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Imperial Petroleum: $10 mln share repurchase program & agreement to acquire two vessels

Imperial Petroleum announced that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase, from...

BIMCO Sees Positive Tanker Market Prospects

BIMCO forecasts that the crude tanker market will see cargo volume growth of between 2.0% and 3.0% in 2023 and between 3.5% and 4.5%...

OceanPal Becomes Strategic Partner In Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings

OceanPal, a global shipping company specializing in the ownership of vessels, announced that the Company agreed to become a strategic partner and invest in...

Economou buys stake in Performance Shipping

George Economou has acquired a stake in tanker owner Performance Shipping. According to a relevant SEC filing, Economou’s investment vehicle, Sphinx, a subsidiary of Maryport...

Frontline posts solid quarter as supportive tanker fundamentals continue

Frontline plc, reported unaudited results for the six months ended June 30, 2023: Highlights Highest second quarter profit since 2008 of $230.7 million, or $1.04 per...

Maersk Tankers to Manage Astomos VLGCs

Astomos Energy, the biggest LPG distributor and trader in Japan, has chosen Maersk Tankers as voyage manager for, initially, five very large gas carriers...

Torm posts profit, returns USD 126 million to shareholders

In the second quarter of 2023, TORM saw a 23% increase in TCE per day to 36,360 USD/day (2022, same period: 29,622 USD per...

Navigator Holdings posts $26.6 million net income in Q2

Navigator Holdings Ltd. has announced (Unaudited) Preliminary Second Quarter 2023 Results. Highlights On August 15, 2023, the Board declared a cash dividend of $0.05 per share...

Euronav announces fresh fleet expansion

Euronav has announced an agreement to purchase one VLCC new build including the option for a second VLCC new build to be lifted in...

Performance Shipping regains compliance with NASDAQ rules

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that the Nasdaq Stock Market has confirmed that the Company...

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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...