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Costamare posts USD 95 mln net income in 1Q2025

Costamare reported unaudited financial results for the first quarter ended March 31, 2025 (“Q1 2025”). I. PROFITABILITY AND LIQUIDITY • Q1 2025 Net Income available to...

Capital Clean Energy Carriers sees Q1 profit jump 44%

Capital Clean Energy Carriers, an international owner of ocean-going vessels, released its financial results for the first quarter ended March 31, 2025. Key Quarterly Highlights New...

Iron ore slides on expectations of steel output cut in China

Iron ore prices dropped on Thursday, as traders weighed prospects of weakening demand amid fresh expectations of crude steel output cuts in top consumer...

Baltic Index falls to two-week low as capesize segment declines

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell to a more than two-week...

Maersk reports solid results in increasingly volatile environment

For the first quarter of 2025 A.P. Moller - Maersk A/S reports revenue growth of 7.8% to USD 13.3bn with EBIT increasing to USD...

Torm first quarter net profit comes in at USD 62.9 million

TORM reported Q1 2025 Results, Dividend Distribution, and Financial Outlook 2025. “TORM delivered a solid first-quarter result in line with our expectations despite continued geopolitical...

Bahri reports first quarter 2025 results with 18% net profit growth

The National Shipping Company of Saudi Arabia ("Bahri"), the Kingdom's leading shipping and logistics provider, announced its financial results for the first quarter of 2025 reporting an 18% increase in net profit to SAR 533 million, compared...

Teekay Tankers reports First Quarter 2025 Results and Declares Dividends

Teekay Tankers reported the Company's results for the quarter ended March 31, 2025 and announced that its Board of Directors has declared its fixed...

Okeanis Eco Tankers registers $500m of securities for sale

Okeanis Eco Tankers, announced today that it has filed with the U.S. Securities and Exchange Commission a shelf registration statement on Form F-3 on...

Costamare announces completion of the Costamare Bulkers Holdings Limited spin-off

Costamare announced that it has completed the spin-off of its dry bulk business into a standalone public company, Costamare Bulkers Holdings Limited. Each holder...

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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 slows through Strait of Hormuz after tanker attacks, data shows

Shipping through the Strait of Hormuz slowed over the weekend, data showed on Monday,...

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...

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...