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Vale shareholders elect Oliveira chairman after governance tensions

Shareholders of Vale on ​Wednesday elected Manuel Lino Oliveira as chairman of ‌the Brazilian miner's board, a move backed by top shareholder Previ after...

Samsung Heavy inks deal with U.S. company on FSMR development

Samsung Heavy Industries, a major Korean shipbuilder, said Wednesday it has signed a memorandum of understanding with U.S. engineering firm Sargent & Lundy (S&L)...

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

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the group said on Thursday, and a Saudi news agency later...

Danaos takes delivery of first 8,000-TEU containership

Danaos Shipping Co. Ltd., controlled by Greek shipping magnate Dr. John Coustas, has taken delivery of the M/V Santorini Express, the latest addition to...

Pelagic Credit diversifies portfolio through US$24.7 million chemical tanker financing

Pelagic Credit Plc announced that it has entered into definitive agreements for a pre- and post-delivery financing investment in two 10,000 dwt chemical tankers,...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning recognition from the world’s leading ship inspection regimes. In Europe, the...

HD Hyundai names Qatar LNG Carrier

HD Hyundai Heavy Industries has once again demonstrated its shipbuilding technology and on-time delivery capabilities in Qatar’s mega project, led by the world’s largest...

Wärtsilä’s Half-year Financial Report January–June 2026

Wärtsilä has released its Half-year Financial Report for January–June 2026, outlining the company’s financial and operational performance during the first six months of the...

NYK completes acquisition of Saga Welco AS, a leading open-hatch vessel operator

On July 20, NYK completed the acquisition of Saga Welco AS, a Norwegian shipping company specializing in open-hatch vessel operations.* The transaction resulted in...

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 the Red Sea on Tuesday, heading towards the Suez Canal...

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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...

Seanergy participates in Marine Money Week Asia

Seanergy Maritime Holdings President and CEO Stamatis Tsantanis took part in the 25th Marine...

EU’s Kallas says two countries may send ships to counter Houthis

Two countries signaled interest in sending ships to counter Houthi strikes in the Red...

Qatar-linked LNG traffic through Hormuz strait picks up despite conflict

More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait...

Panama Canal announces increase in draft and daily transit

The Panama Canal announced, through an Advisory to Shipping, that it will increase to...

Hunter Group ASA appoints Erik M Mathiesen as permanent CEO

Hunter Group ASA announced that the Board of Directors has appointed Erik M Mathiesen...

A.P. Moller Capital to buy majority stake in ports operator Euroports

A.P. Moller Capital, the infrastructure investment arm ​of Denmark's A.P. Moller Group, ‌said on Monday it had agreed to acquire a majority ​stake in...

Thessaloniki Port Authority: Revenue up 8.9% to €58m in H1 ’26

Thessaloniki Port Authority S.A. (ThPA S.A.), a member of the Core Network of the Trans-European Transport Network and a port of international significance, announced...

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...