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Sale of APM Terminals Castellón to Noatum Terminals Completed

After careful evaluation, APM Terminals has decided to divest its terminal facility in Castellón, Spain (APM Terminals Castellón) upon reaching an agreement with Noatum...

Baltic index edges down as demand for smaller vessels slips

The Baltic Exchange’s dry bulk sea freight index eased on Wednesday, as falling rates for panamax and supramax vessels overshadowed gains in the capesize...

Iron ore climbs to multi-month high

Iron ore futures climbed to multi-month highs on Tuesday, with sentiment boosted by upbeat economic data in top consumer China and mounting expectations of...

Maersk Broker to rebrand as MB Shipbrokers in management buyout

The management of Maersk Broker, one of the oldest continuously operating brokers in the shipping industry, has agreed to a management-led buyout of the...

Marinakis sells stake in Capital Product Partners to Yoda

Cyprus-based Yoda has purchased a stake from Evangelos Marinakis-led Capital Maritime & Trading in New York-listed LNG carrier owner Capital Product Partners. Yoda, which invests...

China to retain lead in global shipbuilding

China will retain its lead in the global shipbuilding market this year, and this trend is expected to persist into 2024, market watchers and...

Maersk halts Red Sea shipping until further notice after Houthi militant attack

Maersk will pause all shipping through the Red Sea and Gulf of Aden until further notice after one of its vessels came under attack...

Baltic index steady as lower rates for smaller vessels counter capesize gains

The Baltic Exchange’s dry bulk sea freight index was mostly unchanged on Tuesday after a climb in capesize rates was countered by declines for...

Greece discussing green shipping with Brussels

Shipping Minister Christos Stylianides in recent statements to the press revealed that Greece is already in deliberations with the European Commission on the issue...

Euronav to acquire CMB.TECH as part of its new strategy

Euronav has agreed to acquire Compagnie Maritime Belge (CMB).

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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...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

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...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Greek ferry sector ‘battered’ by soaring fuel costs

The Greek ferry sector is being squeezed by soaring fuel costs, with the price...

Strait of Hormuz ship crossings remain in single digits, data shows

Vessel transits through the Strait of Hormuz ​remained in the single digits at four...

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...

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...

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...