A Cypriot official has expressed cautious optimism regarding the recovery of the tourism sector. This outlook comes amidst broader discussions on Cyprus's business landscape, including inflation, property, shipping, and fuel.
Five worshippers abducted in Kwara are now feared dead while in captivity. The incident has raised concerns about security and the safety of citizens in the region.
Maria Angelicoussis, a doctor by profession, has taken the helm of the world's largest private shipping empire. The article highlights the critical role of the Strait of Hormuz in global energy supply, through which a significant portion of daily crude oil and LNG passes.
A peculiar situation is unfolding in the Strait of Hormuz, the world's most crucial energy passage, where oil tankers are increasingly passing in darkness as shipping levels remain significantly below pre-war levels.
Thomas Kazakos, Secretary-General of the International Chamber of Shipping (ICS), delivered a message of optimism for the future of global shipping at the XINDE MARINE NEWS Forum, prioritizing seafarer safety and cooperation.
Nigeria is facing significant challenges including widespread insecurity, economic hardship, and calls for state police, while also pursuing prison reforms and attracting foreign investment.
A Nigerian court handed down the death penalty to four men convicted of a church attack that resulted in the deaths of 50 worshippers, with prosecutors identifying the men as members of the al-Shabab militant group.
A powerful Skytech gaming PC featuring an AMD Ryzen 7 9800X3D and Radeon RX 9070 XT graphics card is now available for $1,750, capable of running new games in 4K.
Melina Travlou, President of the Union of Greek Shipowners, emphasized that shipping is deeply rooted in Greece's history and is vital to the nation's identity.
Greek shipping, which represents a very large percentage of European shipping, with a share exceeding 60%, has been 'invisible' to Brussels bureaucracy for decades. Special...
Iran has delegated the management of maritime traffic in the Strait of Hormuz to a new ad hoc authority, the Persian Gulf Strait Authority, requiring shipowners, including Italian ones, to register and pay tolls.
Thenamaris, a shipping company owned by Nikolaos Martinos, has embarked on a new round of shipbuilding agreements, further strengthening its presence in Chinese shipyards.
Kristin Cavallari recounted on her podcast an incident where a famous man exposed himself to her on their second date at the Beverly Hills Hotel, ruining the mood.
The head of Iran's Quds Force, Esmail Qaani, issued a warning to the US and Israel, stating that military escalation in Gaza and Lebanon could open new fronts and disrupt shipping in the Bab el-Mandeb Strait.
A vessel owned by the Mediterranean Shipping Company (MSC) was struck by two projectiles in an Iraqi port, highlighting ongoing threats to shipping amidst U.S.-Iran negotiations over the Strait of Hormuz.
The shipping industry is challenged to demonstrate resilience and adaptability amidst a landscape of geopolitical chaos, regulatory uncertainty, and heightened business risk.
UAE state-run oil group Adnoc plans to build a new pipeline to bypass the Strait of Hormuz, a move prompted by the Iran war highlighting the region's reliance on the key shipping route.
Greece and Panama expressed their willingness to further expand cooperation, particularly in shipping, tourism, and entrepreneurship, during a meeting between Greek President Konstantinos Tasoulas and Panamanian President Mulino at the Presidential Palace.
M. Travlou, speaking at Posidonia, emphasized that a resilient economy cannot exist without a strong shipping industry. Her remarks underscored the critical importance of maritime trade to economic stability.
Greek Prime Minister Mitsotakis emphasized at the Posidonia exhibition that the Greek-owned shipping industry is a national and European strategic asset that must be safeguarded, especially given its increasing geopolitical importance.
The Chinese Ambassador to Naftemporiki stated that investments in the Port of Piraeus have exceeded 10 billion RMB over the last ten years under COSCO SHIPPING's management, transforming it into a world-class port and enhancing maritime cooperation.
Escalating tensions in the Middle East are drawing focus to the Bab al-Mandab Strait, a critical global shipping lane. Iran, through its Yemeni allies, may leverage this chokepoint to pressure adversaries, potentially disrupting vital oil and goods transit.
Iran announced it has called off talks with the U.S. following Israeli strikes in Lebanon and Gaza, with an IRGC-affiliated outlet claiming the freeze. However, Donald Trump stated he was not informed of any suspension of talks and that Israel would not send troops to Beirut.
