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Intermodal Weekly Market Report [W41]

 The latest escalation in U.S.-China trade tensions marks a setback ronment. After a relatively calm summer, Beijing’s announcement of retaliatory port fees on U.S.-linked...

Iron ore slides on profit-taking as focus shifts to rising supply, weak steel

Iron ore futures retreated on Tuesday as investors booked profits after focus shifted back to expectations of growing ore supply in the rest of...

Baltic freight index falls after capesize vessel rates slump

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, declined on Tuesday, weighed down by a...

DHT says its fleet has no US links after China’s new port fee move

Oil tanker operator DHT Holdings said on Monday that its fleet does not fall under the scope of China's new special port fees targeting...

MPCC continues strategic fleet renewal with newbuild orders against long-term charters

MPC Container Ships has placed an order for two 1,600 TEU container vessels in combination with 8-year charters to one of the leading global...

Salzgitter AG and Oldendorff Carriers partner to decarbonize maritime iron ore transport

Salzgitter Flachstahl GmbH, a subsidiary of Salzgitter AG and Oldendorff Carriers have entered into a long-term agreement to reduce carbon emissions in the maritime...

Valaris announces contract award for Drillship VALARIS DS-12

Valaris Limited announced that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt. The contract...

Pacific Basin Shipping appoints Kristian Helt as Executive Director

The board of directors of Pacific Basin Shipping Limited announces that Mr. Kristian Helt has been appointed as an executive Director of the Company...

Thenamaris to boost fleet with USD 1 bln Frontline product tankers

Thenamaris is reported to be in advanced talks to acquire the entire LR2 tanker fleet from Frontline. According to various reports, the vessels involved are...

Maersk loses South Africa court bid blocking key port deal

A South African court dismissed a case brought by A.P. Moller-Maersk A/S against a port-expansion deal awarded to a firm headed by Filipino billionaire...

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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...