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Baltic index rises on strong capesize rates

The Baltic Exchange’s main dry bulk sea freight index rose on Tuesday, hitting its highest level in 13 years, helped by higher demand for...

Hyundai seeks EU’s conditional approval for Daewoo acquisition

Hyundai Heavy Industries (HHI) is seeking conditional approval from the European Union for its proposed acquisition of the ailing Daewoo Shipbuilding & Marine Engineering...

Seaspan Takes Delivery of First of Five 12,200 TEU Newbuild Containerships

Seaspan announced that it has accepted delivery of one 12,200 TEU containership, which will immediately begin an 18-year charter with a major liner customer....

Intermodal Weekly Market Report [W39]

In a year where both the container and the dry bulk freight sectors enjoy historical booming markets with gains exceeding even the most optimistic...

European coal futures climb to 13-year peak

European coal futures rose to a 13-year high and physical thermal coal prices were at record highs as rallying gas prices and strong Asian...

Petrobras selling interests in 15 Gulf of Mexico fields

Petrobras is selling its interest in a company that owns interests in 15 offshore fields in the U.S. Gulf of Mexico. Petrobras has started the...

Safe Bulkers Announces 3 Year Period Time Charter for Capesize Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into a new period time charter for its recently...

Carnival Plans Loan Sale to Refinance Costly Pandemic Bonds

Carnival Corp. is taking another stab at replacing expensive bonds sold at the onset of the pandemic with a new $1.5 billion loan. The cruise...

Van Oord orders mega ship to install 20 MW offshore wind foundations and turbines

Van Oord has ordered a new offshore installation vessel to further strengthen its market position in offshore wind. The jack-up vessel can operate on...

Sovcomflot, NOVATEK expand cooperation

Sovcomflot, through a joint venture with NYK, has signed long-term time-charter contracts with NOVATEK Gas and Power Asia, a subsidiary of PAO NOVATEK, for...

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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...