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Five more countries back 2050 zero emissions target

At least five more countries now support aligning the IMO’s climate goals with the Paris Agreement. The Cook Islands, Mexico, Myanmar, Colombia and Malaysia...
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China May iron ore imports up 3% on supply chain easing

China’s iron ore imports rose 3% in May from the same month a year earlier, customs data showed on Thursday, after disruptions to shipments...
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China May coal imports fall on weak demand – customs

China’s coal imports fell in May after a strong rebound in the previous month, official data showed on Thursday, as cheap domestic sources and...
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Financing Decarbonisation of Shipping Needs Creative Solutions & Owners Want To Be Heard

Shipping is required to face the complex challenges placed by the progressively stricter IMO and EU environmental legislation and the financial issues related thereto,...
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Hyundai Glovis to build world’s biggest CO2 carrier

Hyundai Glovis is set to develop the world’s largest carbon dioxide carrier, with a 74,000 cu m capacity. The South Korean owner will work...
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Greek Court Overturns Decision Allowing U.S. Seizure of Iranian Oil Cargo

A Greek court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of...
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Iron ore slips as Chinese steelmakers face margin pressure

Benchmark iron ore futures in Asia fell on Wednesday, with the key Dalian contract extending losses to a second session, as reduced profitability at...
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Russia hikes oil exports from major Eastern port to help offset EU ban

Russia is ramping up oil exports from its major eastern port of Kozmino by about a fifth, aiming to meet surging demand from Asian...
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Capital Ship Management, LR explore use of biofuels in pilot research project

Capital and Lloyd’s Register (LR) will trial the use of biofuels in a new pilot project to support the maritime industry’s research for low...
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Baltic index touches over 1-month low on weak demand across vessels

The Baltic Exchange’s main sea freight index extended losses to hit a more than one-month low on Wednesday, pressured by lower rates across all...
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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...

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