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Euronav: Positive Outlook on Medium-Term Tanker Market

Euronav NV reported its non-audited financial results for the first semester and second quarter ended 30 June 2021. Hugo De Stoop, CEO of Euronav...

Strong vessel demand propels Baltic index to highest in over a decade

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, jumped to its highest level in over a...

Euroseas agrees 3-year charter of Diamantis P at $27,000 per day

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three and...

Seanergy Announces Share Repurchase Plan

Seanergy announced that its Board of Directors has authorized a share repurchase plan. Under the Plan, the Company may repurchase up to $17 million...

Scorpio Tankers: Purchase of Call Options by Company President

Scorpio Tankers announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 100,000 common shares (or 1,000...

U.S. calls on OPEC and its allies to pump more oil

U.S. President Joe Biden’s top aides are pressuring OPEC and its allies to boost oil output to tackle rising gasoline prices that they see...

Ship sailing under Panama flag runs aground in Japan, oil leaking

According to Reuters, a Panamanian-registered ship ran aground in a northern Japanese harbour and was leaking oil, but there were no injuries among the...

Port Hedland Iron Ore Exports Up in July

Pilbara Ports Authority has delivered a total monthly throughput of 59.0 million tonnes (Mt) for July 2021. This throughput was a two per cent decrease...

Slow U.S. Corn Shipments Could Pressure Supply Forecasts

The United States has already secured a record corn export campaign for the nearly concluded season, but the shipments are unlikely to match the...

Korean shipyards top global order book in July for 3rd consecutive month

South Korean shipbuilders defended No.1 position in the global order book for the third consecutive month in July, pushing their combined orders during seven...

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Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Diana Shipping Inc. announces extension of tender offer for all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Kongsberg Maritime Q2 2026: Record-high backlog and strong newbuild execution

Kongsberg Maritime ASA announced its results for the second quarter of 2026. A record-high order backlog driven by strong newbuild order intake and execution...

Robin Energy announces reverse stock split

Robin Energy, an international ship-owning company providing energy transportation services globally, announced that its board of directors has determined to effect a one-for-fifteen (1-for-15)...

Seanergy Maritime announces pricing of €100 million unsecured corporate bond trading on Euronext Athens

Seanergy Maritime Holdings Corp. announced the pricing of the offering of €100 million of unsecured bonds to investors in Greece. The Bonds will be...

IMO Council reaffirms commitment to protecting vital shipping lanes

The Council of the International Maritime Organization has concluded its 137th session by reaffirming...

Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety risk

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on...

Russia says Ukraine struck tanker in Sea of Azov

A Ukrainian drone struck a tanker as it ​was entering the Azov-Black Sea ‌Canal,...

Höegh Autoliners extends contract with major Asian car producer into 2029

Höegh Autoliners ASA has agreed an extension of an existing contract with a major...

METLEN and Tsakos Group formalise partnership to develop one of Greece’s largest hybrid renewable...

METLEN and Tsakos Group formalised the launch of their partnership through METLEN’s entry into...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...

Hapag-Lloyd uses shore power in the Port of Hamburg

Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...

DP World drives record efficiency and vessel performance at DAR Es Salaam port

DP World Dar Es Salaam has achieved record vessel performance and reduced cargo discharge times by more than 90% at the Port of Dar...

Piraeus Container Terminal marks 16 years, reports rise in cargo volumes

Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...