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China iron ore futures hit 10-month high on supply concerns

Dalian iron ore futures climbed to a 10-month high on Monday, as shrinking stocks of the steelmaking ingredient at Chinese ports added fuel to...

Citi raises oil price forecasts on “heavily delayed” Iran deal

Citi Research raised its quarterly oil price forecasts for this year and its year-average outlook for 2023, because additional supply from Iran looked heavily...

Baltic index dips as vessel rates fall

The Baltic Exchange’s main sea freight index edged lower on Monday, pressured by weaker rates for all vessel segments. The overall index, which factors...

Posidonia Shipping Exhibition Welcomes Global Maritime Community Back To Athens

Greek Prime Minister Mr Kyriakos Mitsotakis presided over the official opening of Posidonia 2022, as the world’s most prestigious biennial shipping event welcomes back...

Latsco Enters VLCC Sector

Latsco Shipping will add to its fleet in 2022 four newly built VLCC type tankers. which were built at the Hyundai Heavy Industries shipyards...

BW Offshore: Closing of the divestment of BW Joko Tole

BW Offshore has closed the transaction for the sale of the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan...

US May Allow More Iran Oil to Flow Even Without Deal

The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord, according to the biggest...

Okeanis Takes Delivery of VLCC Newbuilding

Okeanis Eco Tankers Corp. announced that it has taken delivery of the VLCC NISSOS NIKOURIA. The Vessel was delivered from Hyundai Heavy Industries in...

Strong tanker market due to sanctions and high demand for oil – Concordia Maritime

The product tanker market has strengthened significantly during April and May, with market rates at much higher levels than for both Q1 2022 and...

EU Russian Oil Ban to Redirect Trade Flows, Prop up Prices – Fitch

An agreement to ban Russian seaborn exports of oil and oil products reached by the EU this week will redirect trade flows and keep...

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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...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

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...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

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...