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The “boats of legality”: How the Lega Navale Italiana brings back to new life sailing yachts seized from migrant smugglers and drug traffickers

Tassos Mavris Journalist • Columnist Member: AJE & Community Radio and Italian Television  Over the past 15 years, numerous sailing boats have been intercepted off the Italian coast...

The Caravel Group and Celsius Tankers Partner to Co-Own and Operate Green Fleets of the Future

The Caravel Group and Celsius Tankers announce the formation of a strategic joint venture to co-own and operate a new fleet of high-specification LNG...

Shipping market shows mixed signals

Although global shipping is facing unstable fundamentals and geopolitical shocks, the freight market picture is multidimensional. From the stability in LNG and LPG carriers,...

Japan Engine: The world’s first complete commercial ammonia fueled engine has been accomplished

Japan Engine Corporation (J-ENG) accomplished the first fully-functional full-scale commercial engine 7UEC50LSJA-HPSCR (50 cm bore, 7 cylinders, with High Press. SCR) on August 30,...

ABB and Wallenius Marine establish OVERSEA™ joint venture

ABB and shipping company Wallenius Marine have formally established a new joint venture based in Stockholm, Sweden, to expand their OVERSEA™ collaboration and ensure...

Wallenius Lines acquires two vessels and flies the Swedish flag

Wallenius Lines has acquired the vessels m/v Don Juan and m/v Turandot, which will now fly the Swedish flag. The acquisition and the Swedish...

Yara Clean Ammonia boosts competitiveness with dual-fuel vessels

Yara Clean Ammonia (YCA), the world’s largest ammonia distributor, has signed a long-term shipping contract with Navigator Amon Shipping, securing access to two state-of-the-art...

Iron ore hits one-week low on narrower steel margins, weak demand

Iron ore futures slipped to their lowest levels in a week on Monday, hurt by shrinking steel margins and expectations of lower steel production...

Celestyal launches ‘Sail & Save’ campaign with up to 50% off, plus ‘kids go free’ on all Arabian Gulf sailings

Up to 50% off available on 45 Greek, Mediterranean and Arabian Gulf sailings departing September 2025 to March 2027. Combinable ‘kids go free’ offer on...

Yangzijiang Shipbuilding secures new deals worth $920m

Yangzijiang Shipbuilding (Holdings) Ltd has secured additional shipbuilding contracts for 22 vessels worth around $920m. In a bourse filing, the company said the contracts include...

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WISTA International elects new president and champions cross-border collaboration at conference in Kuala Lumpur

WISTA International has elected Céline Mortier as its new President. The former WISTA Belgium President and CEO of maritime provider Bogerd Martin was formally...

Contships Logistics reports Q3 & 9M 2026 results

Contships Logistics Corp. announced its unaudited financial and operating results for the three and nine months ended September 30, 2026. Highlights Fleet Composition -During the first nine...

Navios Maritime Holdings increases tender offer price to $16.00 and extends the expiration date of cash tender offer to purchase Series G and Series...

Navios Maritime Holdings Inc. announced that it is amending its previously announced tender offer to purchase any and all outstanding Series G and Series...

Moody’s revises Danaos outlook to positive from stable

Moody’s has revised the outlook on Danaos Corp’s Corporate Family Rating (CFR) to positive from stable. The company’s rating remains at Ba1, while Moody’s has...

Dorian LPG declares irregular cash dividend of $1.25 per share

Dorian LPG Ltd., a leading owner and operator of modern and ECO very large gas carriers, announced that its Board of Directors has declared...

DryDel: Investment drives competitiveness

DryDel Shipping’s strategy for renewing its fleet and strengthening its competitiveness was outlined by...

Greek-owned containership sinks off Bulgaria after attack by three sea drones

The Greek-managed containership Contship Jet has sunk off the Bulgarian coast after being attacked...

Russia says it hit two cargo vessels and Ukrainian logistics hubs

The Russian Defence Ministry said on Sunday that its drones had struck a cargo...

RINA: Paolo Moretti appointed Group Chief Executive Officer

RINA S.p.A.’s new Board of Directors appointed Paolo Moretti, currently General Manager, as Group...

Seven Yield agrees charter deal for sisterships

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

Piraeus among COSCO’s top ports as container throughput rises 11.4%

Piraeus Container Terminal PCT) recorded an 11.4% increase in container throughput at Piers II and III in the third quarter of 2026, with COSCO...

COSCO SHIPPING Ports announces 2026 third quarter results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for...

Hellenic Ports Association: Port planning and EU funding in focus

Preparing Greek ports for the new 2028-2034 EU funding period and upgrading port infrastructure were at the centre of the 8th meeting of the...

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...