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Eu Regulation Needs To Protect European Shipping Interests Says UGS President From Posidonia 2022

Europe needs to understand the strategic importance of Greek shipping as the owner of 59% of the EU fleet, especially in times when shipping...

Maran Gas orders two LNG newbuildings at DSME

Maran Gas has placed an order with Daewoo Shipbuilding & Marine Engineering for the construction of two 174,000 cu m liquified natural gas carriers...

China’s Exports Surge on Easing COVID Restrictions

China’s exports grew at a double-digit pace in May, shattering expectations in an encouraging sign for the world’s second biggest economy, as factories restarted...

After Ruling, Iran Expects to Get Its Confiscated Oil Back

Iran expects an oil cargo confiscated by the United States off the coast of Greece to be returned in full, Tehran’s ambassador to Athens...

Financing Decarbonisation of Shipping Needs Creative Solutions & Owners Want To Be Heard

Shipping is required to face the complex challenges placed by the progressively stricter IMO and EU environmental legislation and the financial issues related thereto,...

Data Is The New Commodity To Spur Shipping Into A New Era Of Optimisation

More than 30 martech startups from around the world are displaying their solutions and platforms at this year’s Posidonia Exhibition currently being held at...

CPLP: Acquisition of One LNG Carrier, Three Container Vessels & Sale of Two Boxships

Capital Product Partners, an international owner of ocean-going vessels, announced: The acquisition of one 174,000 cubic meter (“cbm”) latest generation X-DF LNG carrier (“LNG/C”) and...

George Procopiou: Shipping struggling with lack of clarity on sanctions

Shipowners are struggling to know what trades are still legal as a raft of sanctions against Russia and tough measures on other countries including...

OceanPal: Time Charter Contract for m/v Salt Lake City

OceanPal, a global shipping company specializing in the ownership of vessels, announced that, it has entered into a time charter contract with Koch Shipping...

Posidonia Shipping Exhibition Welcomes Global Maritime Community Back To Athens

Greek Prime Minister Mr Kyriakos Mitsotakis presided over the official opening of Posidonia 2022, as the world’s most prestigious biennial shipping event welcomes back...

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NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of 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...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

IMO Secretary-General calls for urgent release of 44 seafarers held by pirates

IMO Secretary-General Arsenio Dominguez has appealed for urgent international efforts to secure the safe...

Fincantieri creates an international underwater champion

The Group establishes the first vertically integrated underwater operator, bringing together eight centers of...

Iran fires missiles at commercial ships in Strait of Hormuz, Axios reports

Iran's Revolutionary Guards fired at least two missiles at commercial ships transiting through the...

KONGSBERG delivers advanced technology suite for next-generation NIOZ research vessel Anna Weber-van Bosse

KONGSBERG has supplied a comprehensive package of advanced ocean science and navigation technologies for...

Celestyal launches ‘Suite Summer Sale’ with fares from € 559 pp

Celestyal has launched a ‘Suite Summer Sale’ - live from July 1 - offering...

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...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...