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Greece: Four offers tabled for the port of Volos

Four bids were submitted to the tender for the acquisition of a majority stake of at least 67% in the share capital of the...

Navios Partners Reports Financial Results for the Second Quarter & Six Months Ended June 30, 2023

Navios Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and six month...

S. Korea’s Shipbuilding Order Backlog Hits 12-year High in H1

Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During this span, Korea’s exports rose 11.9 percent...

Iron ore extends rally on China demand optimism

Iron ore futures extended gains on Wednesday, with prices in China surging more than 5%, as optimism grew about demand prospects in the world’s...

Lower capesize, panamax rates weigh on Baltic index

The Baltic Exchange’s main sea freight index fell for a fourth straight session on Wednesday, pressured by losses in the larger capesize and panamax...

Greeks playing leading role in dry bulk market

The chief executives of the US-listed shipping companies referred to the course of the markets on the occasion of the second quarter and first...

Maersk Tankers to Manage Astomos VLGCs

Astomos Energy, the biggest LPG distributor and trader in Japan, has chosen Maersk Tankers as voyage manager for, initially, five very large gas carriers...

Historic Drought, Hot Seas Slow Panama Canal Shipping

Before the Ever Max ship carrying lava lamps, sofas, Halloween costumes and artificial Christmas trees could make its inaugural Panama Canal voyage this month,...

European Gas Surges on Australia LNG Talks, Norway Outages

European natural gas extended gains as heavy maintenance in Norway adds to volatility in a market already spooked by the threat of strikes in...

S. Korea’s ship export grows 11.9 pct in H1

South Korea’s ship export grew in double digits in the first half of this year (H1) due to rising demand for high-priced and eco-friendly...

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Ocean Yield AS announces half yearly financial reports and audit reports

Ocean Yield AS announces results for the first quarter 2026. HIGHLIGHTS EBITDA for Q1 2026 was USD 47.3 million and Adjusted EBITDA was USD 82.3 million. Net...

CMB.TECH Announces Q1 2026 Results: Firing On All Cylinders

CMB.TECH reported its unaudited financial results for the first quarter ended 31 March 2026.

Genco Sends Letter to Shareholders from Chairman and CEO John Wobensmith

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, sent a letter to Genco shareholders...

Diana Shipping Cautions of Significant Downside Risk in Genco’s Share Price

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...

Okeanis posts strong profit in 1Q2026

Okeanis Eco Tankers Corp. reported its unaudited condensed financial results for the first quarter of 2026. Financial performance of the First Quarter Ended March 31,...

Tankers exit Hormuz as Trump, Vance talk up Iran deal prospects

Two Chinese tankers laden with oil exited the Strait of Hormuz on Wednesday, shipping...

MSC Cruises: Focus on cruise development in Rhodes and the Dodecanese

MSC Cruises and Explora Journeys hosted an event aboard the luxury cruise vessel EXPLORA...

New ship recycling joint venture established in Bahrain

Bahrain's Arab Shipbuilding and Repair Yard (ASRY) and Indian ship recycling company the Priya...

Norway joins EU’s Baltic Sea Region cooperation amid greater security focus

Norway said on Monday it has joined the European Union's Strategy ​for the Baltic...

IMO Maritime Safety Committee convenes in London to discuss safety and security of international...

IMO Secretary-General Arsenio Dominguez opened the 111th session of the Maritime Safety Committee of...

PPA hosts Georgian delegation to explore cooperation in ports and logistics infrastructure

Piraeus Port Authority (PPA) welcomed a delegation from Georgia, headed by Tamar Ioseliani, who represented Georgia’s Minister of Economy and Sustainable Development, Mariam Kvrivishvili. Ioseliani...

MBS Logistics to be acquired by AD Ports Group

MBS Logistics Group has entered into a binding agreement to be fully acquired by AD Ports Group on 18 May 2026. The transaction covers...

Port of Thessaloniki: Investment in Pier 6 remains on track

According to the management of Thessaloniki Port Authority (ThPA), the expansion project of Pier 6 is progressing as planned and is expected to be...

Israeli port and shipbuilding industry high-level delegation visits Piraeus Port Authority

A high-level meeting focusing on Eastern Mediterranean geopolitical developments and the emerging India–Middle East–Europe Economic Corridor (IMEC) was held at the Port of Piraeus...

APM Terminals Japan signs agreement to decarbonise operations in Yokohama

APM Terminals Japan, a Maersk Group company, has signed a long term offsite corporate Power Purchase Agreement with FPS Inc., sourcing renewable electricity to...