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Heidmar & Capital Announce Formation of Joint Venture

Capital Ship Management Corp. and Heidmar Inc announced the formation of a joint venture combining the long standing commercial strength of the two organizations...

European Demand Drives U.S. LNG Exports to Record

Sky-high European demand drove U.S. liquefied natural gas (LNG) exports to a record in December, Refinitiv data showed, with winter supply worries set to...

Castor Maritime Announces Vessel Deliveries & New Charter Agreements

Castor Maritime Inc., a diversified global shipping company, announces the deliveries of two vessels. On December 23, 2021, it took delivery of M/T Wonder Bellatrix,...

Marco Polo Marine Ventures Into Green Ship Recycling

Marco Polo Marine, a reputable regional integrated marine logistics company announced that its subsidiary, P.T. Marcopolo Shipyard, has ventured into green ship recycling, to...

Multipurpose Time Charter Index Up to $10,575/day in December

The Drewry Multipurpose Time Charter Index tracks one-year period charter rates across a basket of vessel types and sizes and forecasts the market movement...

S. Korean shipbuilders record best year since 2013

South Korean shipbuilders last year received orders totaling seventeen-million-440-thousand compensated gross tonnage the industry’s best in eight years. According to the Trade Ministry on Wednesday,...

FOWIC: 3 new contracts and reservation agreements

Fred. Olsen Windcarrier (FOWIC) has recently executed three new contracts and reservation agreements with a combined revenue of up to EUR 80m. The contracts...

Cruise Operators Pause Operations in Brazil

Cruise ship companies in Brazil will suspend most operations until Jan. 21, an industry association said on Monday, after health authorities recommended against cruise...

Pyxis Tankers Announces Sale of Two Small Tankers

Pyxis Tankers announced that it has agreed to sell the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers for an...

Piraeus Bank Announces Sale of Shipping NPE Portfolio

Piraeus Financial Holding announced that its subsidiary Piraeus Bank S.A. has reached an agreement with an entity affiliated with Davidson Kempner Capital Management LP,...

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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...