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Performance Shipping reports strong 9M financial results

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $3.9 million for the third quarter...

Baltic Index up for ninth consecutive session

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose for a ninth consecutive session on...

MISC Group financial results for the third quarter of 2025

Zahid Osman, MISC President and Group CEO said, “MISC achieved stronger profitability and higher operating cash flows to date reflecting stronger operational agility despite...

ONE issues update on ONE Henry Hudson incident

A fire broke out aboard the 8,212 teu ONE Henry Hudson while docked at Yusen Container Terminal in the Port of Los Angeles late...

Shipping: Investments in new ships pose high “green” risk

Two Greek shipowners, Dr. Nikos Tsakos and Stamatis Tsantanis, focused on the risk of investing in new ships, as a result of the great...

Egypt: Petroleum Ministry, SCA pen deal for LNG fueling station in Port Said

The Ministry of Petroleum and Mineral Resources and the Suez Canal Authority (SCA) signed a memorandum of understanding (MoU) to establish a liquefied natural...

FRO – Third quarter and nine months 2025 results

Frontline reported unaudited results for the three and nine months ended September 30, 2025: Highlights Profit of $40.3 million, or $0.18 per share for the third...

Diana Shipping announces proposal to acquire remaining shares of Genco Shipping & Trading Limited

Diana Shipping announced that it has submitted a letter to the Board of Directors of Genco Shipping & Trading Limited setting forth a proposal...

Iron ore futures snap two-day slide on China policy signals, supply disruptions

Iron ore futures rebounded on Monday, breaking a two‑session losing streak, as policy support headlines from China and fresh supply disruptions fueled bullish sentiment. The...

Baltic Index rises to near two-year high as larger vessel rates firm

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to its highest in nearly two...

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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...