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Overseas Shipholding Group Purchases Vessel from BP

Overseas Shipholding Group, Inc. (“OSG”) announced an agreement with BP Oil Shipping Company, USA, to purchase the tank vessel Alaskan Frontier, a sister vessel...

Maersk signs deal with Starlink for its Ocean fleet

A.P. Moller – Maersk, the global leader of integrated container logistics, is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed...

China restricts refined oil product exports despite oil inventory increase of 0.7 mbpd

During the first three quarters of 2023, China has continued expanding its crude inventories by an estimated 0.7 million barrels per day (mbpd). These...

Baltic index extends declines as rates for larger vessels fall

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the third straight day on Thursday, pressured...

Maritime Cyprus 2023 – A Greek Take on a Global Problem

It is always an auspicious sign when some of the largest names in Greek shipping get together to discuss not only shipping policy but...

Celestyal Temporarily Suspends Calls To Israel

Following the recent events in Israel, Celestyal is closely monitoring the situation and maintains constant communication with the Israeli authorities.  Our top priority is...

ZIM issues customer advisory regarding war situation in Israel

ZIM continues to operate and accept bookings to and from Israel; implementing new war risk premium charge, at cost, on relevant cargo. A company announcement...

IMB calls for regional efforts to safeguard shipping and trade as maritime incidents rise  

The ICC International Maritime Bureau (IMB) has revealed a rise in reported incidents in the Gulf of Guinea and concerns for the Singapore Straits...

Israel’s ports feel strain as shipping traffic slows after attacks

Activity at Israel’s ports is slowing after Saturday’s attacks by Islamist group Hamas on towns close to Gaza, with the cost of insurance premiums...

US soy harvest 43% complete, corn 34%; soy ratings dip – USDA

The U.S. soybean harvest was 43% complete by Sunday and the corn harvest 34% finished, data from the U.S. Department of Agriculture (USDA) showed...

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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...