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Costamare posts record 2021 profit

Costamare reported unaudited financial results for the fourth quarter (“Q4 2021”) and year ended December 31, 2021. I.    RECORD PROFITABILITY FOR Q4 2021 AND YEAR...

US LNG exporters emerge as big winners of Europe gas crisis

U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe’s supply crisis as they export record volumes to the European Union...

South Korea yards win most LNG newbuilding orders in Jan, Feb

Clarksons Research announced on March 8 that 41 shipbuilding orders (1.29 million CGT) were placed worldwide last month and South Korean shipbuilders won 16...

ZIM achieves ‘historically extraordinary results’

ZIM announced its consolidated results for the three and twelve months ended December 31, 2021. Fourth Quarter and Full Year 2021 Highlights Net income for...

OSG slides further into the red

Overseas Shipholding Group, Inc., a leading provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, reported results...

Baltic index scales near 3-month peak

The Baltic Exchange’s dry bulk sea freight index hit its highest in nearly three months on Wednesday, helped by a jump in rates across...

Siem Offshore announces plan for re-domiciliation

Siem Offshore Inc (SIOFF) announced a plan for a re-domiciliation of the company whereby a new Norwegian holding company will be established for the...

Jinhui Shipping and Transportation sells Supramax vessel

The Board of Jinhui Shipping and Transportation Limited announced that a wholly-owned subsidiary of the company entered into a memorandum of agreement on 8...

StealthGas Fourth Quarter & Twelve Months 2021 Financial & Operating Results

STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced its unaudited financial and...

Kawasaki Heavy Industries Says Hydrogen Tanker Test Proved Feasible

Kawasaki Heavy Industries (KHI) and other Japan-based firms said on Tuesday that a pilot project to transport hydrogen produced from brown coal in Australia...

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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...