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Baltic index hit its highest in more than 6-weeks

The Baltic Exchange’s dry bulk sea freight index extended its rally on Tuesday to hit its highest in more than six weeks, supported by...

Performance Shipping signs shipbuilding contract for the construction of a newbuilding LR1 tanker vessel

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, announced that, through a separate wholly-owned subsidiary, it has signed a...

Transocean agrees offshore drilling contract

Transocean announced a 365-day contract extension for the ultra-deepwater drillship Deepwater Asgard at a rate of $505,000 per day. The contract was awarded by...

Viking shares surge in NYSE debut

Shares of Viking Holdings rose 9% in their debut on the New York Stock Exchange on Wednesday, giving the travel and cruising company a...

Valaris reports first quarter 2024 results

Valaris Limited reported first quarter 2024 results. President and Chief Executive Officer Anton Dibowitz said, “I am very pleased with our start to 2024 as...

China overtakes Japan in April as Australia’s top coal market

Australia shipped more coal to China than Japan in April, the first time this has happened in any month in more than four years,...

The DOF Group wins multiple contracts with Petrobras

The DOF Group wins multiple contracts with Petrobras The DOF Group announced that Petrobras has awarded new long-term charter and service contracts to Norskan Offshore...

OceanPal announces time charter contract for m/v Baltimore with Richland Bulk and the sale of m/v Baltimore

OceanPal, a global shipping company specializing in the ownership of vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time...

China COSCO may seek arbitration over exclusivity rights to Peru mega-port

The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal...

G7 agree deal to quit coal by 2035, but with caveat

Energy ministers from the Group of Seven (G7) major democracies agreed on Tuesday to end the use of coal in power generation “during the...

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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...