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Baltic index scales over 3-1/2-month high

The Baltic Exchange’s main dry bulk sea freight index rose for the seventh straight session on Thursday as demand strengthened across vessel segments. The overall...

Baltic index hits over 3-month high on firm rates for larger vessels

The Baltic Exchange’s main dry bulk sea freight index .BADI hit its highest in more than three months on Wednesday, powered mostly by gains...

Drought-Hit Panama Canal Could Further Reduce Daily Transits

The Panama Canal could further reduce the maximum number of authorized daily vessel transits if this year’s drought continues, the waterway’s administrator said on...

Baltic index extends gain as panamax rates hit four-month peak

The Baltic Exchange’s main dry bulk sea freight index extended gains to a fifth straight session on Tuesday on firm demand across vessel segments,...

Greece: Christos Stylianidis to be appointed new Shipping Minister

Greece’s Shipping Minister, Miltiadis Varvitsiotis, announced his resignation on Monday, a few days after the death of a ferry passenger who was forcefully pushed...

Baltic index hits three-week high on sturdy demand across vessel segments

The Baltic Exchange’s main sea freight index tracking rates for ships ferrying dry bulk commodities, rose to its highest level in three weeks on...

Greece, China boost cooperation on shipping finance

Cooperation between Greece and China on shipping finance is set to receive a boost, after a conference held at the major Greek port of...

Baltic index hits two-week peak on higher capesize rates

The Baltic Exchange’s main sea freight index rose to a two-week high on Thursday, helped by a jump in capesize vessel rates. The overall index,...

Panama Canal water levels at historic lows

The Panama Canal’s water levels have not recovered enough as the end of the rainy season approaches and limits on daily transit and vessel...

Capesize uptick propels Baltic index

The Baltic Exchange’s main sea freight index rose on Wednesday, supported by gains in the capesize segment. The overall index, which factors in rates for...

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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...