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HD Korea Shipbuilding & Offshore Engineering announces new contract for tanker duo

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company of HD Hyundai specialized in shipbuilding, announced on April 2 that it has recently...

Saipem awarded new offshore contracts for a total amount of approximately 720 million USD

Saipem has been awarded new contracts in Middle East and Guyana for a total amount of approximately 720 million USD. The first contract encompasses the...

Dalian iron ore rises as resilient China demand outweighs US tariff woes

Iron ore futures strengthened on Wednesday, underpinned by resilient seasonal demand for the key steelmaking ingredient that countered trade war concerns ahead of looming...

Baltic index dip as rates across all vessels decline

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell for its seventh straight session on...

Diana Shipping celebrates 20 years on NYSE

Diana Shipping’s CEO Semiramis Paliou has pledged to continue to focus on the dry bulk market. Diana Shipping’s CEO rang the New York Stock...

Stena Line develops new concept vessel

Through optimal design and new technology, the new concept vessel Stena Futuro can reduce energy usage by 20 percent or more. One of Stena Line's central goals...

A.P. Moller Holding announces recommended voluntary purchase offer for all issued shares in Svitzer

A.P. Moller Holding, the largest shareholder in Svitzer Group A/S (Svitzer) has, through its wholly owned subsidiary APMH Invest A/S, announced a recommended voluntary...

The East Med in the Spotlight at PSTF – Challenges and Opportunities for Further Cruise Growth in the Region

As the 8th Posidonia Sea Tourism Forum (PSTF) opens its doors in Heraklion this May, the spotlight is firmly on the Eastern Mediterranean, where...

Mega-containerships are changing the market

The global shipping industry is once again at the center of attention for giant container ships, as their share of the global orderbook and...

Top Japanese shipping line fears US tariffs will slow cargo flows, president says

NYK, Japan’s largest shipping line, is concerned that U.S. President Donald Trump’s tariffs could push up the cost of automobiles and daily goods, denting...

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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...