Shipowners and maritime industry officials, meeting ahead of the Posidonia shipping exhibition, emphasized the need for a clear framework for transit through the Strait of Hormuz as part of any potential US-Iran peace deal.
Pašalić has deemed the insults directed at citizens who worship the Virgin Mary's belt as unacceptable. He emphasized the importance of respecting religious practices and beliefs.
In an era of rising geopolitical uncertainty and shifting global trade patterns, Greek shipping continues to prove its ability to adapt, absorb shocks, and remain resilient.
The Posidonia 2026 exhibition in Athens will be the largest in its history, bringing together the global shipping industry. Key themes will include artificial intelligence, the green transition, and geopolitical challenges affecting maritime transport.
The United States launched strikes against Iranian military targets on Goruk and Qeshm Island, citing self-defense after a drone was shot down. In retaliation, Iran reportedly hit an air base and Kuwait was struck by missiles and drones.
More than 400,000 ribbons were distributed to worshippers at the Temple of Saint Sava during the veneration of the Holy Cincture of the Most Holy Theotokos. This event saw a significant turnout of devotees.
Qatar has stated that a proposed temporary toll for passage through the Strait of Hormuz is negotiable, suggesting it could help restore normal shipping operations.
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A Canadian man, Kenneth Law, has pleaded guilty to multiple charges related to selling lethal substances online that were used by individuals to commit suicide in dozens of countries, including 79 cases in the UK. He admitted to distributing hundreds of 'suicide kits' disguised as 'hot sauce' globally.
The Chinese Ambassador to Athens, Fang Qiu, described the port of Piraeus as a "pearl of the Mediterranean" and called for deeper cooperation in shipping.
A 27-year-old man was arrested in Pagrati for orchestrating fake house rentals and job offers, posing as a high-ranking individual in the hospitality and shipping industries. Victims reported his deceptive practices even while he was under police surveillance.
Many ships currently stranded in the Persian Gulf rely on insurance coverage negotiated at Lloyd's, which has been a central hub for marine insurance for over three centuries.
Several shipping companies are preparing to list their shares on Euronext Athens, indicating a growing presence of the maritime sector on the Greek stock exchange.
An analysis discusses employer branding in the shipping industry as a quiet competitive advantage, highlighting its importance for attracting and retaining talent.
The Posidonia 2026 exhibition is set to showcase the global reach of Greek shipping, with a record turnout expected to include over 2,200 exhibitors from 80 countries, despite ongoing geopolitical tensions affecting international trade.
The Cyprus property market experienced a record-breaking year in 2025, with total transaction value reaching €6.5 billion, an 8 percent increase across 25,600 transactions.
The potential resurgence of Somali pirates is creating a new challenge for the global shipping industry. This development raises concerns about maritime security and trade routes.
Three oil tankers, reportedly part of Russia's 'shadow fleet,' were attacked by drones in the Black Sea near the Turkish coast. The crews of the targeted vessels were reported safe following the incidents.
Several companies, including Diana Shipping Inc., Sono-Tek Corporation, and REX American Resources Corporation, have released their Q1 2026 earnings call summaries. Hafnia also provided a Q1 2026 earnings preview.
The Posidonia 2026 maritime exhibition is projected to have an economic footprint exceeding 100 million euros, with its conference program highlighting the active transformation of the shipping industry.
Marlink, a provider of managed digital solutions, and Metis, a specialist in maritime data collection and advanced analytics, have formed a strategic partnership to deliver smart digital solutions for the shipping industry.
A forum in Ningbo has issued a warning that global shipping resilience remains fragile without international cooperation. The event emphasized the critical need for collaborative efforts to strengthen the industry.
Three oil and LNG tankers have exited the Strait of Hormuz with their transponders off, as Asia-bound energy flows slowly resume. This movement indicates a cautious return to normal shipping in the region.
Deputy Shipping Minister Marina Hadjimanolis attended receptions in Athens hosted by Columbia Shipmanagement and Bank of Cyprus, aiming to strengthen Cyprus's presence around the Posidonia 2026 exhibition.
