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Baltic index slips from 11-yr high, posts monthly gain on strong demand

The Baltic Exchange’s main dry bulk sea freight index eased from a more than 11-year high on Tuesday, but the index notched up its...

Ferry Runs Aground Off The Spanish Island Of Ibiza

A ferry ran aground off the Spanish island of Ibiza on Saturday night, August 28, an incident the emergency services told local media had...

Egypt to increase Suez Canal’s revenues by 5.6% in 21/22

Egypt’s 2021/2022 plan aims to increase the revenues of the Suez Canal by 5.6 percent, according to Minister of Planning and Economic Development Hala...

Supramax, Handysize reach peak freight levels in robust market

Spurred by robust demand for commodities along with port congestions and fleet inefficiencies, the smaller bulker carriers — Supramax and Handysize class ships —...

A Week at Least for World’s Third-Busiest Port to Return to Normal

Operations at China’s Meishan terminal in the world’s third-busiest container port will take at least a week to return to normal, according to Rahul...

Carnival: Diamond Princess Cruise Ship Delays Return to Sailing

The Diamond Princess cruise ship, which became one of the earliest hotbeds for coronavirus infections when the pandemic broke out last year, will delay...

Baltic index edges up on gains in smaller vessels

The Baltic Exchange’s main dry bulk sea freight index neared its highest level in over a decade on Thursday, on gains in the panamax...

Baltic index snaps 11-session rally as capesizes fall

The Baltic Exchange’s main dry bulk sea freight index fell on Wednesday, halting a 11-session rally that saw it scale its highest level in...

Robust dry bulk vessel demand propels Baltic index to over 11-year peak

Solid demand across dry bulk vessels segments propelled the Baltic Exchange’s main sea freight index to its highest level in more than a decade...

HMM Seafarers Threaten Pay Strike, Mass Resignation – report

More than 90% of HMM’s seafaring union members voted to strike on Sunday and, if a resolution is not reached, the 453 union members...

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Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

TOP Ships announces net income of $6.5 million, diluted earnings per share of $0.61 and stockholders’ equity of $76.7 million for the six months...

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced its financial results for the six months ended June...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Piraeus container traffic soars 18% in August

Container throughput at the port of Piraeus remained strong in August, with a significant improvement recorded at Terminals II and III as the global...

Port of Los Angeles posts best three-month cargo stretch in its history

Port of Los Angeles waterfront workers processed  955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...