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Shell to add ten tankers to Signal’s MR pool

Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s...

Castor Maritime posts strong profits in strong market

Castor Maritime Inc. posted $6.5 Million net profit for the Three Months Ended June 30, 2021 and $7.6 Million net profit for the Six...

Iran denies role in tanker attack

Iran on Saturday rejected as psychological warfare accusations that it was behind a deadly attack on a tanker off Oman’s coast, and said Tehran...

Wisdom Marine To Purchase Four New Handysize Vessels

Wisdom Marine Lines CO’s board of directors has approved a proposal to purchase four handysize dry bulk carrier vessels to meet rising cargo demand....

Maersk continues shopping spree after strong earnings

Maersk announced the acquisition of two e-commerce companies on Friday as the world’s biggest container shipping line boosts its bet on land-based services. Maersk...

Gibson Weekly Tanker Market Report [W31]

Concerns over growing inflationary pressure across the global economy have been gaining ground. This was reinforced in the recent July edition of the IMF’s...

Marios Iliopoulos: “Rapid transport of firefighters to Rhodes proved we are and will always be firmly on the side of the Aegean Islands”

Seajets responded immediately to the request of the General Secretariat of Civil Protection and the Deputy Ministry of Civil Protection & Crisis Management to...

Seaspan: Charter extensions for 10 containerships

Seaspan announced that it has forward fixed contracts for 10 containerships with a major liner customer. The vessels, representing approximately 100,000 TEU in aggregate,...

Eagle Bulk reports record quarter

Eagle Bulk, one of the world’s largest owner-operators within the drybulk vessel segment, reported financial results for the quarter ended June 30, 2021. Quarter highlights: Operated...

Cargo Surge Continues at Port of Long Beach

Resilient consumer demand continues to drive high volumes of cargo through the Port of Long Beach, which handled a record number of containers 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...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

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...

Piraeus Chamber of Commerce: More value created by shipping to flow into the city’s economy

Piraeus is not only home to Greece’s largest port, but also the historic heart of Greek shipping and one of the world’s major maritime...

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...