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APM Terminals to invest $550 mln in Peru’s Callao port

Dutch port operator APM Terminals will invest $550 million to expand Peru's Callao port starting in January, chief commercial officer for the company's Peru...

Solid October volume at port of Los Angeles puts 10 million container unit-mark within reach for 2025

The Port of Los Angeles processed 848,431 Twenty-Foot Equivalent Units (TEUs) in October, a solid performance given all the trade volatility this year. After...

Hoyer and VMS Group create a global one-stop partner for power and motion solutions

Hoyer, a global supplier of electric motors and automation solutions, and VMS Group, a leading marine service provider, announced the creation of Hoyer VMS...

Odfjell Drilling extension of Deepsea Nordkapp

Odfjell Drilling Ltd. announced that it has received signed confirmation from Aker BP ASA (“Aker BP”) that it will extend the firm contract period...

Samsung Heavy wins seven container ship order worth 1.9 trillion won

Samsung Heavy Industries said on the 20th that it won an order for seven container carriers from a shipowner in Asia for 1.922 trillion...

OceanPal announces SovereignAI’s total treasury holdings exceed $133 million of NEAR;Ticker symbol change to SVRN

OceanPal Inc. announced that its wholly owned subsidiary SovereignAI Services LLC, which is focused on commercializing the NEAR Protocol, disclosed its initial treasury update...

The Greek maritime industry at the forefront of EUROPORT 2025

Enterprise Greece once again supported the Greek participation in EUROPORT 2025, the International Exhibition for the complex shipbuilding industry and innovative technology, which took...

APM Terminals in Egypt celebrates 2.2 million TEU-expansion

The Suez Canal Container Terminal (SCCT) in Egypt marked the inauguration of its major expansion, adding new capacity and jobs to East Port Said....

Transocean announces exercised options totaling $89 million

Transocean Ltd. announced contract fixtures for one ultra-deepwater drillship and two harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $89 million in firm...

HMM and B International Shipping & Logistics, a BGN group company, establish Joint Venture to expand LPG Shipping Business

HMM, South Korea’s largest national carrier, has partnered with B- International Shipping and Logistics, a part of the BGN group of companies to establish...

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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...