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Baltic Index hits near 2-month high on capesize gains

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, held steady near a two-month high, as...

Containerships under strong pressure

The containership market is going through a phase of intense pressure, with net profits falling by 56% in the second quarter of 2025 and...

Port of Long Beach has second-busiest August on record

Peak shipping season boosted the Port of Long Beach to its second-busiest August on record and the sixth-busiest month in its 114-year history as...

World Shipping Council launches industry-first Cargo Safety Program to prevent ship fires

The World Shipping Council (WSC) announced the launch of its Cargo Safety Program, an industry-led initiative to detect misdeclared and undeclared dangerous goods in...

EuroDry Ltd. announces agreement to sell M/V Eirini P, a 2004-built Panamax Bulk Carrier

EuroDry Ltd., an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has signed an agreement...

Petrobras chooses Vallourec to support $1bn offshore OCTG

Vallourec, a world leader in premium seamless tubular solutions, has been awarded a major contract by Petrobras as a result of a competitive bidding...

Panama Canal announces implementation of the NetZero slot to advance maritime decarbonization

The Panama Canal announced the launch of the NetZero Slot, a new category within its transit reservation system designed to encourage the decarbonization of...

Iron ore ends lower on China property sector woes

Prices of iron ore futures ended lower on Monday, pressured by persistent weakness in top consumer China’s property sector, even as steel benchmarks and...

Baltic Index extends gains on higher rates for capesize vessels

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, extended its gains from the previous session...

Top Ships enters into four sale and leaseback financing agreements with a major Chinese financier

Top Ships Inc. will look for acquisitions. The company entered into four sale and leaseback financing agreements with a major Chinese financialier for the...

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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...

Hunter Group ASA appoints Erik M Mathiesen as permanent CEO

Hunter Group ASA announced that the Board of Directors has appointed Erik M Mathiesen...

Russia says it struck vessels in Ukraine

The Russian defense ministry said on Sunday its forces had carried out overnight drone...

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...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

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...