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Safe Bulkers: Acquisition of Kamsarmax Dry-bulk Japanese Vessel

Safe Bulkers,, an international provider of marine drybulk transportation services, announced that it has entered into agreement for the acquisition of a Japanese dry-bulk...

Iranian Condensate Cargo Expected to Discharge in Venezuela

A cargo of Iranian condensate intended for Venezuela’s state-run oil company, PDVSA, the fourth delivery this year, will discharge in coming days at the...

Record Volumes at Southern California Ports to Become ‘New Normal’

The record volume of cargo moving through the U.S.’s busiest port complex is likely to continue amid high consumer demand for goods, the head...

Thessaloniki 1st Greek Port to adopt blockchain technology

Port of Thessaloniki is the first Greek Port to adopt blockchain technology through integrating with TradeLens, a digital logistics platform supported by five of...

Top 10 container shipping lines on track for $115-120 billion 2021 profit: Alphaliner

The 10 leading publicly listed container shipping lines are on track to earn a record $115 billion to $120 billion in profit in 2021,...

Baltic index extends gains as vessel rates strengthen

The Baltic Exchange’s dry bulk sea freight index extended gains on Thursday to scale a one-month peak, helped by higher rates across all its...

Piraeus container workers cancel strike

The Union of Piraeus Port Dock Containers Workers (ENEDEP) announced late Wednesday the cancellation of its 48-hour strike that began on December 1. The union...

GasLog Places Newbuilding Order at DSME

GasLog announced that it has ordered four newbuild 174,000 cubic meter liquefied natural gas carriers with the latest generation MEGI propulsion from Daewoo Shipbuilding...

Navios orders 2 more containerships at Zhoushan Changhong

Navios has reportedly ordered two 5,300 teu ships from Chinese yard Zhoushan Changhong International (ZCIS) for delivery in 2024. The company has an option...

Kirby to Pay $15.3 Mln in Damages Over Houston Ship Channel Oil Spill

Houston, Texas-based Kirby Inland Marine agreed to pay $15.3 million in damages and assessment costs to resolve federal and state claims for harm to...

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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...