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MOL to Become World’s 1st Shipping Company to Issue Blue Bonds

Mitsui O.S.K. Lines, Ltd. (MOL) announced that it has decided to issue "blue bonds" through a public offering in Japan's domestic market in January...

TOP Ships Announces Share Repurchase Program

TOP Ships announced a share repurchase program. The Company’s Board of Directors authorized a share repurchase program under which the Company may repurchase up to...

Scorpio Tankers buying back 13 ships

Scorpio Tankers announced updates on fourth quarter of 2023 Daily TCE Revenues and recent debt and lease activity. Fourth Quarter of 2023 Daily Time Charter...

APM Terminals Elizabeth enhances operations with new super-post-Panamax cranes

APM Terminals Elizabeth announces the commissioning of two new ZPMC super-post Panamax ship-to-shore (STS) cranes. The cranes have a 23-container outreach designed to accommodate...

Bulk Carrier Reportedly Boarded in Indian Ocean

A Malta-flagged, Bulgarian-owned bulk carrier was reportedly boarded on Thursday after being involved in an incident in the Arabian Sea off Yemen’s Socotra Island,...

Maersk denies Houthi claim container ship hit by Yemeni militia

Danish shipping company Maersk on Friday denied a claim by Yemen's Iran-aligned Houthi movement that the militia carried out a drone strike on a...

Dalian iron ore slides on more weak data, sluggish restocking

Chinese iron ore futures extended declines on Thursday, as the market digested a lack of new stimulus measures and data showing weaker-than-expected bank lending...

OPEC holds firm on strong oil demand expectations, despite crude price slump

OPEC remains bullish on 2024 oil market fundamentals despite global economic uncertainty, supply growth from outside the group and a recent fall in oil...

Baltic index extends losses on weaker vessel demand

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, inched lower for the second consecutive session on...

KNOT Offshore Announces Q3 Interim Results

For the three months ended September 30, 2023 (“Q3 2023”), KNOT Offshore Partners LP: Generated total revenues of $72.7 million, operating income of $20.6 million...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

PIL announces planned leadership succession: Wan Chee Foong appointed Deputy CEO, to succeed Lars...

The Board of Directors of Pacific International Lines (PIL) announced the appointment of Mr...

ABS and lomarlabs team up to accelerate early-stage, innovative solutions for global shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...