Reports of a potential deal to reopen the Strait of Hormuz and withdraw US forces were met with conflicting statements from Iran and the US, with the White House calling Iranian claims of an agreement a "fabrication." Meanwhile, the US delivered its first KC-46 aircraft to Israel, enhancing its capabilities for potential independent strikes on Iran.
PDD Holdings has unveiled a three-year investment plan totaling RMB 100 billion for first-party brands, alongside efforts to accelerate free shipping services to rural villages.
Iran says it has a draft framework with the US to end conflict, restore Gulf shipping, and potentially secure a UN Security Council resolution within 60 days.
Liquefied petroleum gas (LPG) prices are expected to remain unchanged in June, as rising international contract prices are offset by lower shipping costs.
Netflix's new animated comedy 'Mating Season' follows a horny bear on a quest for sexual exploration after his partner leaves him during hibernation, promising a shocking yet sweet narrative.
Safe Bulkers has made history as the first shipping company to list on Euronext Athens, signaling a vote of confidence in the exchange and its intention to enter the market.
Thomas Zavitsanos, founder and CEO of Benefit Software, discusses the digital transformation of the shipping industry and the role of artificial intelligence in the daily operations of shipping companies.
The International Maritime Organisation (IMO) has approved the first global safety code for autonomous ships, aiming to integrate AI-enabled and remotely operated vessels into commercial shipping while maintaining high safety and environmental standards.
Students from the Department of Shipping Studies at the University of Piraeus conducted an educational visit to Trafigura's facilities on May 14, 2026.
Vassilis Kikilias, the Minister of Maritime Affairs and Insular Policy, spoke at the Xinde Marine Forum Athens 2026. He emphasized safety as a top priority and highlighted the strength of Greek shipping and Piraeus's strategic importance.
The Minister of Health, Adonis Georgiadis, visited the Hippocrates hospital in Thessaloniki. There, employees and members of ANTARSYA had gathered, holding banners and shouting...
Greek Shipping Minister Vassilis Kikilias highlighted the unwavering safety of passengers, islanders, and travelers in Greek ports, while also addressing the challenges posed by current geopolitical instability for the enduring strength of Greek shipping and Piraeus as an international hub.
Six freight wagons carrying Russian wheat, barley, and fertilizer intended for Armenia are being shipped from Baku today, while Armenia and the US signed a framework agreement on strategic cooperation.
The European Community Shipowners' Associations (ECSA) emphasizes the need for the approximately 9 billion euros generated annually by the EU's shipping emissions trading system (ETS) to be directed towards the development of sustainable fuels, rather than national budgets.
The shipping industry is demonstrating resilience amidst geopolitical turmoil, regulatory uncertainty, and heightened business risks, with discussions emerging about potential tolls in the Strait of Hormuz.
A Nigerian court has sentenced four individuals to death by hanging for their involvement in the 2022 Owo church attack that killed dozens of worshippers. One defendant was acquitted in the trial.
Vodafone Business is actively participating in Posidonia 2026, the leading maritime exhibition, presenting comprehensive solutions for connectivity, cybersecurity, and AI aimed at the digital transformation of the shipping industry.
Nikos Androulakis visited the Posidonia International Shipping Exhibition, emphasizing that for PASOK-KINAL, a strong shipping industry signifies a strong global presence for Greece.
Vassilis Kikilias, Greece's Minister of Shipping and Island Policy, authored an article emphasizing the critical role of the shipping industry as a fundamental pillar for Greek economic development.
Safe Bulkers has marked its dual listing by ringing the bell at Euronext Athens, signifying its presence on both the New York Stock Exchange and the Greek exchange.
Greek shipping magnate Evangelos Marinakis has expressed readiness to pay transit fees demanded by Iran for passage through the Strait of Hormuz. He stated that paying the fee is preferable to facing the problems associated with not doing so.
Canada is pushing for the renewal of the free trade agreement with the US and Mexico, while also confirming the purchase of 26 HIMARS rocket launchers from the US government. These developments occur amidst various other US-related news, including the testing of Elon Musk's Starshield in New Zealand and a US bill to prevent Chinese-connected cars from entering the country.
The Vertical Corridor and the development plan for a second floating liquefied natural gas (FSRU) terminal, named Thrace FSRU, are central topics at Posidonia 2026, a major international shipping exhibition.
