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Ships stranded in Ukraine as conflict slows UN rescue efforts

With more than 1,000 seafarers stranded on ships in Ukrainian ports and food supplies running low, the United Nations is pressing for their safe...

Saudi Arabia may raise May crude prices to Asia to new record levels

Top oil exporter Saudi Arabia is expected to raise crude prices to Asia in May to new highs, tracking strong gains in Middle East...

Baltic index down for fifth session as panamax, supramax rates retreat

The Baltic Exchange’s dry bulk sea freight index extended losses for a fifth consecutive session on Wednesday, weighed down by lower rates for panamax...

P&O Ferries Rejects Government Plea to Rehire Fired Workers

P&O Ferries on Tuesday rejected the British government’s request to rehire 800 workers it fired without notice two weeks ago, saying that doing so...

Maersk Warns Shanghai Lockdown Will Increase Shipping Costs Further

Danish shipper Maersk said the Shanghai lockdown will severely hurt trucking services and increase transport costs, as China’s intensifying efforts to fight the spread...

Maersk Supply Service to construct pioneering WTIV for Equinor and bp

Since 2019, Maersk Supply Service has been developing an innovative concept for the installation of offshore wind turbines, using a new design for a...

Korean shipbuilders bracing for fallout from Russia war

Russia’s invasion of Ukraine, which has added to disruptions caused by the ongoing coronavirus pandemic, has created increasing uncertainty for most industries, with shipbuilding...

Mitsubishi Shipbuilding to Build LNG Bunkering Vessel

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries, Ltd. (MHI) Group based in Yokohama, has concluded a contract with KEYS Bunkering West...

Baltic index down for fourth session as vessel rates decline

The Baltic Exchange’s dry bulk sea freight index fell for a fourth straight session on Tuesday as rates across vessel segments declined. The overall index,...

Dalian iron ore hovers near 7-month high on China stimulus hopes

Prices of steelmaking ingredients in China climbed on Tuesday on hopes for additional policy support to shore up the world’s second largest economy and...

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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...