Genco Shipping reveals George Economou share cash-out ahead of proxy vote
Magnate has now sold 52% of his peak holding at $7m profit ahead of key shareholder vote
Klaveness Combination Carriers raises $28m through bond tap issue
Shipowner says transaction was significantly oversubscribed
Navios Partners buys chartered-in bulkers as shipowner sees bumper quarterly profit
Chief executive Angeliki Frangou hails robust first-quarter performance but urges caution
Tankers International sounds alarm over shadow VLCC dry-dockings
Pools operator says safety and environmental questions are being raised by prolonging the life of older vessels
Start of Panama rainy season heralds unwinding of canal disruptions
Weather means water levels will rise and with them transits, analysts say
John Fredriksen’s SFL sees bottom line jump as charter revenues rise
Leasing company boasts ship acquisitions as charter backlog rises
Five to stand trial in Greece over claims of ‘deliberate’ tanker spill scam
Prosecutors believe the Agia Zoni II was sunk deliberately and the tanks opened to discharge oil into the sea
U.S. Navy Expeditionary Sea Base Goes Aground off Gabon
Last week, the expeditionary sea base USS Hershel “Woody” Williams ran aground just off Libreville, Gabon. The ship refloated and…
How Classification is Evolving to Support Innovation and Sustainability
The maritime sector is evolving as artificial intelligence (AI) and digitalization redefine operational standards. This shift offers unprecedented opportunities to…
India Signs 10-Year Deal to Develop Iranian Seaport
India’s government has inked a 10-year agreement to build out and operate the port of Chabahar, Iran. The seaport has…