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CLIA: Statement regarding the meeting with the Prime Minister of Greece

The Cruise Lines International Association (CLIA) issued statement regarding the meeting with the Prime Minister of Greece, held on 22 October 2024. The announcement reads: “The...

DDW Offshore secures two contracts with an international oil company

DDW Offshore has been awarded two one-year contracts, each with a further 24-month priced option structure, with an international oil company for the anchor...

Samsung Heavy Industries Q3 net income up 100.6% to $51.7 mil

Samsung Heavy Industries, the world's third-largest shipbuilder by orders, said Thursday its third-quarter net profit more than doubled from a year earlier on high-end...

Dorian LPG declares irregular cash dividend of $1.00 per share

Dorian LPG updated its financial and operational outlook for the quarter ended September 30, 2024, announced that its Board of Directors has declared an...

Performance Shipping secures sale and leaseback agreement for 2nd newbuild LR2 Aframax tanker

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

Dalian iron ore dips as mixed supply data, softer global steel outlook weigh

Dalian iron ore futures prices declined on Thursday, as investors weighed mixed production data while a softer global steel market outlook added pressure on...

Baltic index falls as all vessel segments decline

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Thursday, dragged down by losses...

Globus Maritime announces agreements to purchase two vessels

Globus Maritime announced that it has signed, through two separate wholly owned subsidiaries, memoranda of agreement to acquire two Kamsarmax scrubber outfitted dry bulk...

GIC to acquire BlackRock’s Shareholding in GasLog

GasLog, a leading global provider of LNG shipping services, announced that GIC, a global institutional investor, and a fund managed by Global Infrastructure Partners,...

Hapag-Lloyd raises outlook on stronger-than-expected demand

International shipping company Hapag-Lloyd HLAG.DE raised its full-year earnings guidance on Thursday citing stronger-than-expected demand and higher freight rates. Despite increased expenses from the diversion...

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TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

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...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United Maritime...

Hormuz shipping traffic in single digits, data shows

Vessel transits at the Strait of Hormuz fell ​slightly on Wednesday to seven, compared...

MISC launches Yayasan Maritim to shape a sustainable maritime future for Malaysia

MISC Group has launched Yayasan Maritim, Malaysia’s first dedicated maritime-focused foundation, to advance the...

Iran attacks US base in Jordan, ships near Hormuz after tankers sunk

Iran's Revolutionary Guard said it ​fired ballistic missiles at a base in Jordan used...

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...

ATI and DP World commission six new hybrid cranes at manila South Harbour

Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening...

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...