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Gibson Weekly Tanker Market Report [W20]

Whilst many members of the OPEC+ group are struggling to achieve its allotted output quota, one country that has been able to is Iraq......

European Maritime Day 2022: Sustainable blue economy for green recovery

On 19 and 20 May 2022 Virginijus Sinkevicius, Commissioner for Environment, Oceans and Fisheries is co-hosting the European Maritime Day (EMD) conference, which is...

Euronav shareholders signal support for Frontline merger

Belgian oil tanker and storage operator Euronav said on Thursday it had received "a clear signal" from shareholders in support of its proposed $4.2-billion...

Seaspan Orders Four LNG Containerships

Seaspan Corporation, a wholly-owned subsidiary of Atlas, announced that it has entered into agreements with a major shipyard to construct four ultra-modern 7,700 TEU...

Greece Emerging as Hub for Russian Ship-to-Ship Fuel Oil Transfers

Russian fuel oil arrivals offshore Greece jumped to record levels in April, as sanctions on Moscow drive traders to find new ways to export...

More Russian Oil Heading East Squeezes Iranian Crude Sales to China

Iran’s crude exports to China have fallen sharply since the start of the Ukraine war as Beijing favored heavily discounted Russian barrels, leaving almost...

Navios Holdings Reports Q1 Financial Results

Navios Maritime Holdings Inc., a global seaborne shipping and logistics company, reported financial results for the first quarter ended March 31, 2022. Angeliki Frangou, Chairwoman...

Golden Ocean delivers strong quarter on back of firm Panamax market

Golden Ocean Group Limited, the world’s leading owner of large size dry bulk vessels, announced its unaudited results for the quarter ended March 31,...

Russia’s wheat exports seen rising in new season

Russia, one of the world’s largest wheat exporters, will export more of the grain in the new July-June marketing season due to a large...

Baltic index gains as rates firm for all vessels

The Baltic Exchange’s main sea freight index rose on Thursday, due to higher rates for all vessels. The overall index, which factors in rates...

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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...