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South Korean Trucker Strike Ends But Hurdles Remain

South Korea’s truckers began returning to work and factories resumed deliveries of goods from cars to steel after a weeklong strike, yet a return...

Baltic index extends gains on jump in capesize segment

The Baltic Exchange’s main sea freight index extended gains on Wednesday on a jump in the capesize segment, while strength in panamax and supramax...

Cruise industry seeks partnership with governments to reach decarbonisation goals

Cruise industry leaders convening in Genoa at the industry's first European Summit devoted to the decarbonisation of cruise have called on governments to join...

Scrubber-Fitted Vessels See Huge Savings as Fuel Spread Widens

Ship-owners that invested in pollution-reducing equipment to let them burn dirtier fuel are enjoying massive discounts due to a supply glut. Owners of vessels...

Baltic index rebounds on capesize, panamax gains

The Baltic Exchange’s main sea freight index rebounded on Tuesday after touching a near two-month low in the previous day as rates rose for...

IMO Clamps Down on Dirty Fuel in Mediterranean Sea

Shipping’s global regulator ruled that vessels must slash the sulfur content of fuel used for voyages in the Mediterranean Sea, as part of wider...

Baltic Dry Index Falls to 2-Month Low

The Baltic Exchange’s main sea freight index extended its retreat on Monday, touching a near two-month low as vessel segments dipped. Lower Baltic rates...

Eu Regulation Needs To Protect European Shipping Interests Says UGS President From Posidonia 2022

Europe needs to understand the strategic importance of Greek shipping as the owner of 59% of the EU fleet, especially in times when shipping...

CLIA at Posidonia 2022 with a sustainability agenda on the momentum of the dynamic cruise resumption

With the 27th Posidonia welcoming the global maritime community back to Athens after four years, focusing on the "hot" issues of energy transition, the...

China’s Exports Surge on Easing COVID Restrictions

China’s exports grew at a double-digit pace in May, shattering expectations in an encouraging sign for the world’s second biggest economy, as factories restarted...

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Robin Energy announces reverse stock split

Robin Energy, an international ship-owning company providing energy transportation services globally, announced that its board of directors has determined to effect a one-for-fifteen (1-for-15)...

Seanergy Maritime announces pricing of €100 million unsecured corporate bond trading on Euronext Athens

Seanergy Maritime Holdings Corp. announced the pricing of the offering of €100 million of unsecured bonds to investors in Greece. The Bonds will be...

Diana Shipping urges Genco Shipping & Trading shareholders to tender their shares by Friday, July 10

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Höegh Autoliners extends contract with major Asian car producer into 2029

Höegh Autoliners ASA has agreed an extension of an existing contract with a major...

METLEN and Tsakos Group formalise partnership to develop one of Greece’s largest hybrid renewable...

METLEN and Tsakos Group formalised the launch of their partnership through METLEN’s entry into...

Foreship unveils RoRo ferry concept tailored to Greek ferry market

Foreship, part of the RINA Group, has developed a new roll-on/roll-off (RoRo) ferry design...

IMO Secretary-General condemns new attacks on ships in the Strait of Hormuz

IMO Secretary-General Arsenio Dominguez issued the following statement: “I regret that once again I am...

Seaspan and Maersk advance fleet efficiency through strategic vessel upgrade program 

Seaspan Corporation Pte. Ltd., a leading independent maritime asset owner and operator, has announced...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...