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Hapag-Lloyd to acquire container liner business of Africa specialist Deutsche Afrika-Linien (DAL)

Hapag-Lloyd and German carrier Deutsche Afrika-Linien (DAL) today signed a framework agreement under which Hapag-Lloyd will acquire the container liner business of DAL. With...

U.S. Push to Export LNG to Europe Slowed by Climate Concerns – Sources

White House efforts to boost U.S. liquefied natural gas exports and cut Europe’s reliance on Russian gas after the invasion of Ukraine are proceeding...

Seanergy Reports Record Fourth Quarter 2021 Financial Results

Seanergy announced its financial results for the fourth quarter and twelve months ended December 31, 2021. The Company also announced $5 million additional repurchases...

Port Hedland Iron Ore Exports Up 5% in February

Pilbara Ports Authority has delivered a total monthly throughput of 52.4 million tonnes (Mt) for February 2022. This throughput was a one per cent increase...

Shipping Traffic Near Russian Ports Drops

Shipping traffic near Russian ports has fallen by a third since the country’s invasion of Ukraine, a sign of how sanctions and global companies’...

Oil prices could hit $240/bbl in worst case scenario – Rystad Energy

Oil prices could hit $240 per barrel this summer in the worst-case scenario, if Western countries roll out sanctions on Russia’s oil exports, Rystad...

Baltic index nears 3-month peak on higher demand across vessels

The Baltic Exchange’s dry bulk sea freight index jumped to its highest in nearly three months on Thursday, as rates rose across vessel segments....

Imperial Petroleum adds product tanker pair

Imperial Petroleum, a StealthGas spin-off, has announced the acquisition of two product tankers from Brave Maritime. The two MR product tankers were sold for...

TEN: Charter extension for two panamax tankers

TEN announced the 24-month extension to the charter of two panamax tankers with the existing charterer, a leading South American oil concern. The employment,...

Diana: Time Charter Contract for m/v Florida

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered...

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Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

TORM upgrades full-year guidance

TORM plc announced that, based on the Company's current coverage and expectations for continued market strength during the remainder of the fourth quarter of...

OOIL announces operational update for the 3rd quarter 2026

​​​​​​Orient Overseas (International) Limited announces operational update for the 3rd quarter 2026.

Capital Maritime Finance launches its IPO on Tuesday; aims to raise €300 million

The public offering for the listing of Capital Maritime Finance Corp on Euronext Athens opens on Tuesday and will run until Thursday, 15 October. The...

Hormuz shipping disruption is starting to hit harvests, UN agency says

The impact of the disruption to shipping through the Strait of Hormuz is already...

Maritime piracy incidents remain at historic lows despite Somali piracy concerns

The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy...

Bulk Carrier sinks weeks after deadly strait of Hormuz strike

A container ship and a dry bulk carrier have both sunk near the Strait...

ABS and U.S. Department of Energy sign MOU on maritime applications of advanced nuclear...

ABS and the U.S. Department of Energy’s (DOE) Office of Nuclear Energy have signed...

Saudi Arabia strikes Houthi targets as Red Sea war escalates

Yemen’s Iran-allied Houthis said Saudi Arabia was attacking the Yemeni capital Sanaa on Tuesday...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...

A.P. Moller Capital agrees to acquire Portek International from Mitsui & Co.

A.P. Moller Capital has signed an agreement, through its A.P. Moller Capital – Emerging Markets Infrastructure Fund II, to acquire 100% of Portek International...

Georgia Ports achieves permit for 3.5 million TEU container terminal

Georgia Ports Authority hosted their annual State of the Port of Savannah event with President Kevin Price announcing the U.S. Army Corps of Engineers...

ENGIE and CMA CGM join forces to invest in biomethane production in Le Havre

ENGIE Group, a major player in the energy transition, and the CMA CGM Group, a global player in sea, land, air and logistics solutions,...

Port of Los Angeles sets all-time monthly cargo record

The Port of Los Angeles handled 1,042,652 Twenty-Foot Equivalent Units (TEUs) in September, the busiest month in its 118-year history and more than 20,000...