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Suez Canal chief says Red Sea crisis did not create sustainable route to replace canal

Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal,...
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Rising rates across all segments push Baltic index to near one-month high

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, jumped to a near one-month high...
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Event: Good Seas with Health and Safety at Zappeion

An event titled “Good Seas with Health and Safety” will be held on April 8, 2025 at the Zappeion Megaron, Athens. Greece’s largest ship-owning groups,...
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Marine Alliance completes acquisition of Speedwell Insurance Brokers

Two years after it was founded, Marine Alliance is growing through the acquisition of the renowned London-based insurance broker Speedwell, who will join the...
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Allied Shipbroking appoints new CEO

Allied Shipbroking announced the appointment of Stefanos Fragos as its new Chief Executive Officer, effective immediately. With a wealth of long experience in ship financing...
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Celestyal Journey returns to service following refit

Celestyal Journey has returned to service in the Arabian Gulf following a planned refit in Dubai. The 1260-guest ship set sail on February 15...
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Baltic index hits one-month high on stronger rates across vessels

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose to a one-month high on...
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Eitzen Group launches bunker company

The Eitzen Group has launched a new bunkering company, Christiania Energy, based in Denmark. Christiania Energy plans to offer services to third-party customers. The company...
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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 raises, the annual Crew Managers’ Survey by Danica Crewing Specialists...
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Shipping: Environmental fees skyrocket in the EU

The environmental fees paid by commercial ships calling at European ports have increased by 100% this year. The two environmental regulations that came into force...
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Evergreen Marine reports record revenue in 2024

Evergreen Marine Corporation announced its financial results for the full year ended December 31, 2024. The company reported sales of TWD 463,567.9 million, up from...

United Maritime achieves “significant progress” in 2024

United Maritime Corporation, announced its financial results for the fourth quarter and twelve months ended December 31, 2024. The Company also declared a quarterly...

Pyxis takes “optimistic view, with challenges ahead”

Pyxis Tankers, an international shipping company, today announced unaudited results for the three months and year ended December 31, 2024. For the three months ended...

DP WORLD reports record revenue of $20.0 billion and EBITDA of $5.5 billion

DP World Limited has announced financial results for the year ended 31 December 2024. On a reported basis, revenue grew by 9.7% to $20.0...

Gulf Navigation gets green light to buyout Brooge Energy assets

The Dubai shipping firm Gulf Navigation has ticked off one major milestone in its ongoing turnaround by getting shareholder approval to take over the...

IMO to develop global strategy for maritime digitalization

The International Maritime Organization (IMO) is taking action to create a comprehensive strategy that...

MOL charters two more VLEC newbuilds to SCG

Mitsui O.S.K. Lines announced that on March 17, its group Company MOL Energia Pte....

Baltic Index down on lower capesize rates

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

Celestyal marks 10-year anniversary with exclusive two-for-one offer

· Celestyal marked 10-year anniversary on March 13, 2025 · Two-for-one offer available on 88...

ICS and CMI launch updated campaign Promoting Maritime Treaty Ratification

The International Chamber of Shipping and the Comité Maritime International launch an updated campaign...

Greek ports record 5.6% passenger traffic increase in Q3

The total passenger traffic in Greek ports increased by 5.6% in the third quarter of 2024 compared to the third quarter of 2023, while...

DP World and Maersk sign long-term agreement to expand maritime services in Brazil

DP World, a global leader in logistics and supply chain solutions, has signed a long-term strategic agreement with Maersk, one of the world’s leading...

China ramps up criticism of BlackRock Ports deal

Chinese authorities increased pressure on CK Hutchison Holdings over its plan to sell its Panama ports stake by sharing a second newspaper commentary attacking...

Trade rises at Port of Long Beach in February

Trade moving through the Port of Long Beach rose for a ninth consecutive month in February as retailers continued to move goods ahead of...

Hanseatic Global Terminals acquires majority stake in terminal operator in Le Havre

Hanseatic Global Terminals successfully completed the acquisition of 60% of the shares in CNMP LH from Seafrigo Group. CNMP LH operates the Atlantique container...

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