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Gunvor secures US $1.335 billion sustainability-linked syndicated RCF with oversubscription

Gunvor Singapore, a wholly-owned subsidiary of Gunvor Group, has closed a US$1.285 billion sustainability-linked, syndicated revolving credit facility on 13 June 2025. The Facility, which...

HD Hyundai, India’s Cochin Shipyard to pursue joint shipbuilding orders

HD Hyundai Co., the world’s largest shipbuilding group based in South Korea, has signed a memorandum of understanding with India’s largest state-run shipbuilder, Cochin...

Intermodal Weekly Market Report [W27]

The Baltic Dry Index is on a downward trend, suffering losses of 28% since mid-June, reading 1,431 at the time of writing.

Iron ore rebounds despite Trump’s tariff threat triggering caution

Iron ore futures prices rebounded on Tuesday, supported by resilient near-term demand in top consumer China, although caution triggered by U.S. President Donald Trump’s...

Baltic dry index falls to one-month low as capesize rates weaken

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a one-month low on Tuesday,...

Heidmar Maritime Holdings acquires its first vessel and establishes foothold in container shipping

Heidmar Maritime Holdings announced its first vessel acquisition, making it a strategic milestone in the Company’s project development and growth strategy. Heidmar has entered into...

Samsung Heavy wins $637M offshore facility deal in Africa

Samsung Heavy Industries, a major Korean shipbuilder, said on Monday that it has secured a deal worth 869.4 billion won ($637 million) to build...

Brazil’s Petrobras seeks Chinese partners for shipyards

Chinese firms Cosco, Offshore Oil Engineering, China State Shipbuilding and China International Marine Containers have signed a memorandum of understanding with Brazilian shipbuilders EBR,...

India’s ONGC signs deal with Japan’s MOL on building and operating VLECs

India’s state-owned Oil and Natural Gas Corporation has signed an agreement with Japan’s Mitsui O.S.K. Lines to build and operate two very large ethane...

Two crew wounded, two missing in attack on ship off Yemen; Houthis claim assault on Greek bulk carrier

Two crew members of a Greek-managed vessel were wounded and two were missing in a drone attack off Yemen on Monday, hours after Iran-aligned...

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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...

Eastern Pacific Shipping and SUARDIAZ Group strengthen longstanding partnership with delivery of MV RS...

Eastern Pacific Shipping announced the delivery of MV RS Atlantico, marking a significant milestone...

Seanergy participates in Marine Money Week Asia

Seanergy Maritime Holdings President and CEO Stamatis Tsantanis took part in the 25th Marine...

EU’s Kallas says two countries may send ships to counter Houthis

Two countries signaled interest in sending ships to counter Houthi strikes in the Red...

Qatar-linked LNG traffic through Hormuz strait picks up despite conflict

More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait...

Panama Canal announces increase in draft and daily transit

The Panama Canal announced, through an Advisory to Shipping, that it will increase to...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

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...