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Maersk in talks with buyers for stake as quits Russia

Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following...

Baltic index nears 6-week peak on capesize, panamax gains

The Baltic Exchange’s main sea freight index rose to a near six-week high on Wednesday, helped by higher rates for capesize and panamax segments....

Greece’s launches new FSRU in Alexandroupoli

The official launch of a new floating storage regasification unit (FSRU) at Alexandroupoli was held yesterday, marking an important milestone not only for Greece’s...

Petrobras investing in offshore revitalization projects

Petrobras is looking at new revitalization projects for its Albacora, Barracuda, Caratinga, Marlim Sul and Marlim Leste fields, in the Campos basin. The information...

Euroseas to Acquire two 4,250 teu Container Vessels, built in 2005 and 2007

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced that it has agreed to acquire M/V...

Qatar Reclaims Crown From U.S. as World’s Top LNG Exporter

Qatar reclaimed the crown as the world’s top liquefied natural gas exporter from the U.S. just as the end of winter lowered demand for...

Chevron Joins Gulf of Mexico Carbon Capture & Storage Project

Chevron, through its Chevron New Energies division, Talos, through its Talos Low Carbon Solutions division, and Carbonvert announced a memorandum of understanding for an...

COSCO SHIPPING Ports Strong In 1Q2022

COSCO SHIPPING Ports Limited, the world’s leading ports operator, today announced the first quarter results of the Company and its subsidiaries for the 3...

Long-term U.S. LNG deals pick up as demand increases

Long-term liquefied natural gas (LNG) contracts ramped up further as sanctions on Russian fuel squeeze an already tightly supplied market and increase global demand...

Intermodal Weekly Market Report [W17]

While observing the ship repair market since the beginning of the year, uncertainty remains part of the daily challenges Owners must encounter for repairing...

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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...