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DP World Reports Strong Volume Growth in 9M2021

DP World Limited handled 58.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 9M2021, with gross container volumes increasing...

Diana Shipping Announces Approval for Listing of Oceanpal on Nasdaq

Diana Shipping announced that it has received approval, subject to official notice of issuance, for the listing of the common shares of OceanPal Inc....

Keppel Offshore & Marine sued in US over investment loss

KEPPEL Corporation reported that its offshore and marine subsidiary, Keppel Offshore & Marine (KOM), is facing a lawsuit in the United States with a...

Baltic index slips to one-month low as capesize rates weaken

The Baltic Exchange’s dry bulk sea freight index slipped to its lowest in almost a month on Thursday, as rates for the capesize vessel...

NYK Delivers New LNG Carrier LNG Endeavour to TotalEnergies

The liquefied natural gas (LNG) carrier LNG Endeavour, commercially managed by France LNG Shipping (a French ship-owning company jointly owned by NYK and Geogas...

ZIM Announces Acquisitions of Seven Secondhand Vessels

ZIM Integrated Shipping Services Ltd. announced that during the month of October 2021, it purchased seven secondhand vessels (built between 2007-2009) in a number...

China’s corn imports in September remain strong

China posted strong corn imports for September while November hog futures on the Dalian Exchange have posted a 23.3% increase since end-September to date. China...

EXMAR, LATTICE announce Joint Development of CO2-Carrier

EXMAR and LATTICE Technology announced that they have signed an agreement to jointly work on the development of a new type of CO2-carrier. The...

Drewry: Maritime Financial Insight

In 3Q21 and early October, container shipping stocks saw a sell-off triggered by the risk of worsening container ship demand largely due to power...

CLIA announces appointment of Director General for Europe

Cruise Lines International Association (CLIA), the leading voice for the global cruise industry, announced the appointment of Marie-Caroline Laurent as Director General for CLIA...

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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...

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...

Celestyal launches 190 new winter Mediterranean shore excursions

Celestyal has unveiled its shore excursion programme for its new winter Eastern and Western...

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...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...