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Greece advises vessels to avoid Yemeni waters after Red Sea attacks

Greece has advised commercial vessels sailing in the Red Sea and the Gulf of Aden to avoid Yemeni waters, keep only the necessary crew...

Baltic index falls for sixth straight session on softer capesize rates

The Baltic Exchange’s dry bulk sea freight index dropped on Wednesday for the sixth straight session, dragged lower by steadily declining rates for capesize...

Baltic index sinks on low cargo demand, risks persist in Red Sea

The Baltic Exchange’s dry bulk sea freight index dropped on Tuesday for the fifth straight session, tracking lower rates for capesize vessels, even as...

Red Sea Chaos Has Shippers Bracing for Weeks Without Key Trade Route

The global shipping industry is bracing for the prospect of living without its most important trade route for weeks. Even as the US works to...

Baltic index hits three-week low as capesize rates weigh

The Baltic Exchange’s dry bulk sea freight index hit a three-week low on Monday, mainly weighed down by a decline in rates for bigger...

Panama Canal to increase daily transits to 24 starting in January

Through Advisory to Shipping No. A-54-2023, the Panama Canal announced today that it will increase the number of daily transits to 24 starting in...

Shipping firms to avoid Suez Canal as Red Sea attacks increase

Two major freight firms including MSC Mediterranean Shipping Co, the world’s biggest container shipping line, on Saturday said they would avoid the Suez Canal...

Maersk denies Houthi claim container ship hit by Yemeni militia

Danish shipping company Maersk on Friday denied a claim by Yemen's Iran-aligned Houthi movement that the militia carried out a drone strike on a...

Baltic index extends losses on weaker vessel demand

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, inched lower for the second consecutive session on...

Carnival Ship Responds to Emergency, Rescues Six

Carnival Cruise Line’s Carnival Vista rescued six men near the Dominican Republic in the early morning hours of Wednesday, December 13, 2023, after a...

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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...