovcomflot Fleet Fully Covered By Russian Insurers

Russia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after Western...

Moscow says it can bypass EU ban on insuring maritime oil deliveries to 3rd countries

Russia expects to get around the EU ban on insuring and financing seaborne deliveries of Russian oil to third countries by using state guarantees,...

UK Club financial position ‘strong’; ‘well placed to deal with future challenges’

The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, announced its financial results for the...

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2020 Bulkers Ltd. (2020) – Results for the third quarter of 2025

2020 Bulkers Ltd. announced its unaudited financial and operating results for the three and nine months ended September 30, 2025. Key events during the third...

Contships: Higher revenue and dividend distribution of 20 million dollars in 9 months

Contships Logistics Corp, owned by Nikolas D. Pateras, recorded a 9% increase in its revenue in the nine-month period. Specifically, it reported revenue of...

Seanergy Maritime reports third quarter and nine months financial results for the period ended September 30, 2025

Seanergy Maritime Holdings Corp., a leading pure-play Capesize shipping company, reported its financial results for the third quarter and nine months ended September...

EuroDry reports results for the quarter and nine-month period ended September 30, 2025 and announces debt financing arrangements for its two ultramax newbuildings

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three...

Okeanis Eco Tankers – Unaudited Condensed Financial Statements for the Third Quarter and Nine-Month Period of 2025

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the third quarter and nine-month period of 2025, which are attached to this...

Prosafe SE: Safe Caledonia further extended at Captain

Ithaca Energy (UK) Limited has exercised a further seven weeks of options for the...

WALLENIUS SOL and Holmen enter long-term shipping partnership for paperboard exports

WALLENIUS SOL and Holmen have signed a long-term shipping agreement covering exports of premium...

Baltic Index edges up on stronger vessel rates across the board

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Celestyal expands ‘Iconic Arabia’ shore excursion programme

Celestyal has expanded the shore excursion programme for its upcoming new-for-2025 ‘Iconic Arabia’ itineraries...

Amogy and Samsung Heavy Industries sign strategic partnership for manufacturing of amogy’s ammonia-to-power systems

Amogy, a provider of scalable and efficient ammonia-to-power solutions, and Samsung Heavy Industries (SHI)...

Long Beach Board of Harbor Commissioners approves agreement with SCAQMD for Cleaner AirPort

The Long Beach Board of Harbor Commissioners voted unanimously Monday to approve a cooperative agreement with the South Coast Air Quality Management District and...

Piraeus Port Authority participates in 8th CIIE in Shanghai

The Piraeus Port Authority (PPA), whose CEO is Su Xudong, participated in the 8th China International Import Expo (CIIE), the largest international event dedicated...

AD Ports Group signs agreement with CMA CGM Group to acquire minority stake in Latakia International Container Terminal in Syria

AD Ports Group, a leading global enabler of trade, logistics, and industry, signed a Joint Venture and Shareholders agreement with France-based CMA CGM Group,...

A.P. Moller – Maersk strengthens its ties with India

Maersk and APM Terminals deepen their commitment at the India Maritime Week 2025 by announcing the intent to invest in port infrastructure and explore...

Throughput at the Port of Rotterdam falls slightly in the first nine months of 2025

Total throughput in the port of Rotterdam fell slightly by 2.6% in the third quarter of 2025 compared to the same period last year....