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Concordia Maritime sells Stena Penguin

Concordia Maritime says it is selling product tanker vessel Stena Penguin to a European buyer. The sale is expected to result in a positive liquidity...

Royal Caribbean raises profit forecast buoyed by travel boom, higher prices

Royal Caribbean Group raised its annual profit forecast after upbeat quarterly results on Thursday, cruising on the back of higher ticket prices and pent-up...

Russian Oil Companies Ramp Up May Exports to Meet Asian Demand

Russia is expected to increase seaborne oil exports from its western ports this month to a four-year high to meet Asian demand for low-priced...

A.P. Moller – Maersk reports solid Q1 results

A.P. Moller – Maersk (Maersk) reports a first quarter of 2023 in line with expectations. Continued destocking and easing of congestions implied lower volumes...

Keppel embarks on major reorganisation to fast-track transformation

Keppel Corporation Limited (Keppel) announced the next phase of its Vision 2030 plans to drive the Company’s further transformation from a conglomerate into a...

Asia’s crude oil imports slip in April amid softer China, India

The strong start to the year for Asia’s imports of crude oil came to a halt in April, with arrivals dropping to a seven-month...

Baltic index slips on weaker panamax, supramax rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Thursday, pressured by lower rates for panamax...

Mitsotakis emphasizes support for Greece’s shipbuilding & repair industry

Greek Prime Minister Kyriakos Mitsotakis visited the Atlas shipyard in Perama, located near the port of Piraeus, on Wednesday. The shipyard is one of...

Greek Shipowners outline industry’s future challenges at Delphi Economic Forum

The representatives of the Union of Greek Shipowners mapped out the positions of the world’s largest shipping company, pointing out that the sector does...

Concordia Maritime sells product tanker

Concordia Maritime has entered into an agreement for the sale of the product tanker Stena Penguin. The sale is expected to have a positive...

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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...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Celestyal launches 190 new winter Mediterranean shore excursions

Celestyal has unveiled its shore excursion programme for its new winter Eastern and Western...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

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...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...