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Hyundai LNG Shipping tender wooing more candidates via auction

The tender for Hyundai LNG Shipping Co. is gaining heat after the leading LNG tanker operator recently bagged the largest-ever order in history of...

Transition ‘needs careful sequencing’ to avoid price shocks: Wartsila CEO

The energy transition needs to be carefully sequenced to avoid the cost risks associated with a depleted conventional fossil fuel system, Wartsila’s new president...

Greeks investing heavily in secondhand market

According to a latest Allied Shipbroking report, Greek owners have doubled their investments in secondhand vessels, compared to their income from ship sales, in...

Hanjin secures shipbuilding contract for four boxships

Hanjin Heavy Industries has secured a USD 270 million contract for the construction of four containerships. The eco-friendly 5,500TEU vessels will be built for an...

Capital Ship Management to Secure ABS Decarbonization Notations for Current Newbuild Tankers

In an industry first, Capital Ship Management (CAPITAL) is to secure ABS notations recognizing investment in decarbonization technologies for its newbuild orders for medium...

LNG shipping rates climb to multi-month highs

Freight rates to ship liquefied natural gas (LNG) rose to multi-month highs this week as a surge in demand for the super-chlled fuel has...

Stena And Global Energy Storage Announce LNG Cooperation

Stena Power and LNG Solutions, a subsidiary of leading shipping conglomerate Stena AB, and Global Energy Storage (GES), a developer and operator of energy...

Stolt Nielsen posts declining results third quarter; sees upturn in chemical tanker market

Stolt-Nielsen reported unaudited results for the third quarter and first nine months of 2021. The Company reported a third-quarter net profit attributable to shareholders...

Baltic index extends rally as capesize benchmark breaches 10,000 points

The Baltic Exchange’s main dry bulk sea freight index extended its rally on Wednesday as robust demand and port congestion propelled the capesize index...

Jinhui snaps up supramax from AM Nomikos

Jinhui Shipping and Transportation has acquired a 53,350 dwt  supramax bulk carrier from AM Nomikos. Specifically, the bulker operator has bought the 2007-built Tesoro for...

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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...