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SFL announces sale of suezmax tanker

SFL Corporation announced that it has sold and delivered the 2010-built suezmax tanker Everbright to an unrelated third party. The net sale proceeds to SFL...

Ship-to-Ship Transfers of US Crude to Impact Global Oil Benchmark Pricing

US crude transferred from bigger to smaller tankers will contribute to pricing of the world’s most important oil benchmark, removing what traders saw as...

Commodities seen supported by rising China demand, tight global supply

After a weak first quarter, the commodity market has picked up some tailwinds this month on signs of strengthening demand from China and as...

U.S. buys Brazilian soybeans after price drop – shipping data

A drop in prices due to abundant local supplies is making Brazil an attractive origin for soybeans, with at least two vessels carrying a...

Black Sea grain deal could start winding down next week ahead of ‘expected’ closure

A deal allowing the safe Black Sea export of Ukraine grain could start winding down next week after Russia said it will not approve...

Port of Hedland Iron Ore Exports 2% Down in March 2023

Pilbara Ports Authority has delivered a total monthly throughput of 62.1 million tonnes (Mt) for March 2023. This throughput was a three per cent increase...

Excelerate concludes FSRU buy from Maran Gas

Excelerate Energy has completed the acquisition of 173,400 cbm FSRU Sequoia from Maran Gas at the price of USD 265 million. The FSRU is currently...

Diana takes out USD 100 million loan to refinance debt maturing by May 2024

Diana Shipping announced that on April 12, 2023, it signed a term loan facility with Danish Ship Finance A/S for up to US$100 million...

HMM to Test Shipboard Carbon Capture on Containership

HMM plans to conduct field tests of an onboard carbon capture system (OCCS) for containerships in cooperation with Samsung Heavy Industries and Panasia. The tests...

China may cut oil products export quotas in second batch for 2023

China may cut quotas for refined oil products exports in a second batch for 2023 as domestic demand improves while the need to boost...

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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...