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Black Sea Oil Port Halts On Russian Court Order

A Russian court order to halt oil loadings from a port in the Black Sea has unnerved European crude traders already reeling from the...

Seanergy Announces Delivery & Employment of Recent Capesize Acquisition

Seanergy Maritime Holdings Corp. reported the delivery of the recently-announced Capesize vessel acquisition, M/V Honorship, and the simultaneous commencement of its period employment. Moreover,...

Iron ore rebounds after selloff, but recession fears linger

Dalian iron ore recouped from a selloff in the previous session to rise 5% on Thursday, as the dollar eased, although concerns over a...

Korean Shipbuilders’ Order Intake At USD 26.5 bln in 1H2022

Korean shipbuilders’ order intake in the first half of 2022 reached 9.79 million CGT valued worth US$26.5 billion, accounting for 45.5 percent of the...

Crude oil price forecasts under pressure as recession fears mount

With crude prices under pressure from growing fears of a global recession while supply-side threats hang over the market, the near-term price forecasts for...

Flex LNG raises $100m with refinancing of seven ships

Flex LNG has launched a new phase of refinancing. Specifically, the company is planning to refinance another seven ships, expecting to be able to...

Snam purchases new floating regasification unit from BW LNG

Snam and BW LNG have signed an agreement for the acquisition by Snam Group of 100% of the share capital of FSRU I Limited,...

SM Line Increases Stake in HMM, Fueling Takeover Speculation

SM Line has expanded its hold on HMM after buying more shares, leaving the market to wonder if the rival South Korean ocean-going liner...

Clarksons: Record Orders For Alternative Fuel Vessels in 1H2022

As emissions regulatory and policy decisions continue to “ramp up” across maritime, Clarksons Research is closely tracking uptake of “green” technology that will impact...

Europe forced to pay even higher prices to fill gas storage

Europe’s gas inventories are on course to reach 976 terawatt-hours (TWh) by the end of the summer, compared with 868 TWh at the same...

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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...