Greek Harry N. Vafias led-Imperial Petroleum has agreed to acquire three Japanese-built drybulk carriers from entities affiliated with Brave Maritime Corp Inc.

Greek drybulk owner and operator EuroDry keeps its vessels on short term charters and considers entering into year-long charters for a portion of its fleet if the markets improve further.

The Greek Independent Authority for Public Revenue (AADE) has intensified its efforts against fuel smuggling, with particular emphasis on maritime operations.

Swedish cargo owners and charterers are committed to greener practices, but a lack of regulatory and economic incentives for smaller tonnage is hindering their progress,

Hong Kong-listed T.S. Lines Limited has confirmed a $245.12m order for four container ships in China.

Armenia and Azerbaijan signed a historic joint declaration for peace that would boost bilateral economic ties after decades of conflict and move them toward a normalization of their relations.