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Jesper Kristensen takes the helm as group CEO of Synergy Marine

Synergy Marine Group announced the appointment of Mr. Jesper Kristensen as its new Group CEO, effective March 24, 2025. With a dynamic vision to...

Toro announces record date for the proposed spin-off of its Handysize tanker business

Toro an international energy transportation services company, announced that, in relation to the previously announced spin-off of its wholly owned subsidiary, Robin Energy, the...

Performance Shipping announces sale of 2011-Built Aframax Vessel M/T P. Yanbu for US$39 Million

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has signed a...

Seanergy announces sale and leaseback deals

Seanergy Maritime has entered into sale and leaseback agreements with China Huarong Shipping Financial Leasing. Specifically, the company’s annual report reads: On March 20, 2025, the...

Iron ore jumps as strong China demand outweighs output cut concerns

Iron ore futures strengthened on Monday as brighter demand for the key steelmaking ingredient in top consumer China outweighed worries of steel production cuts. The...

Celestyal Discovery returns to service after major refit

Celestyal Discovery has returned to service following a major refit in Athens over the winter period. ● 47 staterooms added with two new cabin categories ●...

Thessaloniki port: Investment plans proceed; boosting the cruise industry

The expansion of Pier 6 at the port of Thessaloniki, an investment of hundreds of millions of euros, is expected to proceed immediately, within...

Focus on port infrastructure as cruise ship owners meet EU Transport Commissioner

The Association of Cruise Ship Owners and Maritime Agencies informed the European Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, about the activity and...

Billion-Dollar US levies on Chinese ships risk ‘Trade Apocalypse’

For a symbol of the chaos engulfing world trade since the Trump administration walked into the White House, look no further than a pile...

Carnival Corporation posts record Q1 $5.8b revenues in 2025

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

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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.

Shipping: “The rules of the game are collapsing” – Unprecedented warning from Greece and...

For decades, global trade rested on an almost self-evident assumption: commercial vessels could move...

Hormuz traffic slows after Iran threatens retaliation for US attacks

Shipping traffic through the Strait of Hormuz slowed at ​the start of this week,...

Kongsberg Maritime enters agreement to acquire Steerprop

Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion...

Panama Canal postpones Neopanamax draft adjustment

The Panama Canal will maintain the current maximum authorized draft for vessels transiting the...

PCT S.A.: New customs licence for cargo arriving by rail

A step towards enhancing the operational efficiency of the Piraeus Container Terminal is the granting of an Authorised Consignee licence to PCT S.A. by...

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...