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Panama Canal to decrease Neopanamax locks maximum draft to 49.5 feet

The maximum allowable draft at the Neopanamax locks at the Panama Canal is due to decrease to 49.5 feet, or 15.09 meters, from 50...

Baltic index rises for 5th session as panamax hits 1-month high

The Baltic Exchange’s dry bulk sea freight index rose for a fifth straight session on Monday supported by strong demand for panamax vessels, which...

Stena Drilling: New contract with TotalEnergies for Stena Spey

Stena Drilling announced a new contract with TotalEnergies for Mobile Offshore Drilling Unit (MODU) Stena Spey. The Operations for Stena Spey in the UKCS are...

EU, 13 Countries Join High Seas Treaty

The EU and 13 other countries including Canada, India and the United Kingdom have agreed to form a coalition to protect biodiversity in the...

S. Korea remains behind China in new ship orders in Jan

South Korea stayed behind China in global vessel order book in the new year despite strong gain versus December. According to Clarkson Research Services,...

Gibson Weekly Tanker Market Report [W06]

When Lopez Obrador was elected as the Mexican president, a key policy pledge of his election campaign was to rescue the country’s energy industry......

Return of Panama Canal extended wait times hits LNG market, freight economics

Increased transit volumes at the Panama Canal pushed wait times higher for clean petroleum product and unreserved LNG tankers during the week ended Jan....

Asian wheat buyers in a pickle on Australian quality downgrades

The global supply of high-quality wheat is set to tighten in the first half of 2022, as the commencement of the La Nina weather...

Solstad: Contract awards within renewable energy

Solstad Offshore ASA (Solstad) announced the following contract awards from clients within renewable energy for three of its subsea vessels (CSV): Normand Australis, a 150...

Port of Long Beach Has Busiest January on Record

The Port of Long Beach kicked off the new year with its busiest January on record, boosted by efforts to successfully move aging cargo...

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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...