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TOP Ships Announces Time Charters at Very Strong Rates & Revenue Backlog of $352 Mln

TOP Ships, an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced that it has agreed to extend for up to...

Iran’s Revolutionary Guards seize commercial ship in Gulf

Iran’s Revolutionary Guards “forcibly seized” a commercial ship in international waters in the Gulf on Thursday and the vessel was possibly involved in smuggling,...

Slow tanker fleet growth, robust crude trade signal strong H2 2023 freight outlook

Surging Chinese oil demand, a lingering war in Ukraine, record-low order book and robust crude trade flows have led to a bullish outlook for...

United Maritime: Sale of Remaining Tanker; Acquisition of Panamax Vessel

United Maritime Corporation, announced that it has entered into an agreement with an unaffiliated third party for the sale of its remaining LR2 tanker...

Scorpio Tankers: $1 Billion Financing for Fleet Expansion

Scorpio Tankers announced that it has received commitments from a group of financial institutions for a previously announced $1.0 billion term loan and revolving...

Performance Shipping: Time Charter Contract With ST Shipping for LR2 Tanker

Performance Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ST Shipping & Transport Pte Ltd.,...

Scorpio Tankers Secures $94 Million Credit Facility

Scorpio Tankers announced that it has received a commitment from DekaBank Deutsche Girozentrale for a credit facility of up to $94 million. The credit facility...

Performance Shipping Posts Record Net Income

Performance Shipping reported net income of $15.7 million and net income attributable to common stockholders of $4.6 million for the first quarter of 2023. Net...

Top Ships Announces Spin-Off Creating New Suezmax Tanker Company

TOP Ships announced the filing of a registration statement on Form 20-F with the U.S. Securities and Exchange Commission (the “SEC”) in connection with...

Algoma in $127-million newbuild investment

Algoma announced it has placed an order with Hyundai Mipo Shipyard in South Korea to build two 37,000 DWT ice class product tanker vessels...

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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...