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Baltic index gains on higher capesize rates

The Baltic Exchange’s main sea freight index rose for a fourth straight session on Monday, helped by higher demand for capesize vessels. The index, which...

Singapore’s June bunker fuel sales gain on soaring HSFO demand

Singapore’s total marine fuel sales jumped by a sharp 7.4% year on year, underpinned by strong HSFO demand, reflecting the continued rise in scrubbers...

Boskalis, Van Oord win contract for dredging works at Harwich

Boskalis has secured the contract for the Harwich Haven approach channel and inner harbor deepening by the Harwich Haven Authority. The contract carries a...

IMO welcomes WHO vaccine roadmap seafarer prioritization

IMO Secretary-General Kitack Lim has welcomed the World Health Organization’s decision to name seafarers as one of the groups of transportation workers that should...

Capesize jump lifts Baltic index to one-week high

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in a week on...

Baltic index falls on lower capesize, panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower on Tuesday due to slight weakness...

Carnival Makes Plans for Additional Ship Restarts in September, October

Carnival Cruise Line announced that three more ships will resume guest operations in September, and another four in October – bringing the total number...

Baltic index rises after four sessions of fall as capesizes rebound

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, snapped its four-session falling streak on Monday as...

U.S. Appeals Court Blocks Suspension of CDC Cruise Ship Rules by Florida

A U.S. appeals court late Saturday in a 2-1 ruling put on hold a lower-court decision that said the U.S. Centers for Disease Control...

Canada to Allow Return of Cruise Ships in November

Canada will allow cruise ships back into its waters starting in November as the COVID-19 pandemic fades, but they must fully comply with public...

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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...