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Global Shipping Insurance may shift if Russia sanctions end, Bimco says

The global shipping industry should be open to working with a new group of insurers that emerged to support Russia’s so-called shadow fleet, provided...

Melina Travlou: “Shipping is the foundation of the economic and geopolitical stability of the European Union”

“Shipping is the heart of Europe. Safeguarding its leading position requires immediate and joint action,” noted Melina Travlou, president of the Union of Greek...

Baltic Index hits two-week low as capesize rates dip

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, marked its lowest level in two weeks...

Jesper Kristensen takes the helm as group CEO of Synergy Marine

Synergy Marine Group announced the appointment of Mr. Jesper Kristensen as its new Group CEO, effective March 24, 2025. With a dynamic vision to...

Celestyal Discovery returns to service after major refit

Celestyal Discovery has returned to service following a major refit in Athens over the winter period. ● 47 staterooms added with two new cabin categories ●...

Billion-Dollar US levies on Chinese ships risk ‘Trade Apocalypse’

For a symbol of the chaos engulfing world trade since the Trump administration walked into the White House, look no further than a pile...

Wilhelmsen strengthens maritime innovation commitment with Motion Ventures Fund II

Wilhelmsen announced its continued partnership with Motion Ventures on the launch of Motion Ventures Fund II, a landmark USD100 million-fund dedicated to accelerating technological...

DNV, HD KSOE and HD Hydrogen to collaborate on CO2 capture technology for SOFCs

HD Korea Shipbuilding and Offshore Engineering, HD Hydrogen, and DNV recently signed a Joint Industry Project agreement to develop and validate Pressure Swing Adsorption...

Baltic Index falls on lower capesize, panamax rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, edged lower on Thursday, hurt by falling...

European shipping key for Europe’s security with 35% of global fleet, studies find

Ahead of the European Shipping Summit, European Shipowners released a Deloitte study on the EU Shipping Competitiveness and a CE Delft study on the...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

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...

Hunter Group ASA appoints Erik M Mathiesen as permanent CEO

Hunter Group ASA announced that the Board of Directors has appointed Erik M Mathiesen...

Russia says it struck vessels in Ukraine

The Russian defense ministry said on Sunday its forces had carried out overnight drone...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

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...