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Rescued crew of Greek ship sunk by Houthis taken to Saudi Arabia

Ten mariners rescued after Houthi militants sank a Greek ship last week have arrived in Saudi Arabia, maritime security sources said on Monday, after...

Stena Bulk prepares to reflag first Suezmax under Swedish flag

Leading tanker shipping company Stena Bulk confirmed that it is in the final stage of executing its plan to reflag five of its Suezmax...

Tariff ‘whipsaw effect’ boosts June cargo to new record at port of Los Angeles

The Port of Los Angeles handled 892,340 Twenty-Foot Equivalent Units (TEUs) in June, 8% more than last year. It was the busiest June in...

DP World to develop Syria’s Tartus Port under landmark 30-year deal

DP World has signed a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports to develop and operate the Port of...

Seatrium: Expands sustainable finance framework with US$400 million sustainability-linked credit facility from UOB

Seatrium Limited announced that its wholly-owned subsidiary Seatrium Financial Services has successfully secured a US$400 million Sustainability-Linked Revolving Credit Facility with United Overseas Bank...

Genco Shipping & Trading closes new $600 million revolving credit facility, increasing borrowing capacity by 50%

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced it has closed a $600...

Iron ore futures rise on strong China trade data

Iron ore futures edged higher on Monday, buoyed by strong China trade data, although gains were limited by production curbs in major steelmaking regions...

Baltic dry index rises to four-week high on broad-based vessel gains

The Baltic Exchange’s main sea freight index, which tracks rates for vessels transporting dry bulk commodities, rose to a four-week high on Monday, supported...

US port operators seek to mitigate hefty expected tariffs on China-built port cranes

U.S. seaport operators are asking for extra time to implement pending tariffs on towering ship-to-shore cranes as they expect President Donald Trump's administration to...

Syria signs $800 million agreement with DP World to bolster ports infrastructure

Syria's General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE's DP World to bolster Syrian ports infrastructure...

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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...