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HMM, Hanwha, KR to develop ammonia GT system for container ships

Four Hanwha Group affiliates, including Hanwha Power System, Hanwha Ocean, Hanwha Aerospace, and Hanwha System, HMM and Korea Shipment Company (KR), will develop a...

Delfin Midstream enters into a Letter Of Award with Samsung Heavy Industries

Delfin Midstream announced that it has entered into a Letter Of Award with Samsung Heavy Industries. The LOA formally notified SHI that is has...

Samudera expands footprint into Japan with new subsidiary

Samudera Shipping Line is expanding its footprint into Japan, via the incorporation of Samudera Japan K.K. on 14 October 2025, a wholly-owned subsidiary capitalized...

Samsung Heavy Industries secures order for 3 Crude Carriers

Samsung Heavy Industries announced on Oct. 24 that it had secured an order for three crude oil carriers from a Liberian shipowner for 341.1...

Heidmar Maritime Holdings Corp. expands crude and product tanker markets with strategic additions to managed fleet

Heidmar Maritime Holdings Corp. is strengthening its market position by adding super-eco vessels to its managed fleet under commercial and technical management agreements. These...

Baltic index falls on weak capesize vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a one-week low on Thursday,...

Shipping industry faces challenges amid rising insurance premiums

Shipowners are expected to face the eighth consecutive annual increase in maritime insurance premiums in 2026, due to the continued rise in the cost...

Βack-to-back shore power connections in Valletta, Malta, mark important milestone for MSC group’s cruise division

MSC Group’s Cruise Division has reached another major milestone in its decarbonization journey, as two of its vessels – MSC World Europa and EXPLORA...

EU Leaders to approve new Russia sanctions with LNG Ban

European Union leaders are expected to greenlight a 19th Russia sanctions package at a summit on Thursday after Slovakia dropped its objections. The package aims...

The London P&I Club opens representative office in Shanghai’s Pudong free trade zone

The London P&I Club announced the opening of its new Representative Office in Shanghai, located in the city’s dynamic Pudong district – designated by...

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Safe Bulkers announces strong results, increased dividend

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and six-month periods ended June...

CMA CGM: Strong results driven by the Group’s agility in a volatile environment

CMA CGM reported its financial results for the second quarter of 2026, highlighting strong results driven by the Group’s agility in a volatile environment...

TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

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...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...