Greece's leading position in international shipping is reaffirmed by the new 2025-2026 Annual Report of the Union of Greek Shipowners, which highlights the size and influence of the Greek-owned fleet globally and in Europe.
The Piraeus Port Authority (OLP) showcased a dynamic presence at the opening ceremony of the leading international shipping exhibition, Posidonia 2026, where its pavilion received many visitors.
Safe Bulkers, a shipping company, has completed a dual listing on Euronext Athens, in addition to its existing listing on the New York Stock Exchange. This move is seen as a significant step in redefining the relationship between the shipping industry and capital markets in Greece, potentially paving the way for other shipping companies.
BW LPG announced strong first-quarter earnings, with GAAP EPS of $1.08 and the company earning $187 million. This positive financial performance led to a rise in the shipping stock.
Ships idled in the Persian Gulf are incurring escalating operational costs for their owners. Prolonged stays in warm, salty waters lead to intense biofouling of hulls, increasing fuel consumption and hindering operations.
Concerns are rising over global shipping traffic as the conflict threatens the Hormuz-Bab el Mandeb passage to the Gulf of Aden. Involvement in this critical waterway could cause crude oil and logistics prices to skyrocket.
Venezuela's oil exports increased to 1.25 million barrels per day (bpd) in May, according to recent shipping data. This marks a notable rise in the country's oil output and sales.
During 'Posidonia 2026,' Greek Prime Minister Kyriakos Mitsotakis stated that Greece is actively seeking a return to the previous status of the Strait of Hormuz, emphasizing Greece's central role in global shipping.
A report highlights that Greek shipping magnates continue to be the undisputed leaders in the global tanker industry, underscoring their significant influence.
The global maritime industry is set to convene in Athens for Posidonia 2026, a major international shipping exhibition. The event was promoted with a message on the iconic NASDAQ Tower in Times Square.
The ONEX Shipyards & Technologies Group, a leading force in the shipbuilding industry, is making a strong presence at the Posidonia 2026 International Shipping Exhibition, which will be hosted in Athens.
A mega LNG-powered ship, described as longer than the Eiffel Tower is tall, has made a port call in Singapore. This event highlights the growing presence of large, environmentally friendly vessels in global shipping.
Vasilis Kikilias addressed the current challenges and future prospects of Greek shipping in the modern environment. His remarks focused on the industry's resilience and adaptation.
The Greek island of Lefkada is celebrating its patron saint, Panagia Faneromeni, at the ancient Faneromeni Monastery, drawing thousands of worshippers for the annual event on the day of the Holy Spirit.
Several Israeli ministries are moving to block the $4.2 billion sale of shipping company ZIM, citing national security concerns, despite the deal being approved by shareholders in April.
Σε μια βραδιά υψηλού συμβολισμού, βαθιάς συγκίνησης και διεθνούς ακτινοβολίας, το Hippocratic Cancer Research Foundation, με πρόεδρο την κα Ελένη Παλυβού-Μπούση, μία γυναίκα με όραμα και πλούσια…
Oman's Maritime Security Centre has detected a suspected floating mine in the Strait of Hormuz, issuing a warning about the potential threat. This incident highlights ongoing security concerns in the vital shipping lane.
Dan Shipper, CEO of Every, an AI software company, shared insights into his monthly spending on Codex and emphasized his 'very nice' approach when prompting the AI technology.
Shipping groups have issued guidance for transit through the Strait of Hormuz as hundreds of vessels remain unable to pass, raising concerns about potential navigational hazards if normal conditions suddenly resume.
Deckhands and boatmen on three Eimskip ships, who had been on strike since Monday, have reached an agreement with the shipping company, leading to the cancellation of their strike.
Canada's South Bow announced it aims to decide by mid-2027 whether to proceed with its proposed partial revival of the Keystone XL oil pipeline, having secured the necessary shipper commitments.
Anthi Miliou has been appointed Senior Vice President for Greece at Lloyd's Register, a move highlighting the growing importance of Greek shipping internationally.
Iceland's Minister of Infrastructure, Eyjólfur Ármannsson, stated that the Icelandic international shipping register needs strengthening and laws must be enacted to ensure the state's authority to seize ships in emergency situations.
