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TEN orders up to six aframax newbuildings at Daehan

Tsakos Energy Navigation (TEN) has reportedly placed an order at Daehan Shipbuilding for up to six aframax tanker vessels, worth an estimated USD 450...

Top Ships Announces Sale of Its Last Non-Scubber Fitted Tanker

TOP Ships, an international owner and operator of modern, fuel efficient "ECO" tanker vessels, announced that it has sold to unaffiliated third parties its...

FSL Trust Agrees To Sell One Chemical Tanker

The Board of FSL Trust, as trustee-manager of First Ship Lease Trust, announces that FSL-9 Pte. Ltd., a wholly owned subsidiary of the Trust,...

Concordia Maritime exercises purchase options and sells IMOIIMAX vessels

Concordia Maritime strengthens its liquidity by selling the two IMOIIMAX vessels Stena Image and Stena Important. The buyer is a Chinese leasing company. The...

Hafnia expands fleet via new joint ventures

Hafnia has expanded its fleet with two MR newbuilds and declared an option for two additional LR2 dual-fuel liquefied natural gas vessels through new...

Cambodia’s oil export ambitions sink with “stolen” tanker standoff

When Cambodian officials commemorated the start of the country’s first oil project in June by preserving the first drops of production at a high...

Sovcomflot exits dry bulk sector

PAO Sovcomflot (SCF Group), a global leader in marine energy transportation services, released its Condensed Consolidated Interim Financial Statements for the periods ended 30...

Frontline takes dive into the red in second quarter

Frontline reported unaudited results for the three and six months ended June 30, 2021: Highlights • Net loss of $26.6 million, or $0.13 per basic and...

Nordic Shipholding: Orderly Sale of Remaining Vessels

As stated by Nordic Shipholding in Company Announcements 11/2020, 10/2021 and the 2020 Annual Report, extensive discussions were held with potential merger partners and...

Maersk Product Tankers sells MR vessel

Maersk Product Tankers has reportedly sold its 40,083 dwt MR tanker vessel ‘Maersk Erik’, built at SLS in 2008. The price received by the...

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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...