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Higher rates across vessels propel Baltic index to more than 1-month peak

The Baltic Exchange’s dry bulk sea freight index rose to a more than one-month high on Monday, boosted by a jump in rates across...

Survivor and body found on burning ferry off Corfu

Greek emergency workers rescued a Belarussian truck driver Sunday from a burning ferry off the island of Corfu and found the body of a...

Dutch Coastguard Searches North Sea For Lost Shipping Containers

The Dutch coastguard said on Saturday it was trying to locate 26 empty shipping containers lost on the North Sea during Storm Eunice on...

Lithium-ion Batteries From Electric Vehicles Aboard The Felicity Ace Are Keeping The Fire Alive

Firefighters are struggling to put out a fire that broke out on Wednesday on a vessel carrying thousands of luxury cars, which is adrift...

Cargo ship carrying cars to U.S. catches fire

A burning car transport ship drifted in the mid-Atlantic on Thursday after the huge vessel’s 22 crew members were evacuated due to the blaze,...

Baltic index dips on slow capesize vessel activity

The Baltic Exchange’s dry bulk sea freight index fell to a one-week low on Thursday, as the larger capesize vessel index posted losses for...

Fire Breaks Out on Cruise Ship Near Greek Coast

An Italian cruise ship carrying 237 passengers and more than 50 crew members is on fire off the coast of Greece in the Ionian...

Baltic index dips on weaker demand for larger vessels

The Baltic Exchange’s dry bulk sea freight index slipped on Wednesday as lower rates for capesize and panamax vessels outweighed gains in the supramax...

Posidonia 2022 To Chart New Course For Global Shipping Reset

Posidonia 2022 will be held this summer from June 6-10, with the 27th edition of the world’s most prestigious shipping event gearing up to...

Crystal Cruises officially winds down operations

Troubled Crystal Cruises has officially confirmed its closure, with the company's 238 employees at its Miami base laid off and operations wound down. Crystal Cruises...

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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...