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Baltic dry bulk index up on higher capesize, supramax rates

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a seventh straight session on Thursday, helped...

Navios Partners sells panamax bulk carrier

Navios Maritime Partners has sold Navios Camelia (75,162 dwt) to an unrelated third party at the reported price of USD 15 million. The sale is...

Navios Holdings Launches $20 Mln Tender Offer for Its Series G and Series H American Depositary Shares

Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), announced that it commenced a tender offer to purchase up to $20 million...

Typhoon Muifa Hits Major Eastern China Port Hub

Powerful gales and torrential rains battered Zhoushan in eastern China on Wednesday as Typhoon Muifa made landfall at the port city in what local...

World’s first methanol-powered Newcastlemax bulker gets ABS approval

Classification society American Bureau of Shipping (ABS) has granted approval in principle (AIP) to CSSC Qingdao Beihai Shipbuilding CO., LTD and China Ship Design...

China steel, iron ore prices dip on global macro headwinds

Chinese steel futures fell on Wednesday after hitting two-week highs in the previous session, dragging down the prices of steelmaking ingredients including iron ore...

Baltic dry bulk index rises on gains across vessel segments

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Wednesday, helped by an uptick across...

UK Ports and Trains Face New Wave of Strikes

Two of Britain’s largest ports are bracing for overlapping dockworker walkouts in coming weeks, threatening more disruption to the nation’s trade flows in a...

Typhoon Muifa Brings Eastern China Ports to a Standstill

Authorities in China’s eastern province of Zhejiang ordered ships to return to port, told schools to close and evacuated tourists from nearby islands, as...

Eagle Bulk Acquires Modern Ultramax Bulk Carrier

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk vessel segment, announced that it has expanded its fleet with the purchase...

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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...

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...

Celestyal launches 190 new winter Mediterranean shore excursions

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

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...