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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...

UK maritime reveals major £116bn economic impact

The Centre for Economics and Business Research (CEBR) has published a new report, commissioned by Maritime UK, highlighting the major impact the industry makes...

Five more countries back 2050 zero emissions target

At least five more countries now support aligning the IMO’s climate goals with the Paris Agreement. The Cook Islands, Mexico, Myanmar, Colombia and Malaysia...

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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...

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...

Celestyal launches 190 new winter Mediterranean shore excursions

Celestyal has unveiled its shore excursion programme for its new winter Eastern and Western...

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...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...