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FMC collects civil penalty payment of $1,900,000 from shipping line

The Federal Maritime Commission (FMC or Commission) investigates potential violations of the Shipping Act and Commission regulations and negotiates settlements and informal compromises of...

Union of Greek Shipowners: Greek shipping remains a global leader

The Union of Greek Shipowners has published its annual report for 2025–2026, presenting up-to-date statistical data on the Greek-owned fleet and its decisive contribution...

Industry‑First ABS SeaTech Innovation Exchange launches strengthening Greek-U.S. maritime technology collaboration

In an industry first, ABS has launched the ABS SeaTech Innovation Exchange, consisting of two advanced technology centers in Athens, Greece, and Houston, Texas,...

BIMCO: Guidance for vessel transit through the Strait of Hormuz

Hundreds of vessels remain unable to transit the Strait of Hormuz and, in the event of a return to more normal navigation conditions, the...

TS Lines founder to be succeeded at company helm by his son

TS Lines founder and chairman Chen Te-sheng is stepping down from his position at the company, passing operational authority to his son, Chen Shao-hsiang. The...

Union of Greek Shipowners President Travlos hosted luncheon in honor of HRH Princess Anne

The Union of Greek Shipowners hosted a luncheon in honor of Her Royal Highness Princess Anne at the Museum of Cycladic Art, during her...

US says its blockade against Iran has redirected 100 vessels

US forces have redirected 100 commercial vessels during its six-week-long blockade of Iran’s ports, Central Command said. The mission, supported by more than 200 aircraft...

Vessels carrying Middle East oil, LNG exit Hormuz, head for Pakistan, China

Two liquefied natural gas tankers are exiting the Strait of Hormuz on Monday, heading to ‌Pakistan and China, while a supertanker with Iraqi crude...

Celestyal wins Gold Award at the ESG Shipping Awards International for its pioneering application of marine biofuels in Greece

Celestyal, through Optimum Ship Management, was distinguished in the Industry Partnership Leader Award category, with Celestyal Discovery as the reference point - the first...

Tankers exit Hormuz as Trump, Vance talk up Iran deal prospects

Two Chinese tankers laden with oil exited the Strait of Hormuz on Wednesday, shipping data showed, brightening hopes that the U.S.-Israeli conflict with ​Iran...

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Robin Energy announces reverse stock split

Robin Energy, an international ship-owning company providing energy transportation services globally, announced that its board of directors has determined to effect a one-for-fifteen (1-for-15)...

Seanergy Maritime announces pricing of €100 million unsecured corporate bond trading on Euronext Athens

Seanergy Maritime Holdings Corp. announced the pricing of the offering of €100 million of unsecured bonds to investors in Greece. The Bonds will be...

Diana Shipping urges Genco Shipping & Trading shareholders to tender their shares by Friday, July 10

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...

NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

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...

METLEN and Tsakos Group formalise partnership to develop one of Greece’s largest hybrid renewable...

METLEN and Tsakos Group formalised the launch of their partnership through METLEN’s entry into...

Foreship unveils RoRo ferry concept tailored to Greek ferry market

Foreship, part of the RINA Group, has developed a new roll-on/roll-off (RoRo) ferry design...

IMO Secretary-General condemns new attacks on ships in the Strait of Hormuz

IMO Secretary-General Arsenio Dominguez issued the following statement: “I regret that once again I am...

Seaspan and Maersk advance fleet efficiency through strategic vessel upgrade program 

Seaspan Corporation Pte. Ltd., a leading independent maritime asset owner and operator, has announced...

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...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...