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Posidonia 2022 To Set Countdown Agenda for IMO’s next decarbonisation milestone

The world’s leading classification societies for the marine industry are returning to Posidonia this June, following the pandemic-induced hiatus, during which they have been...

Celestyal Cruises Appoints David Noyes as Non-Executive Chairman

Celestyal Cruises, the award-winning, number one choice for cruise travellers to the Greek Islands and the Eastern Mediterranean, has announced the appointment of David...

Subsea 7 awarded substantial contract

Subsea 7 announced the award of a substantial1 contract that will be recorded in the backlog of our Subsea and Conventional business unit in...

Hoegh Autoliners applies to move to Oslo Stock Exchange

Reference is made to the announcement on 14 March 2022, whereby Oslo Børs announced that it had received an application from Höegh Autoliners ASA...

Russian Oil Sales Going Underground as Cheap Crude Tempts Buyers

Away from the public eye. That’s where Russian crude is going as buyers tread carefully in their dealings with the pariah producer. The market is...

OPEC Retains 2022 Oil Demand Growth Estimate

Crude oil spot prices increased strongly in February compared to the previous month, supported by strong physical crude market fundamentals, dissipating fears about COVID-19,...

Maersk calls at Russian ports to pick up 50,000 stranded containers

Shipping group Maersk still has vessels calling at Russian ports to deliver containers booked before the invasion of Ukraine began and to pick up...

Suez Canal cancels rebates for LNG vessels

Rebates on transit fees granted by the Suez Canal Authority to vessels carrying liquefied natural gas have been cancelled, the authority said on Monday...

Intermodal Weekly Market Report [W10]

While all eyes are on the Russian invasion in Ukraine, the last 20 days the tanker market is taking another hit of uncertainty prior...

Baltic index weighed by dip in smaller vessels

The Baltic Exchange’s dry bulk sea freight index edged lower on Tuesday to snap a seven-session long winning streak, as losses in the panamax...

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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...