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Greek ferry sector ‘battered’ by soaring fuel costs

The Greek ferry sector is being squeezed by soaring fuel costs, with the price of its main marine fuel, Marine Gas Oil (MGO), rising...

LNG bunker price rally amplifies freight gains for LNG-fuelled clean tankers

Rising LNG bunker prices pushed LNG-fueled clean tanker freight rates above conventional rates Sept. 7-11, highlighting the bunker-price sensitivity that alternative-fueled ships face. Platts LNG-fueled...

Oil prices surge as Saudi Red Sea loadings halt, Libya shuts fields

Saudi Arabia has cut oil shipments to Europe after drone attacks damaged its key export pipeline to the Red Sea, trade sources told Reuters,...

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 on ‌Tuesday, down from seven a day earlier, preliminary shipping...

Maersk, Hapag-Lloyd to sail more container ships through the Suez Canal

Shipping group Maersk said on Monday that four more ​of its joint container services with Germany's Hapag-Lloyd will resume ‌sailings through the Suez Canal,...

Cosco Shipping arm readies China IPO to capitalise on global shipbuilding wave

The shipbuilding and maintenance arm of state-owned marine transport giant China Cosco Shipping has completed initial public offering (IPO) guidance registration, paving the way...

Metlen, PETRONAS sign LNG supply agreement

METLEN and Malaysian multinational oil and gas company PETRONAS have signed a Sale and Purchase Agreement (SPA) for the long-term supply of liquefied natural...

ESL Shipping signs major transport agreement with Stegra

ESL Shipping has signed a significant agreement with Stegra for the transport of raw materials and finished steel products. Stegra is currently building its...

Drydocks World and Cochin Shipyard form joint venture to strengthen India’s ship repair industry

Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) signed a joint venture agreement to operate and expand the International Ship Repair...

Hapag-Lloyd strengthens partnership with DP World to support growth in Africa

Hapag-Lloyd and DP World have agreed to expand and further strengthen their long-standing cooperation in Africa. The partnership will focus on securing long-term terminal...

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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...

Hunter Group ASA appoints Erik M Mathiesen as permanent CEO

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

Russia says it struck vessels in Ukraine

The Russian defense ministry said on Sunday its forces had carried out overnight drone...

At UN, 80 countries demand reopening of Hormuz, condemn Iran, Houthi attacks

Some 80 countries demanded the urgent reopening of ​the Strait of Hormuz on Thursday...

V.Group names new CEO

V.Group has appointed Shubpreet Singh as chief executive of V.Ships. Singh succeeds Robert Desai,...

Shipping magnate worth $13.5 billion rides AI boom with Nvidia

Maria Angelicoussis, the magnate behind Greece’s biggest shipping fortune, has scored big gains outside...

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...

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...