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‘Green’ marine fuels could cost less than oil bunkers from 2035: Wartsila

Sustainable marine fuels could become cheaper than conventional, oil-based bunkers from 2035 when greenhouse gas emissions regulations like carbon pricing mechanisms are taken into...

A Global Carbon Tax on Shipping is Coming, Says ABS Chairman and CEO

A universal, global carbon tax on shipping is coming, as alternative blue fuels made with carbon capture emerge as a critical step in the...

Baltic index slips to three-week low on weaker capesize, panamax rates

The Baltic Exchange’s main sea freight index fell to over a three-week low on Monday, weighed down by weakness in the capesize and panamax...

Yemen’s Houthis Tell China, Russia Their Ships Won’t Be Targeted

The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked, according...

Baltic index hits two-week low as larger vessel rates slide

The Baltic Exchange’s main sea freight index extended declines on Thursday to hit its lowest level in more than two weeks as rates for...

Somali pirates return, adding to global shipping crisis

As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of...

Declines in larger vessels drag down Baltic index

The Baltic Exchange’s main sea freight index fell for a second straight session on Wednesday, pressured by losses in the larger capesize and panamax...

Panama Has No knowledge of Iranian-Owned Ships on Registry

Panama’s maritime authority said on Monday it has no knowledge of ships owned by Iranians being in its registry, following concerns from U.S. authorities...

Baltic index dips on falling capesize rates

The Baltic Exchange’s dry bulk sea freight index slipped on Tuesday as weaker capesize rates outweighed gains in smaller vessel segments. The overall index, which...

Celestyal increases 2025 programme due to unprecedented demand

Celestyal has refreshed their 2025 deployment schedule to increase the number of ‘Heavenly Adriatic’ and ‘Desert Days’ cruises on offer. Sailing onboard the 1260-guest Celestyal...

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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...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

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...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

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...