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Baltic index hits 2-1/2-month peak on strong demand across vessels

The Baltic Exchange’s dry bulk sea freight index rose to its highest level in 2-1/2 months on Tuesday, helped by higher rates across its...

Drewry: Multipurpose Time Charter Index Up by 1.7% Feb

The Drewry Multipurpose Time Charter Index increased to $10,987 per day in February, representing a rise of 1.7% compared to the 2.2% rise seen...

Baltic index gains on higher rates for all vessels

The Baltic Exchange’s dry bulk sea freight index rose on Monday, helped by higher rates in all vessel segments. The overall index, which factors...

Russian Oil Tankers Rerouting from Canadian Destinations

Two oil tankers owned and managed by Russia’s largest maritime and freight shipping company, Sovcomflot, which was blacklisted by the United States last week...

Countries Seek IMO Meeting On Shipping Dangers After Ukraine Invasion

Over 15 countries have called for a special meeting with the UN’s shipping agency to discuss the safety of ships and their crews sailing...

European bunker markets feel the heat of Russian sanctions

Bunker market participants across Europe have turned cautious about sourcing fuel from Russia following its military invasion of Ukraine end-February, with many anticipating tightened...

Baltic index slips as lower capesize rates offset gains in smaller vessels

The Baltic Exchange’s dry bulk sea freight index fell on Thursday, as a dip in capesize rates outweighed gains in the panamax and supramax...

Baltic index up on firm demand across all vessels

The Baltic Exchange’s dry bulk sea freight index rose for a second session on Wednesday, helped by an uptick in rates across all vessel...

IRI: New Offices in Vancouver and Qingdao

Expanding to strengthen support in Asia, International Registries, Inc. and its affiliates (IRI) has opened offices in Vancouver, British Columbia and Qingdao, China. This...

MSC temporarily halts bookings to and from Russia

MSC Mediterranean Shipping Company is introducing as of 1 March, with immediate effect, a temporary stoppage on all cargo bookings to/from Russia, covering all...

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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...