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C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Diversification leads Top Ships to profit increase

Top Ships has earned its first revenues from entering the mega-yacht market. The company, listed on the New York Stock Exchange, announced net profits of...

Dynacom linked to Hengli VLCC order

Dynacom Tankers is linked to an order for four VLCC newbuildings (306,000 dwt) at Hengli Heavy Industries. According to reports, the vessels are part of...

Navios Partners sells Navios Helios

According to reports, Navios Maritime Partners has sold one of its oldest ships to make space for incoming newbuilding tonnage. More specifically, TradeWinds reports the...

Danaos Corporation announces senior notes offering

Danaos Corporation announced that it plans to commence an offering of up to $500 million of Senior Notes due 2032, subject to market conditions...

Diana Shipping announces signing and drawdown of a US$55.0 million term loan facility with National Bank of Greece S.A.

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboatcharter-in of dry bulk vessels, today announced the successful signing of aUS$55.0...

Castor Maritime reports second quarter and half year results for 2025

Castor Maritime, a diversified global shipping and energy company, announced its results for the three months and six months ended June 30, 2025. Highlights of...

Diana Shipping takes Genco stake to 15 pct

Diana Shipping has increased its stake in Genco Shipping & Trading to approximately 15%, reportedly becoming the company’s largest shareholder. A relevant SEC-filing reads: "During the...

United Maritime announces completion of strategic divestment from older vessels with the profitable sale of its oldest Capesize Vessel

United Maritime Corporation announced it has completed the divestment of its oldest Capesize vessel, M/V Goodship, finalizing the Company’s exit from vintage tonnage as...

Seanergy Maritime announces profitable sale of a Capesize vessel and expiration of Class E Warrants

Seanergy Maritime Holdings Corp. announced that it has successfully completed the strategic sale of its Capesize vessel, M/V Geniuship, further optimizing its fleet and...

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C3is Inc. announces closing of $2 million registered direct offering

C3is Inc., a ship-owning company providing dry bulk and tanker seaborne transportation services, today announced the closing of its previously announced registered direct offering...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Trafigura secures USD3.4 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura Group Pte Ltd, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility and Term...

Hudson Structured Capital Management announces $719 million closing of Hudson Northern Shipping Fund V LP

Hudson Structured Capital Management Ltd., an investment manager focused on alternative assets across the Transportation and Re/Insurance sectors, announced the final closing of Hudson...

Diversification leads Top Ships to profit increase

Top Ships has earned its first revenues from entering the mega-yacht market. The company, listed on the New York Stock Exchange, announced net profits of...

Global shipping industry reaffirms support for the IMO Net Zero Framework

Leading international maritime associations and organisations reiterate our strong support for adoption by the...

Polys Hajioannou elected new president of Cyprus Shipowners’ Association

The Cyprus Shipowners’ Association (CSA) held its general assembly in Limassol earlier this week,...

BIMCO: Rate increases unlikely but USTR fees could impact 35% of key sectors’ ships

According to BIMCO Chief Shipping Analyst, Niels Rasmussen, when fees from the Office of...

Baltic climbs to one-week high on capesize, panamax strength

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

Baltic edges up on stronger capesize and panamax vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving...

SC Ports appoints Mallace as President and CEO

The South Carolina Port Authority’s Board of Directors announced Micah Mallace as the agency’s next President and CEO. The vote was unanimous. Mallace assumes leadership...

Rotterdam port container traffic disrupted as lashers strike for higher wages

Lashers in Europe's largest sea port Rotterdam went on a 48-hour strike on Wednesday afternoon to demand higher wages, while Flemish harbour pilots protesting...

Port of Long Beach awarded $20 million for Pier Wind

The Port of Long Beach on Wednesday was awarded $20 million by the California Energy Commission to fund the ongoing development of Pier Wind,...

PPA S.A.: Implementation of a New Scholarship Program for the academic year 2025-2026

The Piraeus Port Authority S.A. (PPA) announced the implementation of a new Scholarship Program for the academic year 2025-2026. This is an initiative that...

Ports are key factors in the green and digital transition

In a period of geopolitical turmoil and European changes, the new president of the Hellenic Ports Association (ELIME), Apostolos Kamarinakis, is drawing up a...