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MSC, Fincantieri AND Snam to partner for world’s first oceangoing hydrogen-powered cruise ship

The Cruise Division of MSC Group, Fincantieri and Snam announced the signing a Memorandum of Understanding (MoU) to jointly determine the conditions for the...

ERMA FIRST introduces world’s smallest ballast water treatment system

Global ballast water equipment manufacturer ERMA FIRST is bringing the world’s smallest and easiest to install ballast water treatment system to the international market...

S. Korea: Orders books fill up for shipbuilders in 2021

Shipbuilders have hit 70 percent of their targets for orders this year, but earnings are not living up to expectations. An increase in prices for...

Baltic index gains on higher capesize rates

The Baltic Exchange’s main sea freight index rose for a fourth straight session on Monday, helped by higher demand for capesize vessels. The index, which...

China’s Guangdong starts building $1 bln Huizhou gas terminal

China has begun building a $1 billion natural gas import and storage base in the southern coastal province of Guangdong, a project in which...

Gibson Weekly Tanker Market Report [W29]

So, after several weeks of behind the scenes talks and political wrangling, the OPEC+ alliance has once again found a way forward in its...

Singapore’s June bunker fuel sales gain on soaring HSFO demand

Singapore’s total marine fuel sales jumped by a sharp 7.4% year on year, underpinned by strong HSFO demand, reflecting the continued rise in scrubbers...

Russia to build first LNG-powered icebreakers for Arctic sea route

Russia plans to build its first batch of icebreakers that are powered by liquified natural gas, a top official said on Friday, returning to...

Boskalis, Van Oord win contract for dredging works at Harwich

Boskalis has secured the contract for the Harwich Haven approach channel and inner harbor deepening by the Harwich Haven Authority. The contract carries a...

Dalian iron ore futures at nearly 3-week low

Chinese iron ore futures fell for a fourth consecutive session, down more than 7% to their lowest levels in nearly three weeks, on prospects...

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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...