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Samsung Heavy Industries secures order for 3 Crude Carriers

Samsung Heavy Industries announced on Oct. 24 that it had secured an order for three crude oil carriers from a Liberian shipowner for 341.1...

Heidmar Maritime Holdings Corp. expands crude and product tanker markets with strategic additions to managed fleet

Heidmar Maritime Holdings Corp. is strengthening its market position by adding super-eco vessels to its managed fleet under commercial and technical management agreements. These...

Diana Shipping announces direct continuation of time charter contract for m/v Semirio with Solebay and time charter contract for m/v Maera with CRC Shipping

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned...

Baltic index falls on weak capesize vessel rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell to a one-week low on Thursday,...

Shipping industry faces challenges amid rising insurance premiums

Shipowners are expected to face the eighth consecutive annual increase in maritime insurance premiums in 2026, due to the continued rise in the cost...

Βack-to-back shore power connections in Valletta, Malta, mark important milestone for MSC group’s cruise division

MSC Group’s Cruise Division has reached another major milestone in its decarbonization journey, as two of its vessels – MSC World Europa and EXPLORA...

EU Leaders to approve new Russia sanctions with LNG Ban

European Union leaders are expected to greenlight a 19th Russia sanctions package at a summit on Thursday after Slovakia dropped its objections. The package aims...

The London P&I Club opens representative office in Shanghai’s Pudong free trade zone

The London P&I Club announced the opening of its new Representative Office in Shanghai, located in the city’s dynamic Pudong district – designated by...

Evergreen orders 14 vessels in China & S. Korea

Evergreen has reportedly ordered a total of 14 LNG dual-fuel containerships in China and South Korea. According to a report by Intermodal, Evergreen’s order comprises...

Seatrium receives notice of arbitration from Maersk over US$475 million contract dispute

Seatrium shares have dropped more than 14% to close at $2.09 on Oct 21 after this dispute was announced. Seatrium has received a notice of...

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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...