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MOL Signs First Agreements in Qatar’s LNG Carrier Newbuild Program

QatarEnergy has signed charter deals for four LNG carriers with MOL, completing an initial set of charter contracts awarded under its major shipbuilding program....

Safe Bulkers: Acquisition of One Capesize Class Dry-bulk Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the acquisition of a 2012-built,...

Crowley & Shell Aim to Advance Decarbonization in Maritime

Continuing to demonstrate their commitment to decarbonization of the maritime sector, Crowley and Shell have entered into a memorandum of understanding with the aim...

Port of Los Angeles Posts Record March, Best First Quarter

The Port of Los Angeles processed 958,674 Twenty-Foot Equivalent Units (TEUs) in March, its third consecutive monthly cargo record. The Port completed its best...

Baltic index snaps 13-session losing streak as panamax gains

The Baltic Exchange’s dry bulk sea freight index snapped a 13-session losing streak on Tuesday, as gains in panamax outweighed losses in the capesize...

OPEC tells EU it’s impossible to replace potential Russian oil supply loss

OPEC has told the European Union that current and future sanctions on Russia could create one of the worst ever oil supply shocks and...

China’s crude oil imports surge in March; likely to fade amid COVID curbs

China’s imports of crude oil rebounded in March, but aren’t likely to grow much more for a while – fuel demand is wilting amid...

Intermodal Weekly Market Report [W14]

In spite of the previous year’s momentum in the secondhand market which was characterized by a plethora of dry bulk and containers SnP materialized...

Lull seen in crew kidnappings in Gulf of Guinea – Report

The ICC International Maritime Bureau’s latest global piracy and armed robbery report recorded 37 incidents in the first three months of 2022 – compared...

D’Amico announces sale of product tanker

d’Amico International Shipping, an international player active in maritime transport and specialized in the tanker market, announced that it has concluded, through the subsidiary...

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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...