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Baltic index slips as capesize losses outweigh panamax gains

The Baltic Exchange’s main sea freight index declined on Tuesday as capesize rates hit a near six-month low, offsetting a rise in panamax vessel...

Celestyal Journey Departs On Maiden Aegean Voyage

This weekend saw the new North Star of the Celestyal fleet, Celestyal Journey, set sail on her maiden voyage around the Aegean, cruising in...

Higher capesize rates help Baltic index snap 3-session losing streak

The Baltic Exchange’s main sea freight index .BADI, tracking rates for ships carrying dry bulk commodities, snapped its three-session losing streak on Monday, supported...

Panama Canal Shippers Paying Upwards of $3 Million to Cross

Shippers are having to pay record amounts if they want their carriers to beat a logjam of vessels waiting to cross the drought-affected Panama...

Decline in bigger vessels drags Baltic index to monthly dip

The Baltic exchange’s main sea freight index tracing rates for ships ferrying dry bulk commodities recorded its first monthly decline in three months on...

Maersk Marks 1st European Green Methanol Bunkering in Rotterdam

The port of Rotterdam has for the first time refuelled a methanol-powered container ship as the shipping industry turns to the technology to cut...

Higher rates across vessel segments prop up Baltic index

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a six-session long streak of declines on Tuesday,...

Regulators push for low-carbon bunker transition for net-zero 2050

Maritime trades have been powered by residual fuels that emit high levels of air pollutants and greenhouse gases for decades, but a growing number...

Panama Canal drought causes shipping backlog amid Christmas rush

The Panama Canal, an 82-kilometre waterway constructed to allow ships to pass between the Atlantic and Pacific oceans, is under pressure from climate change. Severe...

Waning vessel demand drags Baltic index lower

The Baltic Exchange’s main sea freight index recorded its lowest level in more than eight weeks on Thursday, as demand fell across vessel segments. The...

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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...