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Top bunker hub Singapore marine fuel sales hit record high in 2023

Marine fuel sales at world’s leading bunkering hub in Singapore hit a record high last year, official data showed on Friday, driven by record...

Greek Tanker Boarded by “Unauthorized” Military in Gulf of Oman

Greek oil tanker St. Nikolas was reportedly boarded by six “unauthorized” men in military uniforms in the Gulf of Oman. According to reports, the seizure...

US & UK Strike Houthis Over Attacks on Red Sea Shipping

The US and its allies launched airstrikes on more than a dozen Houthi rebel targets in Yemen, escalating a conflict with an Iranian proxy...

Baltic index falls for fourth straight day on weaker rates

The Baltic Exchange’s dry bulk sea freight index slumped on Thursday for the fourth straight session, due to declines across vessel segments, with panamax...

IMB: Concerning rise in maritime piracy incidents in 2023

The annual Piracy and Armed Robbery Report of the ICC International Maritime Bureau (IMB) raises concern over the first successful Somali based hijacking since...

Celestyal Charts New Course In The Persian Gulf Region And Returns To Year-Round Sailing

Celestyal, the award-winning, number one choice for travelers to the Greek Islands and beyond, has announced that Celestyal Journey will visit four new countries...

Korean Shippers Face Soaring Challenges as Q4 Performance Dips

In the fourth quarter of last year, the annual performance of South Korea’s largest container shipping company HMM and bulk carrier operator Pan Ocean...

Baltic index logs biggest fall in a month on slipping vessel rates

The Baltic Exchange’s dry bulk sea freight index fell on Tuesday to a nearly seven-week low in its worst showing in more than a...

Baltic index drops to over 1-month low on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index slipped to its lowest level in more than a month on Monday as rates declined across...

Baltic index ticks down as smaller vessel rates dip

The Baltic Exchange’s dry bulk sea freight index declined on Thursday, as lower rates for panamax and supramax vessels outweighed strength in the capesize...

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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...