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Glencore to ship first cobalt cargo under Congo’s new quota system

Glencore GLEN has become the first miner to export cobalt under Democratic Republic of Congo’s new quotas, sending a small initial shipment to test...

GE Vernova and Seatrium secure a major contract from TenneT to connect North Sea wind power to Germany’s grid

GE Vernova and Seatrium announced that their consortium has been awarded a contract by TenneT to deliver a major part of BalWin5, a new...

Valaris announces multi-year contract award for Drillship VALARIS DS-8

Valaris Limited announced that it has been awarded a multi-year contract with Shell offshore Brazil for drillship VALARIS DS-8. The contract is expected to...

Hanwha Group wins Australian gov’t approval to acquire stake in Austal

Hanwha Group has received approval from the Australian government to acquire an additional stake in Australia-based shipbuilding and defense firm Austal, local media reported...

Iron ore slides as China demand outlook dims

Prices of iron ore futures slid on Thursday on elevated concerns over demand in top consumer China fueled by weakening steel consumption that has...

Baltic Index extends losses to near three-week low on falling vessel rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a near three-week low on...

Greek shipowners: Increased share in November orderbook

Greek shipowners continued the expansion of their newbuilding program in November, with the bulk carrier market emerging as a leading player. According to the new...

Seatrium secures repeat Jack-up Rig contract from International Maritime Industries for Kingdom 4

Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has been awarded a repeat contract by International Maritime Industries , the largest...

BOURBON signs a 5-year contract with ExxonMobil in Guyana

BOURBON announces the signing of a major 5-year contract (with extension options) with ExxonMobil Guyana Limited (EMGL) to provide maritime services in Guyana. It...

US seizes sanctioned oil tanker off coast of Venezuela, Trump says

The U.S. has seized a sanctioned oil tanker off the coast of Venezuela, President Donald Trump said on Wednesday, a move that sent oil...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

DHT Holdings Announces Record Second Quarter 2026 Results

DHT Holdings announced its results for the quarter ended June 30, 2026.

Dorian LPG posts record profit

Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), a leading owner and operator of modern very large gas carriers...

Star Bulk Carriers Reports Strongest Quarterly Results Since Second Quarter Of 2022

Star Bulk Carriers announced its unaudited financial and operating results for the second quarter of 2026.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...

Port of Klaipėda delivers strong performance in 1H2026

The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...

DP World Accelerates Port Decarbonization in Chile

DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...