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LS Marine Solution teams with Turkey on mega HVDC cable ship

Leading South Korean submarine cable manufacturer LS Marine Solution announced Monday that it has signed a construction agreement with Turkey’s Tersan Shipyard to build...

Shelf Drilling announces five-year contract extension for High Island V

Shelf Drilling announced that it has secured a five-year extension for the High Island V jack-up rig. The extension is in direct continuation of...

Amon Maritime secures funding to build large ammonia-fuelled bulkers

Amon Maritime has secured NOK 253 million ($25.1 million) in funding from Norwegian state agency Enova to support the construction of two ammonia-powered bulk...

Mitsui O.S.K Lines: MOL completes the acquisition of LBC Tank Terminals

Mitsui O.S.K. Lines announced that on June 30, it completed the acquisition of all membership rights in LBC Tank Terminals Group Holding Netherlands Coöperatief...

The Greek trend of shipping spin-offs on Wall Street

It is not just a trend, it is a strategy. Greek shipowners are following the spinoff policy for their listed shipping companies on the...

Dalian iron ore logs first monthly gain in four on firm near-term demand

Dalian iron ore futures edged higher on Monday, logging their first monthly rise in four months amid firm near-term demand in top consumer China,...

Baltic Index falls to near 3-week low on weaker capesize rates

The Baltic Exchange’s main sea freight index slipped to an almost three-week low on Monday, pressured by softer capesize rates, though it still posted...

No injuries or pollution after explosion at oil tanker off Libya, says operator

An oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but no injuries or pollution...

Seacon orders electric training boxship at Fujian Mawei

Seacon Shipping has reached an agreement with Fujian Mawei Shipbuilding to develop electric container vessels.     According to media reports, Seacon has placed an order for...

Imabari Shipbuilding to acquire JMU, surpassing Hanwha Ocean ranked fourth in the global market

Imabari Shipbuilding, Japan’s largest shipbuilding company, is set to acquire additional shares in Japan Marine United (JMU), aiming to make it a subsidiary and...

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Safe Bulkers announces strong results, increased dividend

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and six-month periods ended June...

CMA CGM: Strong results driven by the Group’s agility in a volatile environment

CMA CGM reported its financial results for the second quarter of 2026, highlighting strong results driven by the Group’s agility in a volatile environment...

TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...