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New handymax vessel for Nova Marine Carriers


New entry for the Nova Marine Carriers fleet. The Lugano-based group, controlled by the Romeo and Gozzi/Bolfo families, has taken delivery of a new 38,593 dwt handymax vessel in Shanghai. The vessel,…

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Baltic index rises on higher freight activity, fewer ships


The Baltic Exchange’s dry bulk sea freight index climbed on Wednesday, as rates across ship segments rose amid increased freight activity and some vessel shortages. The overall index, which factors…

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ESL Shipping commits to set science-based targets for GHG emissions reductions


ESL Shipping, the leading carrier of dry bulk cargoes in the Baltic Sea region, has joined the Science Based Targets initiative  and committed to setting both near-term and long-term company-wide…

PETRONAS awards seven new PSCs under Malaysia bid round 2023, and launches Malaysia bid round 2024


PETRONAS awarded Production Sharing Contracts  for six exploration blocks and one Discovered Resource Opportunities  cluster marketed under the Malaysia Bid Round 2023 , expected to garner more than…

Ørsted acquire full ownership of Sunrise Wind subject to award in New York 4 offshore wind solicitation


Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 % share of Sunrise Wind, a 924 MW offshore wind farm which would deliver power to New York. The acquisition is subject to…

McDermott and Baker Hughes safely complete Subsea Infrastructure in Northern Australia


McDermott, a premier engineering and construction company, and Baker Hughes, an energy technology company,  announced the safe completion of the installation of subsea infrastructure at the Ichthys…

Capital Product Partners announced the successful delivery of the LNG Carrier ‘Axios II’


Capital Product Partners, an international owner of ocean-going vessels, today announced that it successfully took delivery of the LNG Carrier (“LNG/C”) ‘Axios II’. Pursuant to the agreement to…

First cruise ship of the year arrived at the Port of Piraeus – A large increase in arrivals and passengers


The Management of PPA S.A. welcomed COSTA Deliziosa, the first cruise ship to arrive at the port of Piraeus in the new year, through a special ceremony with exchange of plaques and Christmas treats…

€400 million EIB backing to MYTILINEOS to accelerate renewable energy transition


New investment by MYTILINEOS to further accelerate the development and deployment of solar PV parks and battery energy storage across Greece and other EU countries Investment provides boost to…

“P&I Insurance Renewals: Navigating the 20th February 2024 Changes”


Understanding P&I Insurance in 2024 Protection and Indemnity insurance is a cornerstone of maritime commerce, safeguarding shipowners and operators against third-party liabilities. As we approach…

Port of Pireaus concludes the year with two prestigious awards – Diamond of the Greek Economy and True Leader 2023


As the year comes to close PPA S.A. proudly accepts two prestigious awards, in recognition of the company’s business excellence, marking another twelve months of modernization and progress, and the…

Diana Shipping announces release of its 2022 environmental, social and governance report


Diana Shipping a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced the release of its Environmental, Social and Governance Report (the “ESG…

CMA D ARGOUDELIS signed the diversity charter for Greek businesses


We are excited to announce an important milestone at CMA D. ARGOUDELIS & CO S.A., as we proudly sign the Diversity Charter for Greek businesses, confirming our commitment to promote a working…

Euroseas announces completion of works on retrofitting several items aiming to improve the efficiency on its Feeder containership, M/V Synergy Busan


Euroseas , an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced it has successfully completed the installation of a…

Port of Pireaus’s annual extensive corporate responsibility program once again reaches its peak this festive season with a series of charitable and support initiatives


In perfect alignment with the holiday spirit, PPA's comprehensive corporate social responsibility program reaches its peak once again this year with a series of diverse actions and initiatives of…

The Grimaldi Group acquires a majority stake in the Heraklion Port Authority


After a similar investment in the Port of Igoumenitsa, the Italian company continues its vertical integration strategy in Greece   This morning, the signing of the share purchase agreement officially…