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Panama Canal to increase daily transits to 24 starting in January

Through Advisory to Shipping No. A-54-2023, the Panama Canal announced today that it will increase the number of daily transits to 24 starting in...

Shipping firms to avoid Suez Canal as Red Sea attacks increase

Two major freight firms including MSC Mediterranean Shipping Co, the world’s biggest container shipping line, on Saturday said they would avoid the Suez Canal...

EU wheat ends flat in lack of fresh news after weekly fall of 3%

European wheat ended the week unchanged in a lack of new fundamental elements and taking a breather after a sharp fall on worries of...

MOL to Become World’s 1st Shipping Company to Issue Blue Bonds

Mitsui O.S.K. Lines, Ltd. (MOL) announced that it has decided to issue "blue bonds" through a public offering in Japan's domestic market in January...

TOP Ships Announces Share Repurchase Program

TOP Ships announced a share repurchase program. The Company’s Board of Directors authorized a share repurchase program under which the Company may repurchase up to...

Scorpio Tankers buying back 13 ships

Scorpio Tankers announced updates on fourth quarter of 2023 Daily TCE Revenues and recent debt and lease activity. Fourth Quarter of 2023 Daily Time Charter...

APM Terminals Elizabeth enhances operations with new super-post-Panamax cranes

APM Terminals Elizabeth announces the commissioning of two new ZPMC super-post Panamax ship-to-shore (STS) cranes. The cranes have a 23-container outreach designed to accommodate...

Bulk Carrier Reportedly Boarded in Indian Ocean

A Malta-flagged, Bulgarian-owned bulk carrier was reportedly boarded on Thursday after being involved in an incident in the Arabian Sea off Yemen’s Socotra Island,...

Maersk denies Houthi claim container ship hit by Yemeni militia

Danish shipping company Maersk on Friday denied a claim by Yemen's Iran-aligned Houthi movement that the militia carried out a drone strike on a...

Dalian iron ore slides on more weak data, sluggish restocking

Chinese iron ore futures extended declines on Thursday, as the market digested a lack of new stimulus measures and data showing weaker-than-expected bank lending...

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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...