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The Wire

U.S., Europeans discussing banning Russian oil imports

The United States and European partners are exploring banning Russian oil imports, U.S. Secretary of State Antony Blinken said on Sunday, but stressed the...

Baltic index gains on higher rates for all vessels

The Baltic Exchange’s dry bulk sea freight index rose on Monday, helped by higher rates in all vessel segments. The overall index, which factors...

Stolt-Nielsen confirms large shareholding in Odfjell

Stolt-Nielsen Limited (Oslo Børs ticker: SNI) has acquired 4,641 class A shares in Odfjell SE. Following the acquisition, Stolt-Nielsen Limited holds 3,285,441 class A shares...

Global Ship Lease Announces Partial Redemption of 8.00% Senior Notes Due 2024

Global Ship Lease announced that it has delivered notice of partial redemption of its 8.00% Senior Notes due 2024 to Wilmington Savings Fund Society,...

Seanergy: New $21.3 million Refinancing Facility

Seanergy reported that it has entered into a definitive agreement with a reputable Japanese lender to refinance the loan facilities secured by the 2012-built...

EuroDry Announces New Charter for Its M/V “Molyvos Luck”

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for dry bulk cargoes, announced a new charter for its drybulk...

Diana Shipping: Direct Continuation of Time Charter Contract for m/v Santa Barbara

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...

Eagle Bulk: Strong finish to 2021

Eagle Bulk, one of the world’s largest owner-operators within the midsize drybulk segment, reported financial results for the three months and year ended December 31,...

Russian Oil Tankers Rerouting from Canadian Destinations

Two oil tankers owned and managed by Russia’s largest maritime and freight shipping company, Sovcomflot, which was blacklisted by the United States last week...

Countries Seek IMO Meeting On Shipping Dangers After Ukraine Invasion

Over 15 countries have called for a special meeting with the UN’s shipping agency to discuss the safety of ships and their crews sailing...

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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...