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Greek tankers lead G7 exodus from Russia as EU lowers price cap

Greek companies led an exodus of G7-linked crude tankers from Russia in August in a precautionary move to stay compliant with a new, lower...

Scorpio Tankers Announces Time Charter-Out Agreement

Scorpio Tankers announced a time charter-out agreement and an update on daily TCE rates. Time Charter-Out Agreement The Company recently reached an agreement to time charter-out...

Hafnia Limited: Hafnia enters into a preliminary agreement to acquire 14.45% of TORM’s shares from Oaktree

Hafnia Limited announces that Oaktree Capital Management, L.P. and its, the controlling shareholder of TORM plc, has accepted, subject to entering into a definitive...

Mythos AI and lomarlabs launch Next-Gen Bridge Intelligence Pilot Aboard CB Pacific

Mythos AI, a leader in AI-driven marine autonomy systems, has completed the installation of its Advanced Pilot Assistance System (APAS) aboard the CB Pacific,...

Product tankers leaders in the global tanker fleet

Product tankers are playing a decisive role in shaping the structure of the global tanker fleet, currently constituting the largest sector in terms of...

Signal Group emerging as leading player in Aframax spot market

Signal Group, led by Ioannis Martinou, continues to stand out as a leading “player” in the Aframax spot tanker market, with its performance confirming...

Okeanis reports profit of $26.9 million in Q2 2025

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the second quarter and six-month period of 2025. Financial performance of the Second Quarter Ended June 30, 2025 Revenues of $93.9 million in Q2...

Brave Maritime in bulker deal with Imperial Petroleum

According to a SEC filing, Imperial Petroleum has acquired three Japanese-built bulk carriers from Brave Maritime, a sister company controlled by Vafias family interests. The...

OceanPal reports financial results for the six months ended June 30, 2025

OceanPal reported Financial Results for the six months ended June 30, 2025.

Pyxis Tankers announces financial results for the three months ended June 30, 2025

Pyxis Tankers Inc., an international shipping company, announced unaudited results for the three and six month periods ended June 30, 2025. For the three months...

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C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Trafigura secures USD3.4 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura Group Pte Ltd, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility and Term...

Hudson Structured Capital Management announces $719 million closing of Hudson Northern Shipping Fund V LP

Hudson Structured Capital Management Ltd., an investment manager focused on alternative assets across the Transportation and Re/Insurance sectors, announced the final closing of Hudson...

Diversification leads Top Ships to profit increase

Top Ships has earned its first revenues from entering the mega-yacht market. The company, listed on the New York Stock Exchange, announced net profits of...

Global shipping industry reaffirms support for the IMO Net Zero Framework

Leading international maritime associations and organisations reiterate our strong support for adoption by the...

Polys Hajioannou elected new president of Cyprus Shipowners’ Association

The Cyprus Shipowners’ Association (CSA) held its general assembly in Limassol earlier this week,...

BIMCO: Rate increases unlikely but USTR fees could impact 35% of key sectors’ ships

According to BIMCO Chief Shipping Analyst, Niels Rasmussen, when fees from the Office of...

Baltic climbs to one-week high on capesize, panamax strength

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

Baltic edges up on stronger capesize and panamax vessel rates

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

SC Ports appoints Mallace as President and CEO

The South Carolina Port Authority’s Board of Directors announced Micah Mallace as the agency’s next President and CEO. The vote was unanimous. Mallace assumes leadership...

Rotterdam port container traffic disrupted as lashers strike for higher wages

Lashers in Europe's largest sea port Rotterdam went on a 48-hour strike on Wednesday afternoon to demand higher wages, while Flemish harbour pilots protesting...

Port of Long Beach awarded $20 million for Pier Wind

The Port of Long Beach on Wednesday was awarded $20 million by the California Energy Commission to fund the ongoing development of Pier Wind,...

PPA S.A.: Implementation of a New Scholarship Program for the academic year 2025-2026

The Piraeus Port Authority S.A. (PPA) announced the implementation of a new Scholarship Program for the academic year 2025-2026. This is an initiative that...

Ports are key factors in the green and digital transition

In a period of geopolitical turmoil and European changes, the new president of the Hellenic Ports Association (ELIME), Apostolos Kamarinakis, is drawing up a...