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NYK acquires gas, product tanker and bulker fleet from Eneos Ocean

Nippon Yusen Kabushiki Kaisha agreed to acquire Shipping Business of ENEOS Ocean Corporation from ENEOS Ocean Corporation on July 8, 2024. The transaction is subject...

Ardmore shipping announces leadership transition

Ardmore Shipping Corporation announced that Founder and CEO Anthony Gurnee has informed the Board of Directors of his intention to retire from his executive...

Alimia Group orders MR2 newbuildings in China

Alimia Group has reportedly placed new orders for MR2 newbuildings. According to TradeWinds, the company has confirmed it has signed a contract to build five...

TEN declares dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

TEN a leading diversified crude, product and LNG tanker operator, announced that its Board of Directors declared the regular quarterly cash dividend of approximately...

d’Amico exercises MR tanker option

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...

Russia’s Sovcomflot says western sanctions are undermining safety at sea

Sanctions on shipping companies are undermining safety at sea and pose dangers for trade as ship standards are impacted, the chief executive of sanctioned...

Heidmar agrees to business combination with MGO Global

MGO Global, a digitally-native, lifestyle brand portfolio company, and Heidmar, a global commercial and pool management business serving the crude oil and refined petroleum...

TEN Reports Profits for the First Quarter 2024

TEN reported results (unaudited) for the quarter ended March 31, 2024. Q1 2024 SUMMARY RESULTS The first quarter of 2024 has been the springboard for TEN's...

Wärtsilä propulsion solutions expected to deliver 5% fuel savings for International Seaways tankers

Technology group Wärtsilä announced it will supply its EnergoFlow and EnergoProFin propulsion solutions to four medium range (“MR”) tankers in the International Seaways (NYSE:...

Scorpio Tankers announces updates on its securities repurchase program and second quarter of 2024 daily TCE revenues

Scorpio Tankers announced updates on its securities repurchase program and second quarter of 2024 daily TCE revenues. Securities Repurchase Program The Company recently repurchased 641,654 of...

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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...

Vessels trickle through Strait of Hormuz as Middle East conflict persists

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend,...

Greek shipping a key pillar of economy, citizens’ daily lives, minister says

The importance of Greek shipping to the economy and citizens’ everyday lives was highlighted...

Qatar Energy Chief says Bessent ‘wrong’ about Hormuz future

Qatari Energy Minister Saad Al-Kaabi said Treasury Secretary Scott Bessent is “wrong” when he...

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...

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...