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Baltic index edges up on gains in smaller vessels

The Baltic Exchange’s main dry bulk sea freight index neared its highest level in over a decade on Thursday, on gains in the panamax...

Cosco takes Piraeus Port stake to 67%

Greece's Court of Audit has approved the sale of another 16% stake in Piraeus Port Authority (OLP) to Cosco Shipping and a five-year extension...

Sovcomflot exits dry bulk sector

PAO Sovcomflot (SCF Group), a global leader in marine energy transportation services, released its Condensed Consolidated Interim Financial Statements for the periods ended 30...

Golden Ocean Group posts big profit in strong dry bulk market

Golden Ocean Group Limited, a leading dry bulk shipping company, announced its results for the quarter ended June 30, 2021. Highlights • Net income of $104.5...

Frontline takes dive into the red in second quarter

Frontline reported unaudited results for the three and six months ended June 30, 2021: Highlights • Net loss of $26.6 million, or $0.13 per basic and...

Braemar ‘pleased’ with financial performance

Braemar Shipping Services, a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, is pleased to...

Iron ore futures off 1-week high as supply outlook improves

Dalian iron ore rose in a choppy session, while the Singapore benchmark retreated from a one-week high, underlining fragile sentiment as improved supply prospects...

Baltic index snaps 11-session rally as capesizes fall

The Baltic Exchange’s main dry bulk sea freight index fell on Wednesday, halting a 11-session rally that saw it scale its highest level in...

Pemex CEO Says Gas Leak is Likely Cause of Deadly Platform Fire

A deadly weekend fire at on offshore platform in the southern Gulf of Mexico operated by Mexican state oil firm Petroleos Mexicanos (Pemex) could...

Port Houston Containers Set New Record July

Port Houston reached new heights with its biggest month ever recorded for container TEUs. This July Port Houston recorded 297,621 TEUs, an increase of...

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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...