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Frontline posts solid quarter as supportive tanker fundamentals continue

Frontline plc, reported unaudited results for the six months ended June 30, 2023: Highlights Highest second quarter profit since 2008 of $230.7 million, or $1.04 per...

Waning vessel demand drags Baltic index lower

The Baltic Exchange’s main sea freight index recorded its lowest level in more than eight weeks on Thursday, as demand fell across vessel segments. The...

Globus Maritime orders two ultramax bulkers

Globus Maritime Limited, a dry bulk shipping company, announced that it has signed two contracts, through its wholly owned subsidiaries, for the construction and...

Port Of Los Angeles Cargo Volume Slips In July

The Port of Los Angeles moved 684,291 Twenty-Foot Equivalent Units (TEUs) in July as cargo shipments declined compared to last year’s record month.  “Global trade...

Greece: Four offers tabled for the port of Volos

Four bids were submitted to the tender for the acquisition of a majority stake of at least 67% in the share capital of the...

Navios Partners Reports Financial Results for the Second Quarter & Six Months Ended June 30, 2023

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

S. Korea’s Shipbuilding Order Backlog Hits 12-year High in H1

Shipbuilding exports are taking the lead in Korea’s exports in the first half of the year. During this span, Korea’s exports rose 11.9 percent...

Iron ore extends rally on China demand optimism

Iron ore futures extended gains on Wednesday, with prices in China surging more than 5%, as optimism grew about demand prospects in the world’s...

Lower capesize, panamax rates weigh on Baltic index

The Baltic Exchange’s main sea freight index fell for a fourth straight session on Wednesday, pressured by losses in the larger capesize and panamax...

Greeks playing leading role in dry bulk market

The chief executives of the US-listed shipping companies referred to the course of the markets on the occasion of the second quarter and first...

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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...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

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...

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...