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Supramax freight rate for trans-Atlantic corrects amid tonnage oversupply

The trans-Atlantic Supramax spot freight rates edged lower in April amid a tonnage oversupply in East Coast South America while disruptions to grains supply...

US Crude Stocks Surge on Strategic Reserve Release

U.S. crude stocks surged by more than 9 million barrels, in part due to releases from the nation’s strategic reserves, while gasoline and distillate...

MSC Lirica sets sails from Piraeus for summer 2022

MSC Cruises held a special celebratory event on board MSC Lirica in the port of Piraeus for nearly 150 members of the Greek travel...

MOL Signs First Agreements in Qatar’s LNG Carrier Newbuild Program

QatarEnergy has signed charter deals for four LNG carriers with MOL, completing an initial set of charter contracts awarded under its major shipbuilding program....

Safe Bulkers: Acquisition of One Capesize Class Dry-bulk Vessel

Safe Bulkers, an international provider of marine drybulk transportation services, announced that it has entered into an agreement for the acquisition of a 2012-built,...

Crowley & Shell Aim to Advance Decarbonization in Maritime

Continuing to demonstrate their commitment to decarbonization of the maritime sector, Crowley and Shell have entered into a memorandum of understanding with the aim...

Port of Los Angeles Posts Record March, Best First Quarter

The Port of Los Angeles processed 958,674 Twenty-Foot Equivalent Units (TEUs) in March, its third consecutive monthly cargo record. The Port completed its best...

Baltic index snaps 13-session losing streak as panamax gains

The Baltic Exchange’s dry bulk sea freight index snapped a 13-session losing streak on Tuesday, as gains in panamax outweighed losses in the capesize...

OPEC tells EU it’s impossible to replace potential Russian oil supply loss

OPEC has told the European Union that current and future sanctions on Russia could create one of the worst ever oil supply shocks and...

China’s crude oil imports surge in March; likely to fade amid COVID curbs

China’s imports of crude oil rebounded in March, but aren’t likely to grow much more for a while – fuel demand is wilting amid...

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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...