Four freight wagons of wheat and four of fertilizer are set to be shipped from Russia to Armenia via Azerbaijan, while Russia will also impose temporary restrictions on the import of certain goods from Armenia starting tomorrow.
The US indictment of Singapore-based shipping tycoon Teo Siong Seng in a price-fixing scandal raises questions about Washington's pursuit of prominent figures from friendly countries. However, legal experts suggest the case aligns with established legal approaches.
Zafira Shipping & Trading S.A. has assumed the commercial management of the M/T «Akti A», a modern 40,000 dwt tanker built in 2022 by Hyundai Mipo Dockyard.
A 48-year-old man in Canterbury, New Zealand, has been arrested and accused of operating a 'chop shop' involving 27 stolen vehicles, with parts allegedly shipped to the United Arab Emirates.
A US company, DZYNE Technologies, is developing a new concept for drone warfare involving hidden shipping containers capable of launching swarms of kamikaze drones, suggesting a significant evolution in military technology.
The Dutch children's music program 'Kids Top 20' has returned online with a new AI-generated presenter named Jess, whose artificial nature was not initially disclosed by the creators on social media.
Greek minister Kikilias emphasized the enduring strength of Greek shipping and its crucial role in the global economy and international trade, vowing to defend it vigorously.
Performance Shipping Inc. recorded increased revenues and strong operating cash flows in the first quarter of 2026, driven by higher tanker utilization despite a decrease in profitability.
Months of disruption in the Strait of Hormuz have prompted China and South Korea to push for the commercialization of the Arctic shipping route to Europe, rethinking global supply chains.
A gang of Chilean individuals, described as 'criminal tourists,' stole 45 watches valued at over €1.5 million from a shipping magnate's villa in Greece last December, having traveled to the country with the intent to commit crimes.
A new data requirement for rail transport is being praised by experts as a significant benefit for shippers, potentially improving efficiency and transparency in logistics.
A petroleum product tanker operated by Chinese shipping group COSCO transited the Strait of Hormuz, following two crude oil tankers that sailed through the previous day.
The Ambassador of the Republic of Korea emphasized the strong cooperation between South Korea and the Greek shipping sector. The ambassador also expressed confidence in Greece's global potential when it stays true to its roots.
The Chinese port city of Dalian has inaugurated its first direct container shipping route to the Middle East, aiming to enhance trade links and logistics efficiency.
Safe Bulkers, a Cyprus-linked shipowner, has moved closer to becoming the first shipping company to pursue a dual listing on Euronext Athens, having met the market operator's admission requirements.
Shipping company Hafnia announced earnings of $180 million, with its management anticipating that the second quarter will show even better results than the first.
After 76 days of being stranded in the Arabian Gulf, 15 seafarers from the M/V "Warrior" have finally returned to their families, marking the end of a difficult period.
The Norwegian shipping group Astrup Fearnley has announced the opening of new offices in Athens, continuing its international expansion after another year of strong performance, coinciding with Posidonia 2026.
Greek-owned shipping continues to lead internationally by establishing the Lavinia Innovation Centre, a new research and innovation hub. The center aims to place innovation and applied scientific research at the core of its development strategy.
The US House of Representatives passed a resolution to curb President Trump's ability to wage war against Iran, marking a rare bipartisan rebuke. This move highlighted divisions within the Republican party regarding the president's foreign policy decisions.
Turkey has commenced construction on a 45-kilometer canal, which is expected to create a new maritime route with significant importance for the Balkan region. This ambitious project aims to enhance shipping and trade.
The global shipping industry is grappling with a new maritime world order, marked by geopolitical fragmentation, the rise of 'dark fleets,' and uncertainty over decarbonization, which are reshaping trade routes and investment decisions.
Four years after the June 5, 2022 attack on St. Francis Catholic Church in Owo, Nigeria, which killed 41 worshippers, Bishop Jude Arogundade states the Church continues to live with emotional and psychological scars.
The Turkish Ambassador to Greece, Çağatay Erciyes, announced a $10 billion bilateral trade target at the Posidonia shipping exhibition, highlighting deepening commercial ties despite Aegean tensions.
