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Istanbul Strait traffic halted as ship from Ukraine runs aground

Maritime traffic through the Istanbul Strait was suspended on Thursday after a ship coming from Ukraine malfunctioned. Lady Zehma, a 173-meter-long (567-foot-long) vessel, ran aground...

Seadrill announces sale of seven jack-ups

Seadrill announced that it has entered into a binding Share Purchase Agreement with subsidiaries of ADES Arabia Holding Ltd. to sell the legal entities...

Wärtsilä engines selected for new Articulated Tug Barges

The technology group Wärtsilä will supply the engines for two new Articulated Tug Barges (ATBs), designed by Robert Allan Ltd and built by Estaleiro...

Baltic index bounces back as capesize sees best day in over 2-yrs

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday after rates for bigger vessel segments...

Oil leaking from stricken cargo ship off Gibraltar

A bulk carrier that collided with a liquefied natural gas tanker off Gibraltar is leaking fuel oil, the government of the tiny British territory...

Avance Gas secures financing for last two newbuild dual-fuel VLGCs

Avance Gas has raised ‘very attractive long-term financing’ for the last two vessels in its series of six 91,000 cbm-capacity carriers that can operate...

Russia Shells Grain Silos at Ukraine’s Second Biggest Port

Grain silos in Ukraine’s second biggest port, Mykolaiv, were hit by Russian shelling of the city on Tuesday, causing a fire that was still...

ZIM: Large-Scale Long-Term LNG Bunkering Agreement with Shell

ZIM announced the signing of a ten-year marine liquefied natural gas sales and purchase agreement, valued at more than one billion US Dollars, with...

Global Ship Lease Announces Forward Charter Agreements

Global Ship Lease announced that it has entered into new multi-year charters with Hapag-Lloyd for six ECO 6,900 TEU ships. The new charters are...

Weak demand across vessels drags Baltic index to worst month in over 2 years

The Baltic Exchange’s main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell on Wednesday and registered its biggest monthly decline...

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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...