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COSCO Shipping Energy orders 6 new tankers

COSCO Shipping Energy Transportation has finalized shipbuilding contracts for six new tankers worth a total of $449 million (approximately RMB 2.9 billion). Hainan COSCO Shipping...

Marinakis sells stake in Capital Product Partners to Yoda

Cyprus-based Yoda has purchased a stake from Evangelos Marinakis-led Capital Maritime & Trading in New York-listed LNG carrier owner Capital Product Partners. Yoda, which invests...

Performance Shipping Secures Two Year Time Charter Contract With Oil Major

Performance Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Marathon Maritime Company, a wholly-owned subsidiary...

Safe Bulkers: Agreement for the Acquisition of One Japanese Kamsarmax Class Dry-bulk Vessel

Safe Bulkers announced that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel with a...

Performance Shipping Announces Full Prepayment Of Piraeus Bank Loans & Significant Reduction Of Finance Costs

Performance Shipping announced the voluntary prepayment in full of its existing loans with Piraeus Bank S.A.. The voluntary prepayment amounts to approximately US$44.8 million. The...

MOL to Become World’s 1st Shipping Company to Issue Blue Bonds

Mitsui O.S.K. Lines, Ltd. (MOL) announced that it has decided to issue "blue bonds" through a public offering in Japan's domestic market in January...

TOP Ships Announces Share Repurchase Program

TOP Ships announced a share repurchase program. The Company’s Board of Directors authorized a share repurchase program under which the Company may repurchase up to...

Scorpio Tankers buying back 13 ships

Scorpio Tankers announced updates on fourth quarter of 2023 Daily TCE Revenues and recent debt and lease activity. Fourth Quarter of 2023 Daily Time Charter...

Transocean Announces $251 Million Harsh Environment Semisubmersible Contract

Transocean announced a minimum 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000...

Star Bulk, Eagle Bulk to Merge, Creating Largest US-Listed Dry Bulk Shipping Company

Star Bulk Carriers Corp. and Eagle Bulk Shipping Inc. have announced their agreement to merge in an all-stock deal, creating the largest U.S. listed...

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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...

Diana Shipping urges Genco Shipping & Trading shareholders to tender their shares by Friday, July 10

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...

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....

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...

Foreship unveils RoRo ferry concept tailored to Greek ferry market

Foreship, part of the RINA Group, has developed a new roll-on/roll-off (RoRo) ferry design...

IMO Secretary-General condemns new attacks on ships in the Strait of Hormuz

IMO Secretary-General Arsenio Dominguez issued the following statement: “I regret that once again I am...

Seaspan and Maersk advance fleet efficiency through strategic vessel upgrade program 

Seaspan Corporation Pte. Ltd., a leading independent maritime asset owner and operator, has announced...

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...

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...