Tuesday, August 25, 2026
HomeHeadlines

Headlines

Subscribe

To our FREE newsletter
Get all the latest maritime news delivered straight to your inbox.

Headlines

OPEC+ extends deep oil production cuts into 2025

OPEC+ agreed on Sunday to extend most of its deep oil output cuts for 2024 but to start phasing them out in 2025, as...

Global wheat buyers wrong-footed by sharp rally in prices

Wheat buyers in Asia, Africa and the Middle East, which account for two-thirds of global imports of the staple, have been caught out with...

TORM announces secondary public offering of its class A common shares by a selling shareholder

TORM announced the commencement of a secondary public offering of 6,896,552 of the Company’s Class A common shares by OCM Njord Holdings S.à r.l.,...

Performance Shipping sees Q1 earnings dip

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.4 million and net income attributable to...

Panama Canal increases vessel draft to 45 feet ahead of schedule and before rainy season arrives

The Panama Canal has issued an Advisory to Shipping Lines stating that it will increase the maximum authorized draft to 45 feet. This adjustment, originally...

OPEC+ working on complex production cut deal for 2024-2025, sources say

OPEC+ is working on a complex deal to be agreed at its meeting on Sunday that will allow the group to extend some of...

Posidonia 2024 venue overflows due to unprecedented exhibitor demand

The greatest shipping exhibition on earth starts on Monday 3rd June at the Athens Metropolitan Expo which will be flooded with over 40,000 maritime...

Frontline reports solid first quarter 2024 results, as it takes delivery of 13 VLCCs from Euronav

Frontline reported unaudited results for the three months ended March 31, 2024: Highlights Profit of $180.8 million, or $0.81 per share for the first quarter of...

BIMCO: Tanker shipping demand to rise by 10.2% in 2024, compared to 2022

Houthis continue to attack ships in the Red Sea and the Gulf of Aden, and there is no end to the conflict in sight....

Iron ore falls to two-week low after China reiterates steel output control

Iron ore futures slipped to a two-week low on Thursday, undermined by fears of falling demand in top consumer China after Beijing reiterated its...

Video

Latest Articles

Finance & Economy
Shipping News
Ports

KAMCO and Standard Chartered partner to boost foreign currency financing for Korean shipowners

South Korea's state-backed asset manager KAMCO has joined forces with Standard Chartered Singapore to expand smaller domestic shipowners' access to dollar-denominated funding. The initiative...

The Swedish Club reports strong financial performance amid challenging market conditions

The Swedish Club has reported a strong and disciplined financial performance for the first half of 2026, underpinned by improved underwriting profitability, continued premium...

Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Travlos: Greek shipping backs Liberia-Panama proposal for green transition

Greek shipping supports the proposal put forward by Liberia and Panama for the green...

UKMTO says tanker struck by unknown projectile off Saudi Arabia’s Yanbu

A tanker was struck by an unknown projectile 63 nautical miles west of the...

Iran threatens 45 tankers with fines, confiscation in Hormuz escalation

Iran said it had blacklisted 45 tankers that had broken its rules for crossing...

The Swedish Club reports strong financial performance amid challenging market conditions

The Swedish Club has reported a strong and disciplined financial performance for the first...

Iran grants permission for a number of Iraqi oil tankers to pass through Hormuz

Iran has granted permission for a number of Iraqi oil tankers to pass through...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

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...