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Höegh LNG Partners LP Reports Q1 Financial Results

Höegh LNG Partners LP reported its financial results for the quarter ended March 31, 2022. Highlights • 100% availability of FSRUs for the first quarter of...

Avance Gas cites positive outlook after strong first quarter

Avance Gas published its first quarter 2022 results.

Höegh LNG Holdings to Acquire All Publicly Held Common Units of Höegh LNG Partners

Höegh LNG Partners LP (NYSE: HMLP) announced that it has entered into a definitive merger agreement with Höegh LNG Holdings Ltd. ("Höegh LNG") pursuant...

Safe Bulkers sees profit rise in first quarter on robust bulker markets

Safe Bulkers announced its unaudited financial results for the three month period ended March 31, 2022. The Board of Directors of the Company also declared...

S. Korea’s shipping stocks survive bear market amid solid shipping rates

South Korea’s shipping stocks are set to resume gains as they recouped most of their earlier losses on anticipated normalization in China after lockdowns....

Maran Gas extends Optimised Maintenance Agreement with Wärtsilä

The technology group Wärtsilä has signed a renewal of its Optimised Maintenance Agreement with the Greek shipping company Maran Gas Maritime. The new agreement...

Europe, Asia gas buyers switching to long-term supplies to beat volatile prices

Natural gas buyers in Asia and Europe are seeking to lock in supplies via long-term contracts as a buffer against volatile global prices, industry...

Tanker trade ramps up as US looks to Europe to plug gasoline gap

Clean tankers are hurrying across the Atlantic with gasoline from Europe for the US where stocks are at multi-year lows at the start of...

Euroseas set to keep paying dividend over next 3 years

Euroseas announced its results for the three-month period ended March 31, 2022 and a share repurchase program and declared a common stock dividend. First Quarter...

Star Bulk Reports Net Profit of $170.4 Million for the First Quarter of 2022

Star Bulk, a global shipping company focusing on the transportation of dry bulk cargoes, announced its unaudited financial and operating results for the first...

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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...