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Baltic index falls on lower capesize demand

The Baltic Exchange’s main sea freight index fell for the second straight day on Wednesday, dragged down by a fall in capesize vessel rates. The...

Star Bulk Announces Its 2022 ESG Report

Star Bulk announced the publication of its 2022 Environmental, Social and Governance (ESG) Report, developed in accordance with the new Global Reporting Initiative Standards...

Diana Shipping Announces Sale of Capesize Bulker m/v Boston

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that it has signed, through a...

OOCL reports Q3 revenue drop

Orient Overseas International Limited (OOIL) released its unaudited operational update for OOCL for the third quarter ended on 30 September 2023. For the third quarter...

What the Shock Attack on Israel Could Mean for Oil

The shock attack by Hamas and Israel’s response risk a wider destabilization of the region — and the global oil market is watching. There are...

Frontline buying 24 VLCCs from Euronav for $2.35 billion

Frontline announced that as an integrated solution to the strategic and structural deadlock in Euronav, Frontline has entered into agreements with Euronav to acquire...

Iron ore futures slump as China concerns weigh on sentiment

Iron ore futures fell on Monday, with the Dalian benchmark hitting its lowest in nearly six weeks after the Golden Week holiday, as negative...

Baltic index hits 1-year high on capesize gains

The Baltic Exchange’s main sea freight index rose to its highest in a year on Monday, helped by higher rates for capesize vessels. The overall...

Athenian Sea Carriers takes option for 4 tanker newbuildings

Athenian Sea Carriers have declared options for four 20,500 dwt units at CSSC yard Wuchang Shipbuilding Group, according to a latest Clarksons Research report. Delivery...

Safe Bulkers: Acquisition of two kamsarmax vessels

Safe Bulkers has entered into contracts for the acquisition of two dual-fueled, 81,200 dwt, Kamsarmax class dry-bulk vessels, with scheduled delivery dates in the...

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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...