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Baltic index steady as higher capesize rates offset dip in smaller segments

The Baltic Exchange’s dry bulk sea freight index was little changed on Monday as an uptick in the larger capsize segment countered a dip...

Greener shipping summit opens Tuesday

This year’s Greener Shipping Summit opens at 9 a.m. on Tuesday as a hybrid event. The theme of the conference is “Moving fast on...

Premium rates from China no longer mandatory as space opens up

All-inclusive container shipping rates were in a wide range for shipments from North and Southeast Asia to North America as the urgency of loading...

Suez canal authority aims to raise transit fees by 6% in 2022

Egypt plans to raise fees by 6% on ships transiting the Suez Canal in 2022, the canal authority’s chairman Osama Rabie said on Thursday....

Baltic index extends losses for 11th session on weaker vessel rates

The Baltic Exchange’s dry bulk sea freight index fell for the 11th straight session on Thursday, dragged lower by a dip in rates across...

ERMA FIRST, MAN Energy Solutions agree strategic partnership

MAN Energy Solutions Benelux via MAN PrimeServ Omnicare strategy will be providing after-sales technical support to vessels equipped with ERMA FIRST ballast water treatment...

Braemar: Strong performance in 1H

Braemar Shipping Services Plc, a leading international Shipbroker and provider of expert advice in shipping investment, chartering, risk management and logistics services, announces its...

Baltic index drops to 5-month low as vessel rates fall

The Baltic Exchange’s dry bulk sea freight index dropped to its lowest in five months on Wednesday, as rates across vessel segments fell. The overall...

Maersk Says Port Delays Will Stretch Into New Year

The chaos that has bedeviled global supply chains in recent months will extend into next year, with a lack of truck drivers preventing hundreds...

Japan’s Bunker Supply Expected To Tighten In Nov On Higher Demand

Bunker fuel supply in Japan is expected to tighten in November as demand is rising, industry sources said in the week started Oct. 24. The...

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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....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

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,...

Evergreen Marine director released amid investigation

Chang Kuo-hua, a director on the board of Taiwanese shipping giant Evergreen Marine Corp,...

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...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...