The ongoing conflict in Iran has severely impacted African farmers, leading to significant increases in fertilizer and fuel prices due to the critical reliance on the now-blockaded Strait of Hormuz for shipping routes.
The ongoing crisis in the Red Sea has underscored the critical need for greater resilience in global supply chains. Disruptions in this vital shipping route are prompting businesses to re-evaluate their logistics and risk management strategies.
Lloyd’s Register, Samsung Heavy Industries, and Capital Clean Energy Carriers Corp. have signed a Memorandum of Understanding for strategic cooperation on floating data centers, advancing artificial intelligence in shipping.
The Piraeus Port Authority (PPA) announced its dynamic presence at the upcoming 'Posidonia 2026' international shipping exhibition, with Prime Minister Kyriakos Mitsotakis and other dignitaries attending the opening ceremony.
Hundreds of worshippers gathered at Bayview Village in Accra for Atarah Praise 2026, transforming the venue into a night-long altar of praise and leaving attendees with uplifted spirits.
The Lavinia Innovation Centre has been established as a new hub dedicated to research and innovation within the maritime industry. This center aims to foster advancements and new developments in shipping and related fields.
Deputy Prime Minister Hadjidakis stated that Safe Bulkers' listing on the Exchange marks a significant moment, redefining the relationship between the shipping industry and the capital market. He expressed belief that other shipping companies would soon follow suit.
A lesser-known shipping exchange-traded fund (ETF) has quietly surged by 700%, tripling the rally seen by Micron and demonstrating significant market performance.
The United States and Greece are embarking on a new era of maritime partnership, aiming to chart a common course for future cooperation. This development signifies strengthening ties between the two nations in the naval and shipping sectors.
The global reach of Greek shipping was showcased at Posidonia 2026, with Nasdaq marking the opening of the international maritime exhibition in Athens with a greeting displayed on the Nasdaq Tower in New York's Times Square.
Nasdaq celebrates Greece in Times Square as Posidonia 2026 begins, bringing Greek shipping into focus on Wall Street. This attention is more than a tribute, highlighting investment opportunities and agreements.
Gwadar Port in Pakistan has seen its utilisation rise to 30%, with officials expressing optimism for further growth. This increase in shipping activity is occurring against a backdrop of heightened tensions in the Middle East.
A prominent shipping magnate has emphasized Greece's historical resilience in overcoming blockades, drawing parallels to current geopolitical challenges and maritime trade.
Vassilis Kikilias stated that Greece is actively involved in shaping global shipping decisions rather than merely following developments. He emphasized Greece's influential role in the international maritime industry.
Ship operators are urging for clear rules and regulations to normalize shipping operations in the Strait of Hormuz, citing recent disruptions that are also seen as reshaping East Asia's economic future.
Two freight wagons of wheat and two freight wagons of fertilizers are being shipped from Russia to Armenia, utilizing a transit route through Azerbaijan.
The article recounts the historical event of Egypt's nationalization of the Suez Canal, describing it as a "shipping thriller" that reshaped the world as the last British soldiers departed the Suez Canal Zone.
Integrated emissions management service EmissionLink states that FuelEU compliance has evolved from a regulatory hurdle into a commercial optimisation challenge for the shipping industry.
Prime Minister Kyriakos Mitsotakis is scheduled to attend the opening of the international shipping exhibition 'Posidonia 2026' on Monday, June 1, 2026. His presence highlights the importance of the maritime industry to Greece.
An analysis highlights Kenya's primary economic challenge as insufficient exports, emphasizing the need to increase both the volume and quality of goods shipped abroad.
Tensions for shipping in the Strait of Hormuz show no signs of easing, continuing to pose challenges for shipowners. The strategic waterway remains a point of concern for international maritime traffic.
The Eugenides Foundation marked 70 years of continuous presence and contribution to shipping, maritime education, science, and society with an event held on Thursday, May 14, 2026.
Russian attacks on Ukraine's Dnipropetrovsk Oblast have injured six people, while Russian drones also targeted three foreign-flagged vessels. These incidents highlight ongoing aggression and its impact on both civilian areas and international shipping.
Viewers of Naftemporiki TV will have the opportunity to watch the 10th Naftemporiki Shipping Conference on Sunday, May 31st, one of the most significant annual events for Greek shipping.
