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Trade Up at Port of Long Beach in November

Shippers continued to reposition cargo back to West Coast seaports in November, lifting trade for a third consecutive month at the Port of Long...

Carnival Ship Responds to Emergency, Rescues Six

Carnival Cruise Line’s Carnival Vista rescued six men near the Dominican Republic in the early morning hours of Wednesday, December 13, 2023, after a...

Fuel tankers face long slog as Panama Canal drought reroutes flows

Oil tanker Cururo is taking the long way from Houston to Chile: sailing the length of South America’s Atlantic coast, across the Strait of...

Iron ore retreats as hopes of strong China stimulus weaken

Iron ore futures retreated on Wednesday as investors became wary of possible downside risks after stimulus announced a day before during an agenda-setting meeting...

Baltic index slips to 2-week low on weaker vessel demand

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, fell to its lowest level in two weeks...

Yemen’s Houthis claim attack on Norwegian tanker

Yemen’s Houthis said on Tuesday they carried out a military operation against the Norwegian commercial tanker STRINDA in their latest protest against Israel’s bombardment...

Scorpio Services, Gulf Navigation launch Dubai ship-management JV

Gulf Navigation Holding PJSC ("GULFNAV"), the Dubai Financial Market listed maritime and shipping company, announced that it has set up a new Joint Venture with...

MSC and Hamburg secure 92.3% of HHLA at end of second acceptance period – MSC

Swiss-based MSC secured 92.3% of port operator HHLA together with the German city of Hamburg after the end of a second acceptance period at...

Proposed COP28 Climate Deal Calls for Transition Away from Fossil Fuels

The COP28 Presidency released a proposed text of a final climate deal on Wednesday that would, for the first time, push nations to transition...

Transocean Announces $251 Million Harsh Environment Semisubmersible Contract

Transocean announced a minimum 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000...

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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...