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FMC approves operation of Premier Alliance

The US Federal Maritime Commission has announced that the Premier Alliance Agreement can take effect on February 9, 2025. The Premier Alliance is replacing THE...

SEEDS Capital appoints 20 new partners to catalyse at least S$300 million of investments into Singapore-based deep tech startups

SEEDS Capital, the investment arm of Enterprise Singapore (EnterpriseSG), has appointed 20 new local and global partners to co-invest in innovative Singapore-based deep tech...

Non-Iranian ammonia shipment moves north through the Red Sea; seen as “good first signal”

A shipment of ammonia not linked to Iranian suppliers has passed through the Bab Al-Mandab Strait and into the Red Sea for the...

Union of Greek Shipowners welcomes the “Competitiveness Compass”

The presentation of the “Competitiveness Compass” by the President of the European Commission, Ursula von der Leyen, and the highlighting of the vital role...

Melina Travlou re-elected as president of the Union of Greek Shipowners

Greek shipping executive Melina Travlou has been re-elected as President of the Union of Greek Shipowners (UGS), reaffirming her leadership in one of the...

Baltic index rises for fifth straight session on stronger panamax, supramax rates

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fifth straight session...

Continued losses for the Greek registry

The Greek registry is steadily losing strength, especially when it comes to ocean-going ships. The Greek-flagged fleet shrank slowly but steadily in November, both...

Baltic Index rises as panamax, supramax segments log gains

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the fourth consecutive session...

Cruise season begins as 1st ship arrives at Thessaloniki port

The cruise season has begun at the port of Thessaloniki with the arrival of the cruise ship “Celebrity Infinity” of Celebrity Cruises, a subsidiary...

K Line presents CEO succession plan

Kawasaki Kisen Kaisha announced that at the meeting of the Board of Directors that was held on Tuesday, the candidates for Executive Officers and...

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Ardmore Shipping announces financial results for the three and twelve months ended December 31

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2024. Highlights and Recent Activity Reported Adjusted earnings of $10.3 million for...

Navios Partners posts $1.33 billion revenues in 2024

Navios Maritime Partners L.P, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the fourth quarter and...

Scorpio Tankers announces financial results for the fourth quarter of 2024 and the declaration of a dividend

Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months and year ended December 31, 2024....

Wallenius Wilhelmsen closes record-year with another solid quarter

The financial result for the full year of 2024 is another record-breaking result for Wallenius Wilhelmsen as it exceeds the 2023 results. Adjusted EBITDA for...

HMM sees 2024 earnings & profits rise

HMM reported revenue of KRW 11,700 billion (US$8 billion), operating profit of KRW 3,513 billion (US$2.42 billion), and net profit of KRW 3,781 billion...

Seafarer salaries have risen but so have retention rates, Danica survey reveals

Retaining seafarers has improved slightly over the past year, thanks in part to salary...

Shipping: Environmental fees skyrocket in the EU

The environmental fees paid by commercial ships calling at European ports have increased by...

Panama vessel registry says it is ‘not a haven for sanctions evasion’

Panama has made progress stripping vessels from its registry that do not meet its...

Baltic index snaps 3-day losing streak as supramax rates climb

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index declines for third day as capesize plunges to 2-year lowBaltic

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Western Australia’s Ports Reopen After Tropical Cyclone Zelia

Western Australia’s ports of Dampier and Varanus Island reopened, the ports’ operator said, after Tropical Cyclone Zelia hit the state’s Pilbara iron ore region...

Thessaloniki Port targets immediate launch of 6th pier project

The procedures for implementing the investment in the 6th pier of the port of Thessaloniki will begin immediately, according to the administration of the...

Port of Long Beach sees a strong start for 2025

The Port of Long Beach started the new year with its strongest January on record and its second-busiest month ever, largely driven by retailers...

An increasing number of cruise lines choose Piraeus as their homeport

More and more cruise lines are choosing the port of Piraeus as their starting point and homeporting point for their voyages. The benefits of homeporting...

Zululand Energy Terminal signs agreement to operate South Africa’s first LNG Terminal

Zululand Energy Terminal, a joint venture between Vopak Terminal Durban and Transnet Pipelines (TPL), has officially signed the Terminal Operator Agreement (TOA) with Transnet...