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Baltic index extends gains on strong capesize demand

The Baltic Exchange’s main sea freight index extended gains for a second-straight session on Thursday, supported by higher rates for capesize vessel segment. The overall...
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Dorian LPG Declares Irregular Cash Dividend of $1.00 Per Share

Dorian LPG announced that its Board of Directors has declared an irregular cash dividend of $1.00 per share of the Company's common stock. The total...
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Dynacom Tankers linked to order for up to 14 newbuildings

According to market sources, Dynacom Tankers Management has made ten firm and four optional orders for LR2 product carriers at DSIC Shanhaiguan Shipbuilding Industry...
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TOP Ships announces receipt of Nasdaq notice

TOP Ships announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated April 21, 2023, indicating that because the closing...
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Smaller islands on the radar of the major luxury cruise companies

Luxury cruise companies are turning their attention to smaller, off-the-beaten-path destinations, according to discussions at the 7th Posidonia Sea Tourism Forum, held in Thessaloniki,...
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London Marine Insurers Add Sudan to High Risk List

London’s marine insurance market added Sudan to its of areas deemed high risk this week amid further fighting in the conflict-ridden African country, according...
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China, Greece explore potential to boost cooperation on shipping, trade

Chinese and Greek officials and business representatives explored ways of boosting bilateral cooperation on shipping and trade during an investment event held at Piraeus...
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Baltic index ticks up as higher capesize rates offset dip in smaller vessels

The Baltic Exchange’s main sea freight index edged up on Wednesday as higher rates for capesizes outweighed declines in smaller vessel segments. The overall index,...
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OLP revenue up 8% in first quarter

Piraeus Port Authority (OLP) reported an 8% increase in its first-quarter revenue to 43.92 million euros, from €40.68 million in the same period last...
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Maersk Tankers starts offering voyage management services

Maersk Tankers is expanding its services to shipowners with a new voyage management service. Building on the company’s expertise in commercial vessel operations and...
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BW LPG posts USD 120 mln Q3 net profit

BW LPG Limited reported financial results for Q3 2024. Highlights and Subsequent Events - Another good quarter for shipping with TCE income - Shipping Q3 2024...

Globus Maritime reports Q3 2024 Financial Results

Globus Maritime Limited, a dry bulk shipping company, reported its unaudited consolidated financial results for the third quarter and nine-month period ended September 30,...

Hurtigruten announces acquisition by consortium of existing investors contributing more than EUR 360m of new capital into the business

Hurtigruten announced that the Company has been acquired by a consortium of existing investors and has received approximately EUR 110m in new, long-term funding....

TORM announces share capital increase

TORM has increased its share capital by 961,823 shares (corresponding to USD 9,618.23) in connection with delivery of two MR vessels and exercise of...

TEN: Strong performance in 9-month results

TEN reported results (unaudited) for the nine months and third quarter ended September 30, 2024.

Höegh Autoliners signs 2-year contract with a major international car producer

Höegh Autoliners ASA has signed a two-year contract with a major international car producer...

Baltic Index drops to more than three-week low as larger vessel rates slip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

Baltic index slips to near three-week low as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

Baltic index snaps six-session losing streak as capesize rates gain

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying...

BAR Technologies: MoU with Mitsubishi Corporation and Nihon Shipyard in Japanese shipping market

BAR Technologies, a wind propulsion leader and innovative simulation-driven marine engineering consultancy, has announced...

ONE strengthens presence in southeast Asia with terminal acquisition in Indonesia

Ocean Network Express announced the completion of its acquisition of a minority stake in New Priok Container Terminal One (“NPCT1”) in Jakarta, Indonesia. NPCT1 is...

Tallinna Sadam signs an agreement with JetGas OÜ for development of new terminal

AS Tallinna Sadam and JetGas OÜ signed an agreement for establishment of a liquefied methane terminal in Muuga Harbour. According to the agreement, JetGas...

MSC clears final hurdle for entry into Hamburg port operator

The world's largest container shipping company MSC has cleared the way for its entry into the Hamburg port operator HHLA. According to a mandatory publication...

COSCO SHIPPING Chancay Peru Terminal starts operation

Located in the central part of the Peruvian coastline, approximately 78 kilometres north of Lima, Chancay Port is COSCO SHIPPING’s first green and smart...

Greece’s Piraeus named top passenger shipping port in 2024

Piraeus Port handles approximately 20 million passengers a year making it one of the busiest ports in Europe. The Port of Piraeus, Greece’s largest, was...

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