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Celestyal, Cyprus Maritime Academy sign MoU for full scholarships for apprentices

Celestyal and Cyprus Maritime Academy have announced the signing of a Memorandum of Understanding, concerning their collaboration in the field of maritime education. Under...

Baltic index climbs to more than 2-month high on firm vessel rates

The Baltic Exchange’s dry bulk sea freight hit a more than two-month high on Monday, on robust demand across all vessel segments. The overall index....

After Red Sea mission, Greece seeks key role in EU defence – minister

Greece, host of the headquarters of the EU operation to shield ships from Houthi attacks in the Red Sea, hopes to play a more...

Posidonia 2024: Navigating Uncharted Waters in the Face of Global Challenges

Posidonia 2024 is already on track to be the biggest ever in the long history of the world’s most prestigious shipping exhibition, as the...

Wallenius Wilhelmsen: Multi-year contract with Korea’s leading construction machinery company

Wallenius Wilhelmsen recently signed a significant multi-year shipping contract with Korea’s leading construction machinery company. The new agreement, which has a duration of three...

Baltic Index Climbs For Third Straight Session On Firm Rates For Larger Vessels

The Baltic Exchange’s dry bulk sea freight index gained for a third straight session on Monday, buoyed by a rise in capesize and panamax...

Höegh Autoliners Signs EV Deal with Major Asian Manufacturer

Höegh Autoliners ASA has signed a new contract with a major East Asian car producer for the transport of cars, mainly electronic vehicles (EVs),...

Red Sea ship diversions boost bunker demand, prices in Africa, Mediterranean

The re-routing of a growing number of ships around Africa to avoid potential attacks in the Red Sea is altering refueling patterns and boosting...

Baltic index snaps 8-day losing streak as larger vessel rates gain

The Baltic Exchange’s dry bulk sea freight index snapped aneight-day losing streak on Thursday as rates increased across larger vessel segments. The overall index, which...

Suez Canal Transits Fall to Lowest Level Since Ever Given Grounding

Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given blocked the waterway nearly three years ago, highlighting...

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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...