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Matson warns tariffs could lead to ‘meaningfully lower’ earnings

Matson, a leading U.S. carrier in the Pacific, reported net income of $72.3 million, or $2.18 per diluted share, for the quarter ended March...

GTT takes decisive step forward in Digital sector with Danelec acquisition

GTT announces the signing of an agreement with the European investment fund Verdane to acquire Danelec, a leading provider of advanced digital solutions for...

Greece a leader in tanker orders

The order book for new ships has skyrocketed, with Greek shipowners leading the tanker market, as 1 in 4 tankers in the water is...

Shell is studying merits of buying BP, Bloomberg News reports

Shell, is working with advisers to evaluate a potential acquisition of rival BP Plc (BP.L), though it is waiting for further stock and oil...

AD Ports Group and Egypt’s Suez Canal Economic Zone sign agreement to develop KEZAD East Port Said Zone

AD Ports Group, a global enabler of trade, transport, logistics, and industry, and the General Authority for Suez Canal Economic Zone (SCZONE), the integrated...

European Maritime Finance appoints new CEO

European Maritime Finance has announced Torben Degn as its new CEO. He has stepped down from his role as chief investment officer (CIO) at Selected...

Syria signs new 30-year deal with French shipping giant CMA CGM

Syria on Thursday signed a 30-year deal with French shipping and logistics group CMA CGM that includes building a new berth at Latakia...

DOF Group – Contract award for Skandi Achiever and extension for Skandi Salvador

DOF Group ASA announced that Skandi Achiever has been awarded an offshore service and survey contract in Brazil in support of a SURF project...

Dorian LPG declares irregular cash dividend of $0.50 per share

Dorian LPG announced that its Board of Directors has declared an irregular cash dividend of $0.50 per share of the Company’s common stock. The total...

Fairfax Financial Holdings Limited: Financial Results for the First Quarter

Fairfax Financial Holdings Limited announces net earnings of $945.7 million ($42.70 net earnings per diluted share) in the first quarter of 2025 compared to...

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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...