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U.S. scraps three offshore oil and gas drilling auctions

The Biden administration on Wednesday said it would scrap three planned sales of offshore oil and gas leases in Alaska and the Gulf of...

Europe’s Snub of Russian Oil Opens Door for OPEC’s Minor Players

The OPEC nations that have stepped up to replace Russian oil flows to Europe aren’t the giants of the Middle East. Instead, some of...

SFL profits from vessel sales to Frontline & MSC

SFL Corporation Ltd. announced its preliminary financial results for the quarter ended March 31, 2022. Highlights • 73rd consecutive quarterly dividend declared, $0.22 per share • Operating...

Teekay to Complete FPSO Business Exit By End of 2022

Teekay Corporation reported results for the three months ended March 31, 2022. These results include the Company’s publicly listed consolidated subsidiary, Teekay Tankers Ltd. (Teekay...

Hapag-Lloyd with extraordinarily strong start to the year in Q1

Hapag-Lloyd has concluded the first quarter of 2022 with an EBITDA of USD 5.3 billion (EUR 4.7 billion). The EBIT rose to USD 4.8...

Euronav announces first quarter 2022 results

Euronav NV reported its non-audited financial results for the first quarter ended 31 March 2022. Hugo De Stoop, CEO of Euronav said: “The conflict...

Baltic index rises for 9th consecutive session on higher capesize rates

The Baltic Exchange’s main sea freight index rose for the ninth session in a row on Thursday, propelled by higher rates for capesize segment....

Subsea 7 awarded contract offshore Trinidad and Tobago

Subsea 7 announced the award of a sizeable project by BP for the TOPR project located offshore Trinidad and Tobago, in water depths of...

Atlas continues its solid financial results in Q1

Atlas announced its results for the quarter ended March 31, 2022. Highlights: First quarter 2022 financial performance compared to first quarter 2021: Revenue growth of 9.5% to...

HMM to Deploy More Vessels as Port Congestion Persists

HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s...

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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...