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IMO welcomes WHO vaccine roadmap seafarer prioritization

IMO Secretary-General Kitack Lim has welcomed the World Health Organization’s decision to name seafarers as one of the groups of transportation workers that should...

Capesize jump lifts Baltic index to one-week high

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in a week on...

Safe Bulkers: Acquisition of 3 Kamsarmax Class Dry-bulk Japanese Vessels

Safe Bulkers, an international provider of marine drybulk transportation services, announced that in relation to its fleet renewal strategy, it has entered into agreements...

Nordea profit up on business boom despite rise in costs

Nordea Bank beat second-quarter profit expectations on Wednesday as a booming mortgage market and higher assets under management offset increased costs at the Nordic...

Wärtsilä Posts Improved Results; Warns of COVID uncertainty

Wärtsilä reported improved second quarter financial results. HIGHLIGHTS OF APRIL–JUNE 2021 • Order intake increased by 14% to EUR 1,154 million (1,011) • Service order intake increased...

Baltic index falls on lower capesize, panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower on Tuesday due to slight weakness...

Intermodal Weekly Market Report [W28]

Dry Bulk Sales and Purchase activity has heated up during 2021, reaching record high levels during the first half of the year.

Brazil’s soybean exports seen lower on year in July

Brazil’s soybean exports to date in July are seen lower than a year earlier as farmers hoarding stocks stoke tight supply concerns, sources told...

Nordic American Tankers announces two fixtures

Nordic American Tankers has fixed two of its suezmax tanker vessels at higher rates. The company announced: 1) A few days ago we signed a...

Port of Virginia Sets New Fiscal Year Volume Record

The Port of Virginia set a new June cargo volume record having handled more than 281,000 TEUs, which is an increase of nearly 71,000...

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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...