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Greek Court Overturns Decision Allowing U.S. Seizure of Iranian Oil Cargo

A Greek court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of...

Baltic index touches over 1-month low on weak demand across vessels

The Baltic Exchange’s main sea freight index extended losses to hit a more than one-month low on Wednesday, pressured by lower rates across all...

CPLP: Acquisition of One LNG Carrier, Three Container Vessels & Sale of Two Boxships

Capital Product Partners, an international owner of ocean-going vessels, announced: The acquisition of one 174,000 cubic meter (“cbm”) latest generation X-DF LNG carrier (“LNG/C”) and...

Baltic index hits over 1-month low as rates fall across vessel segments

The Baltic Exchange’s main sea freight index hit a more than one-month low on Tuesday, hurt by lower rates across vessel segments. The overall...

George Procopiou: Shipping struggling with lack of clarity on sanctions

Shipowners are struggling to know what trades are still legal as a raft of sanctions against Russia and tough measures on other countries including...

Baltic index dips as vessel rates fall

The Baltic Exchange’s main sea freight index edged lower on Monday, pressured by weaker rates for all vessel segments. The overall index, which factors...

Posidonia Shipping Exhibition Welcomes Global Maritime Community Back To Athens

Greek Prime Minister Mr Kyriakos Mitsotakis presided over the official opening of Posidonia 2022, as the world’s most prestigious biennial shipping event welcomes back...

US May Allow More Iran Oil to Flow Even Without Deal

The US may allow more sanctioned Iranian oil onto global markets even without a revival of the 2015 nuclear accord, according to the biggest...

Posidonia Week Is Back At Full Steam

The Posidonia International Shipping Exhibition will be held from June 6-10 at the Athens’ Metropolitan Exhibition Centre. 1,929 companies from 88 countries will exhibit...

Maersk completes acquisition of Senator International

A.P. Moller – Maersk (Maersk) announces the closing of the acquisition of Senator International, a well-renowned global company in freight forwarding. Senator brings with it...

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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...