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Ardmore Posts $7.9 Million First Quarter Net Loss

Ardmore Shipping Corporation announced results for the three months ended March 31, 2022. Highlights and Recent Activity Reported a net loss of $7.9 million for...

Navios Partners Acquires 4 Newbuilding Tanker Vessels; Two Related Charter Deals

Navios Maritime Partners announced that it agreed to purchase four 115,000 dwt LR2 newbuilding vessels, for a purchase price of $58.5 million each (plus...

Brazil commodities sales to Arab nations soar

Brazilian exports to the 22 countries in the League of Arab Nations rose in the first quarter amid a spike in agricultural commodities prices...

Maersk in talks with buyers for stake as quits Russia

Maersk has found possible buyers for its stake in Global Ports Investments, which operates ports in Russia as it withdraws from the country following...

Baltic index nears 6-week peak on capesize, panamax gains

The Baltic Exchange’s main sea freight index rose to a near six-week high on Wednesday, helped by higher rates for capesize and panamax segments....

Greece’s launches new FSRU in Alexandroupoli

The official launch of a new floating storage regasification unit (FSRU) at Alexandroupoli was held yesterday, marking an important milestone not only for Greece’s...

Petrobras investing in offshore revitalization projects

Petrobras is looking at new revitalization projects for its Albacora, Barracuda, Caratinga, Marlim Sul and Marlim Leste fields, in the Campos basin. The information...

Euroseas to Acquire two 4,250 teu Container Vessels, built in 2005 and 2007

Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced that it has agreed to acquire M/V...

Qatar Reclaims Crown From U.S. as World’s Top LNG Exporter

Qatar reclaimed the crown as the world’s top liquefied natural gas exporter from the U.S. just as the end of winter lowered demand for...

Chevron Joins Gulf of Mexico Carbon Capture & Storage Project

Chevron, through its Chevron New Energies division, Talos, through its Talos Low Carbon Solutions division, and Carbonvert announced a memorandum of understanding for an...

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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...