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Gulf shipping costs drop as Israel-Iran ceasefire holds

Shipping costs for the Gulf have fallen in the past two days after a ceasefire was reached between Israel and Iran, although rates could...

ABS expands network of cutting-edge learning hubs with new hellenic ship safety center

ABS opened the doors on its latest training center, the Hellenic Ship Safety Center in Athens, harnessing the power of new immersive training techniques,...

Sovcomflot to operate first Russian-built ice-class LNG carrier

The first Russian-built ice-class tanker for liquefied natural gas (LNG) is expected to operate in 2H2025 at the Arctic LNG 2 plant. The tanker, named...

Hengli Heavy Industries debuts first VLCC “ALIAKMON Ⅰ”, marking breakthrough in ultra-large shipbuilding

On June 24, Hengli Heavy Industries held a naming ceremony for its first 306,000 dwt very large crude carrier (VLCC). The new vessel was...

Diana Shipping announces time charter contract for m/v DSI Polaris with Cargill Ocean Transportation

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned subsidiary,...

Celestyal launches 2027 programme

Celestyal has unveiled its programme of 2027 and early 2028 sailings - its earliest-ever season launch. The year-round programme, which is on sale now, offers...

Iron ore rise on dollar weakness, China stimulus hopes

Iron ore rose on Thursday, reversing early losses, as a weaker U.S. dollar and promises from Chinese officials to boost domestic consumption lifted investor...

Baltic sea freight index slips as capesize rates lose steam

The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell on Thursday, as a decline in capesize...

Piraeus Bank co-finances Union Maritime’s first wind-assisted LR2

Piraeus, a Greek bank, is financing Union Maritime’s first LR2 tanker to harness wind energy. Union Maritime recently took delivery of “Brands Hatch“, the...

PPA S.A.: Welcoming ceremony of ‘Yuan Hai Kou’

The Piraeus Port Authority organized a welcoming ceremony for the inaugural voyage of the Yuan Hai Kou, one of the largest and most technologically advanced...

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Scorpio Tankers announces updates on third quarter 2026 TCE rates and time charter-out agreements

Scorpio Tankers Inc. announced today an update on its third quarter of 2026 average daily Time Charter Equivalent rates and that it has entered...

Block sale of existing shares in Klaveness Combination Carriers ASA completed

Reference is made to the stock exchange notice published on 2 September 2026 regarding a potential block sale of existing shares in Klaveness Combination...

Heidmar Maritime Holdings reports results for the second quarter ended June 30, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter and six month period ended June 30, 2026. Second Quarter 2026 Highlights • Total revenues of...

Capital Tankers announces second quarter 2026 financial results

Capital Tankers Corp. announced its financial results for the second quarter ended June 30, 2026.  

Stena announces Q2 interim report

The Stena AB Group published its interim report for the second quarter of 2026.

Iran blacklists more ships trying to sail through Hormuz, govt website shows

Iran has added more ships it deems as non-compliant and subject to fines, confiscation...

Celestyal announces 2028 summer Mediterranean programme

Celestyal has unveiled its 2028 Mediterranean programme, with 124 sailings on sale from September...

Saudi Arabia says Iran attacked vessel in Hormuz, killing two sailors

Saudi Arabia, the world's biggest crude exporter, said on Wednesday that an Iranian attack...

Celestyal launches ‘Uncrowded, Unforgettable, Authentically Med’ winter campaign with fares from €469pp

Celestyal has launched a new winter campaign, ‘Uncrowded, Unforgettable, Authentically Med’ - live from...

Celestyal unveils new winter sailings onboard Celestyal Journey

Celestyal has unveiled seven new winter 2027/28 sailing options onboard the 1,260-guest Celestyal Journey,...

ZIM: Updated freight rates from Mediterranean & Black Sea ports

Updated Freight Rates from all Mediterranean ports & Black Sea ports to all USEC & Gulf, Puerto Rico, Canada, Mexico, Caribbean & South America...

Chandra Asri Group opens access to CPN public terminal

PT Chandra Pelabuhan Nusantara (CPN), a subsidiary of PT Chandra Asri Pacific Tbk (Chandra Asri Group), has officially obtained the Business License for the...

Direct traffic between the Port of Gothenburg and Asia increases

Cargo volumes at the Port of Gothenburg developed strongly during the first half of 2026. Container volumes remained at record levels, while rail, RoRo,...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...