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Multi-week lows across vessel segments drag Baltic index to 12-week low

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a near 12-week low on Tuesday, with all...

Gram Car Carriers signs 5-year TC for Viking Sea

Gram Car Carriers announced it has signed a five-year contract with Zim Integrated Shipping Services Ltd. for the mid-size vessel MV Viking Sea (4,200...

Performance Shipping: New loan facility to finance acquisition of 6th Aframax Tanker

Performance Shipping announced that it has entered into an agreement for a new amortizing term loan facility of up to approximately US$31.9 million with...

Russia’s Crude Oil Shipments To Crucial Asian Markets Falter

Russia’s seaborne crude exports in the seven days to July 1 rebounded from the previous week’s plunge, but shipments to Asia are slipping, even...

Iron ore extends sell-off as China demand outlook darkens

Dalian and Singapore iron ore futures tumbled on Monday, weighed by a gloomy demand outlook for the steelmaking ingredient in China, where many steel...

S. Korean Shipbuilders Account for Nearly 70% Global LNG Carrier Orders

Global orders for LNG carriers totaled 7,678,585 CGT (89 standard ships) in the first half of this year, according to Clarkson Research, a British...

Oil could hit $380 if Russia slashes output over price cap – J.P. Morgan

Brent prices could soar to a “stratospheric” $380 a barrel in “the most extreme scenario” of Russia slashing oil production by 5 million barrels...

Lower demand for vessels drags Baltic sea freight index to 11-week low

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, dropped towards an 11-week low on Monday, on lower...

HHLA, EUROGATE delay cooperation talks

Logistics providers Hamburger Hafen und Logistik AG (HHLA) and EUROGATE will delay talks on future cooperation in the face the ongoing Russia-Ukraine conflict. A joint...

DSME cancels second LNG carrier order by Sovcomflot

Daewoo Shipbuilding & Marine Engineering (DSME) has cancelled the second of three ordered liquefied natural gas carriers ordered by Russia’s Sovcomflot, after the client...

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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 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...

Yemen’s Houthis Deny Plans To Impose Fees On Ships Sailing Through Red Sea

Yemen’s Houthi-run maritime coordination body denied on Saturday that it planned to impose fees...

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...