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Diana Shipping Takes Delivery Of Ultramax; Time Charter Contract With Engelhart CTP

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v DSI Aquarius (formerly “STH Kure”), a 2016 built...

Korean Shipbuilders Focusing on Boosting Profitability

As in 2022, Korean shipbuilders are expected to receive many orders for high value-added ships this year. Expectations for an earnings improvement are rising...

Maersk retires Hamburg Süd, Sealand brands

Maersk plans to retire the brands of Hamburg Süd and Sealand. The integration of Maersk-owned brands is part of a strategy to unify Maersk’s structure,...

Diana: Direct Continuation of Time Charter Contract for m/v Atalandi; New Time Charter Contract for m/v Leto

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Aquavita International S.A., for one of its...

Maersk, MSC to end alliance from 2025

Denmark’s Maersk and Swiss-based MSC, the world’s largest container shipping companies, said on Wednesday they had agreed to end a vessel sharing alliance in...

S. Korea: Shipbuilding industry turns to robots to overcome shortage of workers

The domestic shipbuilding industry is introducing robots to cope with a shortage of workers and prevent safety accidents, according to industry officials, Tuesday. Daewoo Shipbuilding...

John Fredriksen Increases Stake in Euronav

Norwegian billionaire John Fredriksen has once again increased his stake in Belgian tanker company Euronav in wake of Frontline’s termination of its combination agreement...

New time charters for Bulk Santos and Bulk Sao Paulo

2020 Bulkers announced it has entered into new index-linked time charters for Bulk Santos and Bulk Sao Paulo with a European charterer. The index-linked charters...

First Citizens Bank Arranges $44.2 Million of Debt Financing for Navios Partners

First Citizens Bank announced that its Maritime Finance group, part of the CIT division, served as sole lead arranger on $44.2 million in debt...

Tsakos linked to suezmax order switch

According to various brokers reports, Greek owner Tsakos has agreed the conversion of two 2,782 TEU container vessels in South Korea into contracts for...

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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...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM plc announced the commencement of a secondary public offering of 9,000,000 of the Company’s Class A common shares by OCM Njord Holdings S.à...

TEN sees 300% plus increase in 6-month net income; record 1H revenues

TEN reported results (unaudited) for the six months and the second quarter ended June 30, 2026. FIRST HALF 2026 SUMMARY RESULTS TEN's fleet generated record gross...

Samsung seeks $186 million from CMA CGM in landmark FMC complaint

Samsung Electronics America (SEA) has filed a formal complaint against CMA CGM with the US Federal Maritime Commission (FMC), demanding at least $186 million...

Safe Bulkers: Completion and pricing of private placement of common stock

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced today that it has successfully placed 12,000,000 new shares of common stock...

M/MARITIME: Focus on Greek-Japanese maritime ties

The close shipping ties between Greece and Japan were highlighted at a meeting at...

Greek ferry sector ‘battered’ by soaring fuel costs

The Greek ferry sector is being squeezed by soaring fuel costs, with the price...

Strait of Hormuz ship crossings remain in single digits, data shows

Vessel transits through the Strait of Hormuz ​remained in the single digits at four...

DP World handles record BYD new energy vehicle shipment to Chile

DP World has handled the largest single maritime delivery of new energy vehicles to...

Seanergy Maritime CFO focuses on delivering real value in practice

Stavros Gyftakis, CFO of Seanergy Maritime Holdings and CFO and Director of United 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...

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...