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Greeks spend $18 bln on new gas ships since 2021

Greek shipowners have spent an unprecedented $18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker...

Amadeus Schiffahrts enhances its fleet with new kind of river-seagoing vessel

Amadeus Schiffahrts- und Speditions GmbH, a subsidiary of HGK Shipping, is enhancing its charter fleet during the autumn of this year to now include...

Baltic index falls to more than two-month low on weaker vessel rates

The Baltic Exchange’s main sea freight index extended its fall to the lowest in more than two months on Wednesday as rates for all...

Baltic index falls over one-month low as rates decline across vessels

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest in more than one...

Baltic index extends gains as capesize rates rise

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second consecutive session on Monday,...

Greek shipping pioneer Athina Martinou dead at 97

Athina Martinou, a key figure in modern Greek shipping and the global maritime industry died on Friday, at the age of 97. Born in 1926...

Fire breaks out on LPG tanker at Kutubdia anchorage

Fire broke out at LPG tanker at Kutubdia anchorage yesterday. Zonal Commander of Bangladesh Coast Guard East Zone Captain Jahirul Hoque confirmed that fire broke...

Jiangnan Shipyard expands to the Middle East: 2 new VLACs ordered by Abu Dhabi

Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), celebrated a significant milestone with the opening of its Middle East office in Abu...

President of Cyprus at WISTA conference: «Gender equality is high priority»

Gender equality is a high, horizontal priority of our Government, President of the Republic of Cyprus, Nikos Christodoulides, said addressing the world conference of...

Baltic index falls over one-month low on weak capesize demand

The Baltic Exchange’s main sea freight index continued its decline for the ninth day and hit its lowest in more than a month on...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...