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CMB.TECH NV announces vessel sales for 46.52 million

CMB.TECH NV has sold different vessels, generating a capital gain of 46.52 million USD in total. Euronav CMB.TECH has sold the Suezmax Cap Lara (2007, 158,826...

NYK positions CDR as measure to reduce scope 1 emissions

The NYK Group issued a position paper positioning carbon dioxide removal ("CDR") as a means to reduce Scope 1 emissions. In November 2023, the Group...

d’Amico announces the exercise of its purchase option on MT Cielo Di Houston

d’Amico International Shipping, an international marine transportation company operating in the product tanker market, announces that its operating subsidiary d’Amico Tankers D.A.C. exercised its...

Greeks dominate global tankers market

In the annual ranking of the strongest shipping nations – in terms of the total value of the fleet – published by the shipping...

GSB Tankers and Asahi Tanker formed a JV for expansion in Asia

GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers...

NAT to buy modern suezmax; offloads veteran

NAT has declared the purchase option for a 2018-built Suezmax tanker on favorable terms from a close financing partner.  Furthermore, NAT has also sold a...

Performance Shipping extends time charter for M/T P. Monterey at US$28,000 per day for 12 months

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has extended the...

ADNOC’s logistics arm transfers tankers to Navig8, will cut some staff after takeover

Abu Dhabi National Oil Company's logistics arm has transferred its tankers to Navig8 after it bought 80% of the firm for more than $1...

OceanPal announces the sale of M/V Salt Lake City

OceanPal, a global shipping company specializing in the ownership of vessels, announced that, through a separate wholly-owned subsidiary, it has signed a Memorandum of...

Oil Supertanker Rates on China Routes Double Since Sanctions

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent...

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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...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Cruise Industry report shows measurable progress in environmental technologies and practices

Cruise Lines International Association (CLIA), the leading voice of the global cruise industry, released...

Stop attacking merchant ships and seafarers: IMO Secretary-General to Member States

The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member...

Iran says struck oil tanker in Strait of Hormuz

Iran's Revolutionary Guards said Friday they struck an oil tanker sailing under the Togolese...

World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel

Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

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...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...