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Iron ore exploration budgets inch up to 7-year high – report

Iron ore exploration budgets increased 4% year over year to $713 million in 2022, below the global average growth of 16% in nonferrous exploration....

Insurers count the cost of ships snagged in Ukraine crisis

Insurers are facing half a billion dollars in claims for up to 60 commercial ships still stuck in Ukraine a year after the start...

Seaway7 & Saipem Announce Fixed Offshore Wind Commercial Collaboration Agreement

Seaway7 announced that it has entered into a commercial collaboration agreement with Saipem to jointly identify, bid and execute fixed offshore wind projects. Seaway7 and...

Höegh LNG Holdings expecting future profits from FSRU surge

Höegh LNG Holdings Ltd and its subsidiaries reported a total income of USD 106.1 million and an EBITDA of USD 51.9 million for the...

Global wheat buyers set up for price shock by cutting forward purchases

Scarred by high and volatile prices, global wheat buyers are reducing their purchases of future supplies but that raises their exposure to potential price...

Celestyal Announces Acquisition Of New Ship

Celestyal, the award-winning, number one choice for travelers to the Greek Islands and the Eastern Mediterranean, is delighted to confirm the acquisition of a...

Performance Shipping posts strong Q4 financial results

Performance Shipping reported a record quarterly net income from continuing and discontinued operations of $23.8 million and net income from continuing and discontinued operations...

Grains export push to boost dry bulk shipping market

Bumper soybean harvests in Brazil and unsold grains stocks in the United States are set to boost dry bulk shipping rates as buyers including...

Baltic index posts second-biggest jump as vessel rates rebound

The Baltic Exchange’s main sea freight index posted its second-biggest jump ever on Thursday, as rates for all vessel segments rebounded from their multi-year...

Diana Shipping reports higher than expected Q4 profit

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net...

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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...