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Iron ore hits multi-week highs on China demand hopes

Iron ore prices scaled multi-week highs on Tuesday, with benchmark futures in Dalian and Singapore rising for a fourth straight session, underpinned by hopes...

Baltic index extends fall as rates slide across vessels

The Baltic Exchange’s dry bulk sea freight index fell for the ninth straight session on Tuesday, hovering near an eight-month low, tracking a retreat...

Royal Caribbean Says 48 ‘Symphony of the Seas’ Passengers Test Positive for COVID-19

Royal Caribbean Group said on Monday 48 people on its Symphony of the Seas cruise ship tested positive for COVID-19, fueling concerns that the...

Baltic index hits 8-month low as smaller vessels weigh

The Baltic Exchange’s dry bulk sea freight index slipped for an eighth straight session to its lowest level since mid-April, hurt by a decline...

UK and Australia Finalize Post-Brexit Trade Deal

The U.K. and Australia finalized their post-Brexit trade deal, the first post-Brexit agreement reached by Britain that goes beyond rolling over a previous EU...

Maersk enters strategic partnership with Unilever

A.P. Moller – Maersk (Maersk) announced the signing of an international freight supply chain management partnership with Unilever effective from 2022. The four-year agreement will...

Baltic index drops to 1-month low on subdued vessel enquiries

The Baltic Exchange’s dry bulk sea freight index fell to its lowest level in a month, as rates declined across all its vessel segments,...

Baltic index sees worst day in six weeks as vessel rates falter

The Baltic Exchange’s dry bulk sea freight index fell for a fourth straight session on Tuesday to mark its worst day since early November,...

Containership crew kidnapped by pirates in Gulf of Guinea – reports

According to initial unconfirmed reports, up to nine crew have been kidnapped in a pirate attack on a container ship in the Gulf of...

Baltic index slips to over 1-week low as larger vessel rates slide

The Baltic Exchange’s dry bulk sea freight index fell to its lowest level in more than a week on Monday, pressured by easing rates...

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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....

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...

Angelicoussis Group deploys Starlink across more than 140 vessels

Angelicoussis Group has equipped more than 140 vessels with Starlink’s low-Earth orbit satellite network,...

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...