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Wärtsilä to supply Cargo Handling System for LNG Bunker Vessel

The technology group Wärtsilä will supply a new 103 metre (340 feet) long LNG Bunker Barge with a complete LNG cargo storage and handling...

Baltic index gains for fifth day as rates for smaller vessels rise

The Baltic Exchange’s dry bulk sea freight index on Wednesday rose for a fifth straight session to its highest in a month, as gains...

LNGC added to Capital Product Partners’ fleet

Capital Product Partners, the NASDAQ-listed shipping company controlled by the Vangelis Marinakis family, has successful accepted delivery of a newly built LNG carrier. Christened...

Diana Shipping Announces Completion of OceanPal Spin-Off

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has completed the spin-off of its wholly-owned...

Okeanis Reports Q3, 9M Unaudited Interim Condensed Results

Okeanis Eco Tankers reported unaudited interim condensed results for the three and nine months ended September 30, 2021. Q3 2021 HIGHLIGHTS • Time charter equivalent (“TCE”,...

Daewoo Shipbuilding wins W1.5t orders for 6 LNG carriers

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Wednesday it has bagged orders worth a combined 1.5 trillion won ($1.3 billion) to build six...

Pop-Up Container Yards Offer Pressure Valve for Port Congestion

Walmart has developed an empty space near the ports of Los Angeles and Long Beach into a pop-up container yard. The aim is to store...

Oil could hit $150 a barrel with OPEC+ ‘in the driver’s seat’: J.P. Morgan

Oil futures can shake off a breathtaking Black Friday plunge and then some, testing $125 a barrel next year and overshooting to $150 in...

Long delays at Indian LPG terminals tie up VLGCs, freight hits 10-month high

India’s large imports of LPG to meet festive-season demand in November have sparked heavy congestion at its ports, forcing some vessels to wait more...

Vale cuts top of forecast 2021 iron ore production range

Brazilian miner Vale SA lowered the ceiling for its 2021 iron ore production outlook to 320 million tonnes from a previous estimate of 335...

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Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...

Cruise industry contributes €3.1 billion to Greek Economy

· The industry generated a total economic output of €3.1 billion, contributed €1.5 billion to the Greek GDP and supported 33,000 jobs in the...

Robin Energy raised $13.9m at an average share price of $4.31

Robin Energy Ltd., an international ship-owning company providing energy transportation services globally, announces that it has successfully raised $13.9 million in gross proceeds pursuant...

COSCO SHIPPING Ports announces 2025 annual results

COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, announced the annual results of the Company and its subsidiaries ended 31 December...

Clarksons acquires leading US commodities business, the Link Group

Clarkson PLC, the world's leading provider of integrated shipping services, acquired the Link Crude Resources, LLC, Link Data Services, LLC and Link Futures, LLC...

Another Greek oil tanker exits Hormuz despite Iran’s blockade

Another Greek-controlled oil tanker has crossed the Strait of Hormuz, marking the fourth such...

Celestyal cancels all April sailings

Celestyal has confirmed the cancellation of all April 2026 departures as its ships wait...

Chinese container ships pass through Strait of Hormuz at second attempt, data shows

Two Chinese container ships sailed through the Strait of Hormuz on Monday on their...

MOL and Hitachi launch initiative to convert used ships into floating data centers

Mitsui O.S.K. Lines, Ltd., Hitachi, Ltd., and Hitachi Systems, Ltd. announced the signing of...

Two India bound LPG Tankers clear strait of Hormuz

Two India-bound liquefied petroleum gas tankers carrying about 94,000 metric tons of the cooking...

Piraeus Port delivers strong 2025 financial performance

Piraeus Port Authority S.A. announced its financial results for fiscal year 2025, reporting record-high revenue and EBITDA, as well as strong performance across its...

Delegation from the Japanese Embassy visits the Piraeus Port Authority

Piraeus Port Authority S.A. welcomed a delegation from the Embassy of Japan in Greece to its headquarters, led by Shu Tamaura, Director of the...

1st Blue Heritage Summit Thessaloniki: The digital transformation of Greek ports

The development of smart applications is a one-way path for Greek ports, offering significant benefits in terms of resilience during times of crisis, while...

Rail growth in northern Sweden drives record volumes at the Port of Gothenburg

Rail freight traffic between northern Sweden and the Port of Gothenburg continues to grow. Two rail terminals in the far north of Sweden, in...

APM Terminals becomes minority shareholder and operating partner in Hai Phong

After three years of close partnership developing the Hateco Hai Phong International Container Terminal (HHIT) from greenfield to go-live, APM Terminals is now joining...