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Castor Maritime Announces New Charter Agreements

Castor Maritime Inc., a diversified global shipping company, announces that: The M/V Magic Nova, a 2010 built Panamax dry bulk carrier, has been fixed on...

Baltic index snaps 5-day losing streak as capesizes gain

The Baltic Exchange’s dry bulk sea freight index gained on Thursday, after falling for five straight sessions, as firmer capesize rates offset losses in...

U.S. Exporters Call for More Scrutiny of Carrier Alliances

Agricultural exporters in the US have called on authorities to impose greater scrutiny on shipping alliances and the behaviour of shipping lines during the...

Höegh LNG Partners Reports Third Quarter Net Income of $17.4 Million

Höegh LNG Partners LP reported its financial results for the quarter ended September 30, 2021. Highlights • Continued measures to mitigate the risks from the...

MISC Group Returns to Profits

MISC is pleased to announce its financial results for the third quarter ended 30 September 2021. Financial Highlights: • Group revenue and operating profit for the...

Grindrod Reports Third Quarter Profit of $49 Million

Grindrod Shipping Holdings Ltd., a global provider of maritime transportation services predominantly in the drybulk sector, announced its unaudited earnings results for the three...

Seadrill appoints new board of directors

Seadrill announces that a new, independent, seven-member Board of Directors will assume leadership of the new parent company of the Seadrill group upon emergence...

SCF grows its fixed income industrial business further

PAO Sovcomflot (SCF Group, the Company; MOEX: FLOT), a global leader in marine energy transportation services, releases its Condensed Consolidated Interim Financial Statements for...

Diana reports net income of $14.7 million in Q3

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, reported net income of $14.7 million and net income attributed...

White House lauds easing of supply chain clogs, cites shipping competition concerns

The White House on Wednesday lauded improvements in clogged U.S. supply chains, with more goods moving than ever before, but said more work was...

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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...