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Korea ship engine makers outpace shipbuilders as China demand lifts orders

Hanwha Engine and HD Hyundai Marine Engine, the two leading domestic ship engine makers, secured as much work in the first half of this...

Oil prices dip over 6% after US, Iran pause fighting over weekend

Oil prices tumbled more than 6% on Monday after the ‌U.S. and Iran paused strikes over the weekend after two weeks of attacks, raising...

Saipem awarded new contracts in Ivory Coast and Italy by Eni worth approximately 800 million euro

Saipem has been awarded two new contracts, one offshore in Ivory Coast and one onshore in Italy, for a total value of approximately 800...

Rubico announces letter of intent for acquisition of a high specification Newbuilding MR Tanker

Rubico Inc., a global provider of shipping transportation services specializing in the ownership of vessels, announced it has entered into a letter of intent...

Russian gas cargoes to stay exempt as EU agrees new sanctions deal

Greek shipping company Dynagas will be allowed to continue carrying Russian liquefied natural gas as part of a compromise with other EU capitals to...

Greek shipowners expand dry bulk fleet with focus on conventionally fuelled vessels

Greek shipowners are continuing a broad renewal of their dry bulk fleets, with newbuilding orders remaining largely focused on conventionally fuelled vessels, according to...

DOF Group ASA – Further fleet optimisation through vessel transactions and update on Skandi Amazonas

DOF Group ASA announced two vessel transactions involving a total of six vessels as part of further fleet optimisation and high-grading efforts to strengthen...

Samsung Heavy Industries expands U.S. shipbuilding cooperation

Samsung Heavy Industries Co., a major South Korean shipbuilder, said Friday it will pursue broad cooperation with the U.S. shipbuilding industry as part of...

TOP Ships announces decision to sell M/Y Para Bellvm and exit the Megayacht Sector

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that it has decided to sell the M/Y Para...

Diana Shipping announces direct continuation of time charter contract for m/v Atalandi with Stone Shipping

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned...

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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...