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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...

Stolt-Nielsen Limited: Fixed income investor meetings

Stolt-Nielsen Limited has mandated Danske Bank, DNB Carnegie, Fearnley Securities and Nordea to arrange a series of fixed income investor meetings commencing today, October...

Oil barrels at sea soar to most since 2023 as supply glut looms

The amount of oil on tankers plowing the world’s oceans climbed to the highest in more than two years, the latest indication of swelling...

The Greek orderbook saw another significant increase

The Greek orderbook recorded a new notable increase in September, led by containerships and tankers, confirming the strategic orientation of Greek shipowners in two...

Stolt-Nielsen Limited reports unaudited results for the third quarter and first nine months of 2025

Stolt-Nielsen Limited reported unaudited results for the third quarter and the nine months ending August 31, 2025. The Company reported a third-quarter net profit...

Toro Corp. reports net income of $1.4 million for the three months ended June 30, 2025 and $3.0 million for the six months ended...

Toro Corp. a global energy transportation provider, announced its results for the three months and the six months ended June 30, 2025. Highlights of the...

Scorpio Tankers announces agreements to sell two LR2 product tankers and an update on its outstanding debt

Scorpio Tankers announced that it has entered into agreements to sell two vessels and provided an update on its outstanding debt. Vessel Sales The Company has...

TORM announces long term incentive program

In accordance with TORM plc’s Remuneration Policy adopted by the Annual General Meeting of TORM on 14 April 2021 and the authorization granted at...

MISC and SHI secured Approval in Principle from Bureau Veritas for World’s First Ammonia-Fuelled LR2 Tanker powered by Proton Exchange Membrane Fuel Cell Technology

MISC Berhad (MISC) and Samsung Heavy Industries (SHI) have received the Approval in Principle (AiP) from Bureau Veritas Marine & Offshore (BV) for their...

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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...