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Piracy, armed robbery incidents at lowest level in decades

The ICC International Maritime Bureau (IMB) has reported the lowest number of reported piracy and armed robbery incidents for the first nine months of...

Biden enlists Target, Walmart to fix bottlenecks threatening holiday sales

President Joe Biden on Wednesday urged the private sector to help ease supply chain blockages that are threatening to disrupt the U.S. holiday season...

Capesize decline drags down Baltic dry bulk index to 2-week low

The Baltic Exchange’s dry bulk sea freight index slipped to a two-week low on Wednesday as a decline in the larger capesize segment outweighed...

Celestyal Cruises Announces Return To Year-Round Cruising

Celestyal Cruises, the award-winning, number one choice for cruise travelers to the Greek Islands and the Eastern Mediterranean has announced its return to cruising...

Baltic index slips for third day on weak capesize rates

The Baltic Exchange’s dry bulk sea freight index fell for a third straight session on Tuesday as a decline in capesize rates outweighed gains...

Baltic index dips, capesizes hover near 13-year peak

The Baltic Exchange’s dry bulk sea freight index slipped on Monday as a decline in capesize rates offset gains in smaller vessel segments, although...

Capesize strength steers Baltic index to 13-year peak

The Baltic Exchange’s main dry bulk sea freight index extended its rally to a fresh 13-year peak on Thursday, as solid demand powered capesizes...

Transition ‘needs careful sequencing’ to avoid price shocks: Wartsila CEO

The energy transition needs to be carefully sequenced to avoid the cost risks associated with a depleted conventional fossil fuel system, Wartsila’s new president...

Greeks investing heavily in secondhand market

According to a latest Allied Shipbroking report, Greek owners have doubled their investments in secondhand vessels, compared to their income from ship sales, in...

LNG shipping rates climb to multi-month highs

Freight rates to ship liquefied natural gas (LNG) rose to multi-month highs this week as a surge in demand for the super-chlled fuel has...

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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...