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Grieg Green to close activities amid market shifts

The Grieg Green issued an announcement informing that after an extended period of challenging market conditions the company has decided to close recycling and...

India’s Cochin Shipyard secures mega order from CMA CGM for first boxships

India’s efforts to break into the leadership in global shipbuilding are taking a large step forward with Cochin Shipyard securing its first-ever international order...

China opens first container ship route to Europe via Arctic

China has opened the first container ship route connecting Europe through the Arctic sea passage. State-run media reported that the vessel left the eastern Chinese...

China takes steps against US-linked units of S.Korea shipbuilder Hanwha

China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean (042660.KS), opens new tab amid trade tension between the...

Intermodal Weekly Market Report [W41]

 The latest escalation in U.S.-China trade tensions marks a setback ronment. After a relatively calm summer, Beijing’s announcement of retaliatory port fees on U.S.-linked...

Iron ore slides on profit-taking as focus shifts to rising supply, weak steel

Iron ore futures retreated on Tuesday as investors booked profits after focus shifted back to expectations of growing ore supply in the rest of...

Baltic freight index falls after capesize vessel rates slump

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, declined on Tuesday, weighed down by a...

DHT says its fleet has no US links after China’s new port fee move

Oil tanker operator DHT Holdings said on Monday that its fleet does not fall under the scope of China's new special port fees targeting...

MPCC continues strategic fleet renewal with newbuild orders against long-term charters

MPC Container Ships has placed an order for two 1,600 TEU container vessels in combination with 8-year charters to one of the leading global...

Salzgitter AG and Oldendorff Carriers partner to decarbonize maritime iron ore transport

Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG and Oldendorff Carriers have entered into a long-term agreement to reduce carbon emissions in the maritime...

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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...