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Global maritime piracy and armed robbery increased in 2025

The ICC International Maritime Bureau (IMB) reported an increase in global maritime incidents and piracy and armed robbery in 2025, classifying most cases as...

Bahri and Hadeed sign letter of intent to explore collaboration in maritime transport solutions

The National Shipping Company of Saudi Arabia (Bahri) and the Saudi Iron & Steel Company (Hadeed) have signed a Letter of Intent to explore...

Maersk’s MECL service returns to trans-Suez route

Following the successful trans-Suez transits of the Maersk Sebarok and the Maersk Denver, A.P. Moller - Maersk (Maersk) has decided to implement the first...

HD Hyundai’s Avikus to supply autonomous navigation system to 40 HMM vessels

HD Hyundai said Friday that its autonomous shipping unit Avikus has secured an order to supply its HiNAS Control autonomous navigation system to 40...

ESL Shipping strengthens fleet with a second-hand vessel

To ensure operational reliability and sufficient capacity, ESL Shipping has acquired a geared ice-class 1A second-hand vessel. This strategic acquisition follows the sale of...

Iron ore retreats as hot metal output falls in China

Iron ore futures retreated on Thursday as hot metal output fell in top buyer China amid a slow resumption of production after the New...

Baltic Index falls for ninth straight session on capesize losses

The Baltic Exchange’s dry bulk freight index, which tracks rates for vessels transporting dry bulk commodities, fell for an ninth straight session on Thursday,...

Port of Piraeus: Cruises kick off 2026 with strong momentum

With the arrival of the first cruise ships, Piraeus Port Authority S.A. officially inaugurated the 2026 cruise season, marking the beginning of another dynamic...

Baltic Exchange launches new intermediate tanker indices in response to growing trade in northwest Europe

Baltic Exchange has launched a new suite of indices covering four key short-range tanker routes in northwest Europe in order to create the definitive...

Ammobia raises $7.5M to scale low-cost ammonia production technology critical to energy resilience

Ammobia, developer of breakthrough low-cost ammonia production technology, announced a $7.5 million seed round to scale its Haber-Bosch 2.0 modular plant designs that...

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Diana Shipping Inc. issues statement regarding Genco Shipping & Trading’s response to Diana’s acquisition proposal

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximately 14.8% of the...

Icon Energy Corp. announces reverse stock split

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today...

TORM plc occurrence of threshold date and change to the board

TORM plc’s issued an announcement dated 23 December 2025 regarding completion of Hafnia Limited’s acquisition of shares in TORM plc from Oaktree Capital Management,...

Carnival Corporation & plc achieves record full year adjusted net income and investment grade leverage metrics, reinstates dividend

Carnival Corporation & plc announced financial results for the fourth quarter and full year 2025 and provided an outlook for the first quarter and...

IMPERIAL PETROLEUM reports third quarter and nine months 2025 financial and operating results

IMPERIAL PETROLEUM INC., a ship-owning company providing petroleum products, crude oil and dry bulk seaborne transportation services, announced today its unaudited financial and...

HD Hyundai’s Avikus secures industry-record contract to supply autonomous navigation to 40 HMM Vessels

Avikus, HD Hyundai’s specialized autonomous navigation subsidiary, has signed a landmark agreement with HMM,...

Fleetzero raises $43 Million Series A from Obvious Ventures, Maersk Growth, Breakthrough Energy Ventures,...

Fleetzero, a marine technology company building hybrid and electric propulsion systems for ships, announced...

Greece warns shipping fleet of risks after black sea drone attacks

Greece has warned its shipping fleet to upgrade security measures to the highest possible...

Global maritime piracy and armed robbery increased in 2025

The ICC International Maritime Bureau (IMB) reported an increase in global maritime incidents and...

HD Hyundai’s Avikus to supply autonomous navigation system to 40 HMM vessels

HD Hyundai said Friday that its autonomous shipping unit Avikus has secured an order...

Cosco expects a return to normalcy in Suez

In an environment of intense geopolitical developments and changing cargo flows, the port of Piraeus remains at the heart of global trade. The gradual normalization...

Panama Ports see 3.6% rise in TEU container traffic in 2025

Panama’s port traffic rose 3.6% in 2025 to 9.9 million TEU containers compared to the previous year, the country’s Maritime Authority said on Friday. The...

Port of Piraeus: Cruises kick off 2026 with strong momentum

With the arrival of the first cruise ships, Piraeus Port Authority S.A. officially inaugurated the 2026 cruise season, marking the beginning of another dynamic...

Nova Marine Carries lands a new port in Amsterdam with Bolten and Ership

Nova Marine Carriers, together with German shipping company Aug. Bolten and Spanish group Ership, has completed the acquisition of 100% of VCK Port Logistics...

Hanseatic Global Terminals and GEN reach an agreement in ownership of FIT

Hanseatic Global Terminals and Grupo Empresas Navieras (GEN), via its affiliate Agunsa Universales S.A., have reached an agreement regarding the capital structure of Florida...