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Imperial Petroleum to Acquire Two Handysize Dry Bulk Carriers

Imperial Petroleum announced that it has entered into agreements to acquire two handysize drybulk carriers, built in Japan at Nakai Zosen in 2012 and...

Baltic index logs best day in 2 months

The Baltic Exchange’s main sea freight index, logged its best day in nearly two months on Monday on gains in rates for capesize and...

Petrobras agrees with Alcatel, Maersk consortium for permanent seismic monitoring system

Alcatel Submarine Networks (ASN) and Maersk Supply Service (MSS) has announced the award by Petrobras, operator of the Mero field Consortium, of the contract...

Latsco orders VLGC newbuilding pair at KSOE

Latsco has reportedly placed an order for two very large gas carriers at Hyundai Heavy Industries’ shipyard in Ulsan at the price of USD...

COSCO Shipping expects to report FY2022 net loss – report

COSCO Shipping International is expecting to report a net loss in the FY2022 ended December with a “significant deterioration” in profit during the year. The...

Cyprus Rallies EU Partners to Get Shipping Sector Support

Cyprus is speaking to other European Union member states to shore up support for the shipping industry hit by sanctions on Russia, its shipping...

China set for record crude oil imports in 2023 – analysts

China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following...

Solidarity donation of 1 million Euros by Marios Iliopoulos and Seajets to the quake-stricken people of Turkey

On February 15th Marios Iliopoulos had a meeting with the Turkish Minister of Foreign Affairs, Mevlüt Çavuşoğlu, in Ankara to express his practical support...

Hanwha Group buys HSD Engine

Hanwha Group will acquire ship engine maker HSD Engine in a move to shore up its shipbuilding unit following the conglomerate's takeover late last...

Sembmarine shareholders green-light merger with Keppel O&M

Shareholders of Sembcorp Marine (Sembmarine) have voted in favor of a merger with Keppel Offshore & Marine (Keppel O&M). Specifically, the $4.5 billion deal obtained...

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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...