India has disclosed some details regarding how its vessels navigate the risky Strait of Hormuz, a critical waterway for global shipping, amidst ongoing tensions in the US-Iran conflict.
The Posidonia 2026 conference program emphasizes the Greek shipping industry's active transformation in response to geopolitical instability, covering topics from risk management to energy transition and digitalization.
Samsung Electronics has begun shipping samples of its advanced HBM4E AI memory chips to global customers, positioning itself as a leader in the AI memory race. This development led to a significant surge in Samsung's shares, despite a minority union's challenge to a pay deal.
Marlink, a provider of managed services for digital solutions, and Metis, a specialist in maritime data and analytics, have formed a strategic partnership to deliver smart digital solutions in the shipping industry.
A shipping executive states that a significant disconnect between authority and accountability is reshaping the modern maritime industry, leaving ship masters to face the repercussions of shore-side decisions.
Reports indicate that the United States and Iran have reached a framework agreement for a 60-day ceasefire, potentially involving the reopening of the Strait of Hormuz, but the deal is awaiting final approval from President Trump. While some sources confirm a memorandum of understanding, Tehran has denied the reports, and traders remain skeptical about a broader nuclear deal this year.
Data released by maritime transport company Lloyd's List Intelligence indicates a recent increase in the number of non-Iranian vessels transiting the crucial Strait of Hormuz.
Dynarep Shipping Consultants, an Athens-based shipping representation company, will participate in Posidonia 2026, showcasing its global network of maritime partners from over 40 countries.
A KPMG report indicates that Greek shipping maintains its global leadership position while entering a new period of transformation characterized by increasing demands and enhanced investment activity.
Diana Shipping has aggressively re-entered negotiations to acquire Genco Shipping & Trading, with the company submitting a significantly improved offer. This move intensifies efforts to finalize a deal between the two shipping firms.
Safe Bulkers, a shipping company, has received official approval from the Capital Market Commission to list its shares on Euronext Athens, marking a new path for the presence of ocean-going shipping.
The United States launched new attacks on Iranian targets near Hormuz, which Iran retaliated by striking an American military base. This exchange of attacks occurred after the US rejected reports of a Hormuz agreement and imposed additional sanctions on Iran.
Teo Siong Seng has expanded his leave of absence to include his roles at NUS and shipping company PIL, following a US indictment. He also announced he will not seek re-election as Singapore Business Federation chairman when his term ends.
Polish transport, shipping, and logistics (TSL) companies are developing less-than-truckload connections across Central Europe. This expansion is driven by the evolving transport market and the growth of retail networks in the region.
Christophe Sauvat, the French designer and founder of Antik Batik, known for his hippie-chic style, has passed away. He had been living in Portugal since 2007.
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Muslims globally celebrated Eid al-Adha with prayers, family meals, and outings, while leaders in various countries urged tolerance, unity, and sacrifice. The celebrations were notably impacted in some regions by high costs of rams and blockades affecting sheep supply.
An investigation by Muckraker.Org has exposed a food stamp fraud pipeline where US taxpayer-funded groceries, intended for struggling Americans, are being shipped overseas and sold for profit.
Norwegian shipping magnate Fred. Olsen has stepped down as chairman of Bonheur after more than 70 years in the industry. His departure marks the end of an era for the prominent figure.
The 'Sveika, Neringa!' festival is set to kick off this Saturday, May 30th, in the Curonian Lagoon and Neringa coast, officially marking the start of the shipping and summer season.
Latvia plans to deploy drone fighters along its border with Russia, while NATO is set to strengthen its assigned forces in the Baltic states. This comes as EU officials warn of a dangerous moment and the possibility of Russia attacking NATO countries.
Athens is set to become the focus of the international surgical community by hosting the 34th Annual Congress of the European Association for Endoscopic Surgery (EAES), titled 'From Hippocrates to Modern Surgical Innovation,' from May 23.
Greek shipowners are investing over $60 billion in new 'green' vessels, leading an extensive shipbuilding program that spearheads the global transition to environmentally friendly shipping.
Lee Jae-myung visited Busan to advocate for his maritime vision, emphasizing efforts to develop the shipping and port industries as strategic sectors. He invoked the legacy of a conservative icon to bolster his proposals.