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Singapore Shipping Association names Teo Teng Seng as new president

The Singapore Shipping Association’s 29th Annual General Meeting was held at PARKROYAL Collection Beach Road in Singapore.

Baltic Index drops to one-week low as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, fell for the third consecutive session to a...

SeaBird Exploration changes company’s name following successful merger

SeaBird Exploration changes its name to SED Energy Holdings and ticker code to “ENH” effective from June 20, 2025, following the successful merger between...

RINA acquires Finland-based foreship, strengthening global position in marine consulting

RINA, the multinational engineering consultancy, inspection and certification group, has acquired the entire share capital of Foreship, a renowned Finnish company specialising in naval...

Philippe Louis-Dreyfus passes away; ECSA extends deepest condolences

Philippe Louis-Dreyfus has been among the greatest personalities that have served as President and member of the Board of ECSA. He represented a rare...

Australia imposes sanctions on Russian shadow fleet vessels

The Australian Government has imposed targeted sanctions on 60 vessels linked to Russia’s shadow fleet. This is the first time Australia has imposed sanctions against...

Baltic index falls to one-week low on weaker capesize, panamax rates

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

Yinson Production and “K” LINE partner to jointly develop and market FSIU and liquefied CO² carrier solutions

Yinson Production and “K” LINE ENERGY SHIPPING (UK) LIMITED (KLES), a London-based subsidiary of Kawasaki Kisen Kaisha, have entered into an agreement to jointly...

PETRONAS, MISC and MOL announce landmark joint venture to advance cross-border CO2 transportation

PETRONAS CCS Ventures, MISC Berhad , and Mitsui O.S.K. Lines, announced the incorporation of a strategic joint venture, Jules Nautica Sdn. Bhd. This JV...

Baltic Index down on weaker rates for large vessels

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry commodities, fell on Tuesday on weaker rates for large...

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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...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

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,...

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...