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Baltic index climbs to 11-week high, led by capesizes

The Baltic Exchange’s main sea freight index rose to an 11-week high on Thursday as rates across larger vessel segments extended gains, led by...

Panama Canal Sees Falling Cargo Volumes Ahead

The amount of cargo passing through the Panama Canal is expected to shrink this fiscal year, the canal’s top authority said on Wednesday, with...

Bright future seen ahead for Sino-Greek shipping cooperation

A bright future lies ahead for Sino-Greek cooperation in shipping, Chinese and Greek speakers told an event at Greece’s Piraeus port on Tuesday. “Cooperation between...

Capesize, panamax gains propel Baltic index to 14th straight rise

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose for the 14th straight session on Wednesday...

Baltic index hits over ten-week high on stronger capesize, panamax demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level since late December on...

Suez Canal: Container Ship Refloated After Breakdown

A container ship that broke down in Egypt’s Suez Canal on Sunday causing some traffic to be diverted has resumed its journey, the Canal...

Celestyal excited about Posidonia Sea Tourism Forum held in Thessaloniki

Having participated at every Posidonia Sea Tourism Forum (PSTF) since the event’s inception in 2011, Greek-based cruise company Celestyal Cruises looks forward to the...

Baltic index hits near two-month high on stronger vessel demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level since early January on...

Höegh Autoliners: Purchase of Höegh Berlin

Höegh Autoliners, through its subsidiary Höegh Autoliners Shipping AS, has agreed with the owner of the leased vessel Höegh Berlin (IMO 9295842) to terminate...

WTO Expects Global Trade Slowdown to Be Short-lived

Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, 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...