New office will coordinate technical assistance for countries in the region in the areas of maritime safety, security and environmental sustainability.

OceanPal Inc., a global shipping company specializing in the ownership of vessels announced that through a separate wholly-owned subsidiary it has signed a Memorandum of agreement to sell to a third party, the

A new era of offshore operations has begun with the successful delivery of REACH REMOTE 1, a 24-metre unmanned surface vessel (USV) designed by Kongsberg Maritime.

Τις μεσημβρινές ώρες χθες, ενημερώθηκε η Λιμενική Αρχή της Ηγουμενίτσας, ότι κατά την εκτέλεση του προγραμματισμένου του δρομολογίου του επιβατικού - οχηματαγωγού (Ε/Γ-Ο/Γ) πλοίου από το λιμάνι της Βενετίας για Ηγουμενίτσα και Πάτρα διαπιστώθηκε βλάβη στην αριστερή κύρια μηχανή.

CMA D. ARGOUDELIS & CO S.A. proudly announces its inclusion in the inaugural Great Place to Work® “Best Workplaces™ in Professional Services & Consulting Hellas 2025” industry list.

BYD has launched the world’s largest vehicle carrier that can accommodate up to 9200 cars. The BYD Shenzhen, named after the company’s hometown, recently undocked from Yangzhou Port.

LNG

Hopes for a slight revival in spot LNG shipping rates faded quickly this week. The influx of newbuild tonnage into the market, combined with limited cargo demand, created a significant imbalance.

Clean

LR2

MEG LR2’s began the week continuing upwards with strong momentum only to then pause. TC1 75kt MEG/Japan climbed another 41.39 points to WS174.17. A voyage West on TC20 90kt MEG/UK-Continent went from $3.81m to $4.42m.

Capesize

The Capesize market experienced a mixed week, beginning strongly before losing ground as the days progressed. Monday saw the BCI 5TC rise to $13,391, driven by a pickup in Pacific activity and tightening tonnage in the North Atlantic.

We are thrilled to announce the signing of a Strategic Partnership Agreement between Hyundai LNG Shipping and PaxOcean, marking a significant milestone in our collaboration journey.