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    George Economou acquires 5% stake in Seanergy

    According to a relevant SEC filing, George Economou has acquired a stake in Seanergy Maritime. Specifically, the filing shows Sphinx, a subsidiary of Maryport Navigation,...

    Frontline Reports $107.7 Million Profit in Q3

    Frontline reported unaudited results for the nine months ended September 30, 2023: Highlights Profit of $107.7 million, or $0.48 per basic and diluted share for the...

    Euronav: Dividend Distribution For Q3 2023 & Business Update

    Euronav NV provides a business and dividend update following the recent board and management changes. The Supervisory board has agreed to distribute USD 0.57 per...

    A new chapter for Euronav

    Euronav shareholders have approved strategic changes at the company ushering in a new era.

    TEN Reports Earnings Results for Q3 & 9M2023

    Tsakos Energy Navigation Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported...

    Maersk Reaches Settlement Over Ship That Blocked the Suez Canal

    A.P. Moller-Maersk A/S settled a Danish lawsuit against the companies behind a ship that...

    Baltic dry bulk index doubles in November on robust vessel demand

    The Baltic Exchange’s dry bulk sea freight index gained for the sixth consecutive session...

    Baltic index extends rally on higher capesize rates

    The Baltic Exchange’s dry bulk sea freight index rose on Tuesday for the fourth...

    CLIA presents cruise industry’s Action Plan for Greeceto the Greek Government

    Representatives of Cruise Lines International Association (CLIA), members of the Government, and key stakeholders...

    Baltic index scales 1 and 1/2-year peak

    The Baltic Exchange’s dry bulk sea freight index rose on Monday for the third...

    Port Houston Breaks Export Record

    October was the biggest month ever for loaded exports at Port Houston, up 6% compared to last October. Port Houston’s loaded exports are up...

    Port of Piraeus working on first shore power connection slots for 2024

    The Piraeus Port Authority (PPA), which manages the largest and busiest port in Greece, announced the first five shore power connection slots for ferry...

    Two major US cruise operators interested in buying Lavrio port

    The tender for the concession of Lavrio port is set to begin in the next few weeks. Sources tell Kathimerini there are at least two...

    Biden Administration Invests Over $650 mln in US Ports to Strengthen Supply Chains

    The U.S. Department of Transportation’s Maritime Administration (MARAD) announced over $653 million to fund 41 port improvement projects across the nation under the Port...

    APM Terminals & DP World spearhead roadmap for accelerating electrification of port operations in bid for net-zero

    APM Terminals and DP World announced an initiative to accelerate decarbonisation of the world’s terminals through the widespread electrification of container handling equipment (CHE)....

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