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Gibson Weekly Tanker Market Report [W31]

Concerns over growing inflationary pressure across the global economy have been gaining ground. This was reinforced in the recent July edition of the IMF’s...

Marios Iliopoulos: “Rapid transport of firefighters to Rhodes proved we are and will always be firmly on the side of the Aegean Islands”

Seajets responded immediately to the request of the General Secretariat of Civil Protection and the Deputy Ministry of Civil Protection & Crisis Management to...

Seaspan: Charter extensions for 10 containerships

Seaspan announced that it has forward fixed contracts for 10 containerships with a major liner customer. The vessels, representing approximately 100,000 TEU in aggregate,...

Eagle Bulk reports record quarter

Eagle Bulk, one of the world’s largest owner-operators within the drybulk vessel segment, reported financial results for the quarter ended June 30, 2021. Quarter highlights: Operated...

Cargo Surge Continues at Port of Long Beach

Resilient consumer demand continues to drive high volumes of cargo through the Port of Long Beach, which handled a record number of containers for...

Fincantieri to Study Use of Green Hydrogen in Ports, Shipping

Europe’s biggest utility Enel has agreed to work with Italian shipbuilder Fincantieri to find ways to use green hydrogen in ports and long-range sea...

Baltic index rises as capesize rates hit highest since mid-May

The Baltic Exchange’s main sea freight index rose on Thursday on stronger vessel rates, with capesizes at a near three-month peak. The overall index, which...

Scorpio Tankers Posts USD 51.1 Million Net Loss in Q2

Scorpio Tankers reported its results for the three and six months ended June 30, 2021. Results for the three months ended June 30, 2021...

FSL Trust reports 1H net profit of USD 0.9 million

FSL Trust Management Pte. Ltd., the trustee-manager of FSL Trust, announced the unaudited financial results of FSL Trust for the 2nd quarter and 1st...

Container equipment prices have peaked and are expected to moderate

Prices of dry freight shipping containers have doubled over the past year to reach historic highs but will moderate over the next few years,...

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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...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

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...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

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...