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Frontline reports revenues of $490.3 million for Q3 2024

Frontline reported unaudited results for the three and nine months ended September 30, 2024: Highlights Profit of $60.5 million, or $0.27 per share for the third...

International Seaways announces leadership transition

On November 22, 2024, Mr. Douglas Wheat resigned from the Board of Directors of International Seaways, and from his role as Chairman of the...

Pyxis Tankers Q3 net revenues at $13.8 million

Pyxis Tankers, an international shipping company, announced unaudited results for the three and nine-month periods ended September 30, 2024. Summary For the three months ended September...

Themistoklis Alafouzos transfers Okeanis Eco Tankers shares to family members

Okeanis Eco Tankers Corp. has been notified of the following transactions: “Hospitality Assets Corp., a company beneficially owned by Themistoklis Alafouzos, a person designated as...

DHT reports third-quarter profit growth

DHT Holdings announced third quarter 2024 Results.

COSCO Shipping Energy orders VLCCs

According to various reports, COSCO Shipping Energy is to proceed with a strategic investment in six 307,000 DWT VLCCs, to be built by Dalian...

Pangaea Logistics Solutions reports Q3 Financial Results

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, announced its results for the three months ended September 30, 2024. THIRD QUARTER 2024...

Dynacom Tankers linked to LR1 order in China

Dynacom Tankers is reported to have placed an order in China for 4 newbuildings. Specifically, the Greek shipping firm will build four 75,000 dwt panamax...

Maersk Tankers to deploy suction sail technology at scale to reduce CO2 emissions

Maersk Tankers, one of the world’s largest tanker operators, is set to deploy eSAIL® suction sail technology on five of its MR vessels as...

Okeanis Eco Tankers posts USD 14.6m net income in Q3

Okeanis Eco Tankers reported its unaudited condensed financial results for the third quarter and nine-month period of 2024, which are attached to this press...

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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...