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Euroseas: Agreement to Acquire 6,350 TEU Container Vessel

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced that it has agreed to acquire...

Seaway 7 agrees new Dogger Bank deal

Seaway 7 announced that it has been awarded a sizeable contract by Dogger Bank Wind Farm for the transport and installation of monopile foundations...

Celsius Tankers orders LNG carriers at SHI

Celsius Tankers has ordered two 180,000 cu m LNG carriers at Samsung Heavy Industries, bringing the company's gas fleet to 10 vessels.  The two...

Congestion at Port of Rotterdam Seen Lasting Through 2022

Congestion and bottlenecks in moving container traffic through the Port of Rotterdam, Europe’s largest, are likely to persist through 2022, port officials said on...

Scorpio Tankers Reports 9M Net Loss of $188.4 Million

Scorpio Tankers reported its results for the three and nine months ended September 30, 2021. The Company also announced that its Board of Directors...

COP26: More than 20 nations vow to develop zero-emission shipping routes

A group of 22 countries pledged to create emission-free shipping corridors in the coming years as an initial step to decarbonizing maritime transportation, one...

Saudi Aramco to supply full term oil volumes to several Asian buyers – sources

Saudi Aramco, the world’s top exporter of crude oil, has notified at least six Asian customers it will supply full term volumes in December,...

Baltic index edges lower as smaller vessels weigh

The Baltic Exchange’s dry bulk sea freight index snapped a three-session long streak of gains on Thursday, pressured by weaker rates for panamax and...

Daewoo Shipbuilding bags W487b order for 2 LNG carriers

Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Thursday it has signed a 486.7 billion-won ($410.9 million) deal to construct two LNG carriers. DSME will...

Global Ship Lease sees Q3 profit quadruple

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and nine month periods ended September 30, 2021. Third Quarter 2021...

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Hafnia Limited: Acquisition of an additional 1.7 million TORM shares

Hafnia Limited has agreed to acquire 1,700,000 A shares in TORM plc at a price per share of USD 34.00, representing 1.66% of the...

2020 Bulkers – Contemplated private placement

Reference is made to the stock exchange announcement made by 2020 Bulkers Ltd on 16 September 2026, where the Company announced a letter of...

MSC said in talks to buy German state-held Meyer Werft stake

MSC Mediterranean Shipping Co. is in talks to acquire the roughly 80% stake in German cruise-ship builder Meyer Werft GmbH held by the federal...

Greek shipping industry turns to Euronext Athens

The Greek shipping community is turning its attention to Euronext Athens. Safe Bulkers, owned by Polys V. Hajioannou, made the first move. The company pursued...

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...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

PIL announces planned leadership succession: Wan Chee Foong appointed Deputy CEO, to succeed Lars...

The Board of Directors of Pacific International Lines (PIL) announced the appointment of Mr...

ABS and lomarlabs team up to accelerate early-stage, innovative solutions for global shipping

ABS and lomarlabs have signed a Master Research Collaboration Agreement (MRCA) to explore innovative...

Celestyal launches 190 new winter Mediterranean shore excursions

Celestyal has unveiled its shore excursion programme for its new winter Eastern and Western...

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...