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Nordic American Tankers fixes suezmax for 12 months as ‘insurance policy’

Nordic American Tankers issued an announcement according to which the company has fixed one of its suezmax tankers on a 1-year charter as “insurance...

Gram Car Carriers set to raise $110m from Olso IPO

Gram Car Carriers has issued a $110m equity private placement in connection with its listing on Euronext Growth. The private placement will consist of a...

ConocoPhillips extends Solstad supply vessel charter

ConocoPhillips Skandinavia AS has exercised its option to extend present contract for the PSV Normand Supporter with 1 year. The contract is now firm...

COP26: US, Denmark & Other Nations Back Tougher Climate Target for Shipping

Denmark, the United States and 12 other countries on Monday backed a goal to reduce emissions by the global maritime sector to zero by...

Maersk to set up $136m logistics centre at Jeddah port

AP Moller-Maersk will invest $136 million over a 25-year period on an integrated logistics park at the Jeddah Islamic Port in Saudi Arabia. The...

MOL concludes Transition linked loan to finance “Gas Vitality”

Mitsui O.S.K. Lines, Ltd. announced the conclusion of a Transition linked loan, relying on a transition finance framework and the Sustainability-Linked Loan Principles, to...

Baltic index slips to 3-month low as vessel rates retreat

The Baltic Exchange’s dry bulk sea freight index declined to its lowest in nearly three months on Monday, as rates across its vessel segments...

Royal Caribbean expects profitable 2022

Royal Caribbean Group reported financial results for the third quarter of 2021 and provided business updates. The Company has worked aggressively to restart its...

Hapag-Lloyd Raises Earnings Outlook

Due to unabated global demand for container transports and the continuing disruptions in global supply-chains causing a shortage of available transport capacity, Hapag-Lloyd posted...

COP26 Summit: A Make or Break Chance To Avert Climate Disaster

The United Nations COP26 summit that starts in Glasgow this week has been billed as a make-or-break chance to save the planet from the...

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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...