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MOL places order for four car carriers

Mitsui OSK Lines (MOL) has ordered Shin Kurushima Dockyard and Nihon Shipyard to build four 7,000-unit capacity car carriers using liquefied natural gas (LNG)...
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Euroseas Announces New Charter for M/V “EM Spetses”

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced a new time charter contract for its...
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Safe Bulkers: Bareboat Charter Agreement with Purchase Option for Capesize

Safe Bulkers announced that in relation to its fleet renewal strategy, it has entered into a twelve-month bareboat charter agreement, with a downpayment by...
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Maersk Upgrades Full Year Guidance on ‘Exceptional Market Situation’

A.P. Møller - Mærsk A/S (APMM) reports an unaudited revenue of USD 14.2bn, an underlying EBITDA of USD 5.1bn and an underlying EBIT of...
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Baltic index eases on capesize, panamax slide

The Baltic Exchange’s main sea freight index dipped on Monday on losses in the large and medium-sized vessel segments. The index, which factors in rates...
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Keppel proposes strategic acquisition of Singapore Press Holdings

Keppel announced a scheme of arrangement through its wholly-owned subsidiary, Keppel Pegasus Pte Ltd, to acquire all of the issued and paid-up ordinary shares...
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Yangzijiang clinches US$1.08 b orders for 12 vessels in July

Yangzijiang Shipbuilding (Holdings) Ltd. has secured orders for 12 vessels in July for US$1.08b. Broken down, Yangzijiang secured agreements for the building and delivery of...
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Navios Holdings: Redemption of $100 Million of 11.25% Senior Secured Notes due 2022

Navios Holdings, a global seaborne shipping and logistics company, announced that on July 23, 2021, the Company completed the redemption of an aggregate principal...
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Grindrod: Agreement to Acquire Remainder of IVS Bulk JV Increasing Ownership to 100%

Grindrod Shipping, a global provider of maritime transportation services predominantly in the drybulk sector, announced a number of transactions relating to the acquisition of...
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MSC, Fincantieri AND Snam to partner for world’s first oceangoing hydrogen-powered cruise ship

The Cruise Division of MSC Group, Fincantieri and Snam announced the signing a Memorandum of Understanding (MoU) to jointly determine the conditions for the...
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GOGL: Renewal of share buy-back program

The Board of Directors of Golden Ocean Group announced the establishment and renewal of a share buy-back program. The Company has repurchased a total...

Stolt-Nielsen posts a third quarter net profit of $99.2 million

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2024. The Company reported a third quarter net...

Trafigura secures USD3.2 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility (“RCF”) and Term Loan Facilities...

Carnival reports record-setting operating results, outperforms Q3 guidance & raises full year guidance for 3rd time

Carnival Corporation & plc announced financial results for the third quarter 2024 and provided an updated outlook for the full year and an outlook...

Seanergy Mails Letter to Shareholders Highlighting its Commitment to Delivering Value to All Shareholders

Seanergy Maritime Holdings Corp. announced that it has commenced mailing of proxy materials to its shareholders in connection with the Company’s 2024 Annual Meeting...

Baltic Index hits two-week low as capesize rates dip

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

New LNG system opens in Greece aiming to reduce reliance on Russian gas

The new project, funded in part by the European Commission aims to reduce southeastern...

MISC signs shipbuilding contract for two LNG carriers; gets long-term charter with PETRONAS

MISC Bhd and Samsung Heavy Industries signed shipbuilding contracts for the construction of two...

Baltic index falls for third day on weaker rates for all vessels

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

Celestyal announces specialist coffee bar expansion

To mark international coffee day (October 1), Celestyal has announced the expansion of its...

CMA CGM: Notice of force majeure – ILA strike

As of October 1, 2024, the existing contract between the United States Maritime Alliance, and the International Longshoremen's Association is expired, and the ILA members...

US port workers and operators reach deal to end East Coast strike immediately

U.S. dock workers and port operators reached a tentative deal that will immediately end a crippling three-day strike that has shut down shipping on...

US ports brace for shut down as dockworkers strike

A dockworkers' strike is set to shut down ports across much of the US indefinitely, threatening significant trade and economic disruption ahead of the...

US East Coast port strike set to start Tuesday, says union

A port strike on the U.S. East Coast and Gulf of Mexico will go ahead starting on Tuesday, the International Longshoremen’s Association union said...

MSC Group establishes a new container terminal at Port of Aarhus

Port of Aarhus has just signed an agreement with the global container shipping company Mediterranean Shipping Company (MSC) for the lease of land at...

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