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South African Port Declares Force Majeure

South Africa’s monopoly port operator Transnet late Friday declared a force majeure at its Richards Bay Bulk Terminal, it said in a statement, following...

Stena Drilling advances digital transformation with SmartChainServices technology partnership

Stena Drilling announced it has acquired a minority stake in and formed a 3-year technology partnership with SmartChainServices (SCS), a blockchain technology start-up. The announcement...

Baltic index extends fall as capesizes retreat

The Baltic Exchange’s dry bulk sea freight index fell for a fifth straight session to a two-week low on Thursday, as a dip in...

Maersk invests in Vertoro to develop green lignin marine fuels

Maersk’s investment will be used to further develop and commercialise Vertoro’s patented liquid lignin technology, and it will enable Vertoro to build a demo...

Piracy, armed robbery incidents at lowest level in decades

The ICC International Maritime Bureau (IMB) has reported the lowest number of reported piracy and armed robbery incidents for the first nine months of...

BIMCO: US soya bean inspections nearly double w-o-w

After a slow start to the US soya bean export season, partly due to disruption from Hurricane Ida, US soya bean inspections ahead of...

Chinese Shipbuilders Beat South Korean Dockyards in September

Clarksons Research announced on Oct. 13 that global new shipbuilding orders added up to 3.28 million CGT (116 ships) last month and 60 percent,...

Dalian iron ore extends losses on gloom over China demand

Benchmark Dalian iron ore fell for a second consecutive session on Thursday as the outlook for Chinese demand darkened, with Beijing turning more aggressive...

CPLP: Offering Of Senior Unsecured Bonds On Athens Exchange

Capital Product Partners L.P., an international owner of ocean-going vessels, announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, plans to offer in...

Biden enlists Target, Walmart to fix bottlenecks threatening holiday sales

President Joe Biden on Wednesday urged the private sector to help ease supply chain blockages that are threatening to disrupt the U.S. holiday season...

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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...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

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...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

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...