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Baltic Index falls to one-month low as larger vessel rates dip

The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a one-month low on Wednesday, as...

Intercargo participates in the 110th Session of the IMO Maritime Safety Committee

With a strong presence and active contribution to the proceedings, Intercargo, under the chairmanship of Ioannis Xilas, participated in the 110th session of the...

Loïc Van Staey takes over the reins of KBRV

From 1 July 2025, Loïc Van Staey takes over from Wilfried Lemmens as the Managing Director of the Royal Belgian Shipowners' Association (KBRV). "I am...

Baltic Index hits near one-month low as capesize demand slips

The Baltic Exchange’s main sea freight index fell for a fifth-straight session on Tuesday, to hit a near one-month low, as demand for capesize...

Celestyal announces successful refinancing as it accelerates growth strategy

Celestyal has announced the successful completion of a major refinancing initiative, replacing its original vessel acquisition funding with a more efficient financing model. This milestone...

Mitsui O.S.K Lines: MOL completes the acquisition of LBC Tank Terminals

Mitsui O.S.K. Lines announced that on June 30, it completed the acquisition of all membership rights in LBC Tank Terminals Group Holding Netherlands Coöperatief...

Baltic Index falls to near 3-week low on weaker capesize rates

The Baltic Exchange’s main sea freight index slipped to an almost three-week low on Monday, pressured by softer capesize rates, though it still posted...

No injuries or pollution after explosion at oil tanker off Libya, says operator

An oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but no injuries or pollution...

Gulf shipping costs drop as Israel-Iran ceasefire holds

Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could...

ABS expands network of cutting-edge learning hubs with new hellenic ship safety center

ABS opened the doors on its latest training center, the Hellenic Ship Safety Center in Athens, harnessing the power of new immersive training techniques,...

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Finance & Economy
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DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Diana Shipping Inc. announces extension of tender offer for all outstanding shares of Genco Shipping & Trading

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...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Höegh Autoliners extends contract with major Asian car producer into 2029

Höegh Autoliners ASA has agreed an extension of an existing contract with a major...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

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...