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Performace Shipping “well positioned to pursue fleet expansion initiatives”

Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, reported net income of...

Scorpio Tankers reports better than expected Q2 results

Scorpio Tankers Inc. reported its results for the six months ended June 30, 2025. The Company also announced that its board of directors has...

Baltic index extends at two-week low

The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, fell for a fourth straight session to a...

CMA CGM Group: Stable results in an uncertain economic environment

The Board of Directors of the CMA CGM Group, a global player in sea, land, air and logistics solutions, met today under the chairmanship...

Houthis say they hold 10 crew from Greek-operated ship they sank off Yemen

Yemen's Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C, which they attacked and sank in...

Boskalis – Allseas consortium awarded large offshore natural gas pipeline project in Taiwan

Boskalis and Allseas announced that their 50/50 consortium has been awarded a large contract by CPC Corporation Taiwan for the second offshore gas pipeline...

Royal Caribbean increases annual profit forecast

Royal Caribbean Group reported second quarter Earnings per Share of $4.41 and Adjusted EPS of $4.38. These results were better than the company's guidance due to strong...

Samudera Shipping Line reports strong 1H2025 net profit

Asian container shipping line Samudera Shipping Line reported a two-fold increase in net profit to USD41.8 million, from USD20.9 million in 1H2024. This came...

Hanwha Ocean swings to Q2 profit on high-end ships

Hanwha Ocean Co., a major South Korean shipbuilder, said Tuesday it returned to the black in the second quarter from a year earlier, backed...

Safe Bulkers posts Q2 profit; declares $0.05 dividend

Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and six-month periods ended June 30,...

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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...