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Celestyal updates winter deployment with expanded Mediterranean programme

Celestyal has extended its current Mediterranean programme with a winter 2026/27 deployment. The cruise line has confirmed it will cancel its Arabian Gulf season for...

Greeks invest 60 billion dollars into ‘green’ ships

Greek shipowners are making investments in newbuild vessels exceeding 60 billion dollars, running an extensive shipbuilding program for new commercial vessels and taking a...

Trump threatens Oman as Hormuz deal remains elusive

President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a...

FMC collects civil penalty payment of $1,900,000 from shipping line

The Federal Maritime Commission (FMC or Commission) investigates potential violations of the Shipping Act and Commission regulations and negotiates settlements and informal compromises of...

Scorpio Tankers Inc. announces agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding MRs and its intention to...

Scorpio Tankers Inc. announced that it has entered into agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding...

Samsung Heavy wins five-vessel order

Samsung Heavy Industries has secured a package order for five vessels spanning three vessel types from a single shipping company. Samsung Heavy Industries disclosed on...

Genco Shipping & Trading Board of Directors to review revised, unsolicited tender offer from Diana Shipping

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping Inc. increases all-cash offer to acquire Genco Shipping & Trading to $24.80 per share

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Union of Greek Shipowners: Greek shipping remains a global leader

The Union of Greek Shipowners has published its annual report for 2025–2026, presenting up-to-date statistical data on the Greek-owned fleet and its decisive contribution...

Heidmar Maritime Holdings Corp. reports results for the quarter ended March 31, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter ended March 31, 2026. First Quarter 2026 Highlights Total revenues of $18.4 million, up from $5.8...

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DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Diana Shipping Inc. announces extension of tender offer for all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Höegh Autoliners extends contract with major Asian car producer into 2029

Höegh Autoliners ASA has agreed an extension of an existing contract with a major...

METLEN and Tsakos Group formalise partnership to develop one of Greece’s largest hybrid renewable...

METLEN and Tsakos Group formalised the launch of their partnership through METLEN’s entry into...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...