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Pacific Basin sets shareholder pact with Caravel

Pacific Basin Shipping announced that on 16 February, 2026, the company, The Caravel Group and Caravel Maritime Ventures entered into a shareholder’s agreement in...

Hapag Lloyd giant in talks to buy Israel’s Zim

The Management Board of Hapag-Lloyd Aktiengesellschaft is in advanced negotiations regarding a potential acquisition of all shares in its Israeli competitor Zim Integrated Shipping...

Pistiolis turns to China for 10 product tankers

In a move that marks a change in strategy in newbuildings, shipowner Evangelos Pistiolis is turning to China for the first time in years,...

Safe Bulkers, Inc. announces sale of a 2012-Built Capesize Class Dry-bulk Vessel

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the sale of MV...

Capital Clean Energy Carriers proceeds with bond issue up to €250M

On February 13, 2026, Capital Clean Energy Carriers Corp. announced plans to issue seven-year bonds in Greece with a total potential principal of up...

HD Hyundai achieves record 6 trillion won profit

HD Hyundai, led by Chairman Chung Ki-sun, has opened the era of 6 trillion won (approximately $4.1 billion) in operating profit. Compared to approximately...

HMM maintains solid profitability in 2025 despite weak market

South Korean shipping giant HMM reported a net profit of KRW 1,879bln in 2025 (about $1.29bln) and an operating profit of KRW 1,461bln. The company’s...

Hong Kong’s CK Hutchison warns of legal action over Panama Canal ports

Hong Kong’s CK Hutchison Holdings warned of legal action on Thursday against a Danish logistics and ports group, after the latter was tapped by...

Scorpio Tankers Inc. announces financial results for the fourth quarter of 2025 and an increase to its quarterly dividend

 Scorpio Tankers Inc. reported its results for the three months ended December 31, 2025. The Company also announced that its board of directors has...

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025.

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2025. Highlights and Recent Activity Reported Adjusted earnings of $11.6 million and...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

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...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

PIL announces planned leadership succession: Wan Chee Foong appointed Deputy CEO, to succeed Lars...

The Board of Directors of Pacific International Lines (PIL) announced the appointment of Mr...

ABS and lomarlabs team up to accelerate early-stage, innovative solutions for global shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

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...