The Council of the International Maritime Organization has concluded its 137th session by reaffirming the importance of preserving navigational rights and freedoms in accordance...
German shipping firm Hapag-Lloyd on Monday raised its outlook for the financial year, citing strong market demand and positive freight rate developments.
Hapag-Lloyd said it...
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...
Kongsberg Maritime ASA announced its results for the second quarter of 2026. A record-high order backlog driven by strong newbuild order intake and execution...
Strong demand and profitability continue to support containerships with capacities between 1,000 and 10,000 twenty-foot equivalent units (TEUs), while the short-term outlook for the...
Motor Oil and Aktor groups announced a preliminary agreement for Aktor to acquire a 50% stake in Dioriga Gas.
The transaction concerns the floating storage...
Oil jumped as the US and Iran exchanged fresh strikes, with the sides offering conflicting statements on whether the Strait of Hormuz remains open.
Brent...
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...
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 is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
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...
