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Maersk Product Tankers sells MR vessel

Maersk Product Tankers has reportedly sold its 40,083 dwt MR tanker vessel ‘Maersk Erik’, built at SLS in 2008. The price received by the...

U.S. imposes Nord Stream 2 sanctions

The Biden administration on Friday slapped sanctions on a Russian ship and two companies involved in the Nord Stream 2 gas pipeline, but opponents...

Port of Long Beach: New 3.3 Million TEU Capacity Container Terminal Completed

The Port of Long Beach ushered in the next era of environmentally sustainable operations with the completion of the Long Beach Container Terminal at...

Workplace disasters, strikes stress Hyundai Heavy ahead of planned IPO

The planned initial public offering (IPO) of Hyundai Heavy Industries (HHI) next month appears to face obstacles, with deadly industrial accidents and strikes affecting...

Ship that blocked Suez Canal in March, crosses the canal again

The giant container ship Ever Given, which blocked the Suez canal for six days in March, crossed the waterway on Friday for the first...

China’s oil imports plummet 20% for 2nd straight month

China’s oil imports are plunging as Beijing cuts supplies to dirty local oil refineries. Oil shipments to the world’s largest crude importer fell 20%...

BIMCO – Chinese iron ore imports fall to 14-month low in July

Chines iron ore imports fell to 88.5 million tonnes in July, the lowest level since May 2020. The fall in July means that accumulated...

Avance Gas profit down in Q2; solid export levels from the U.S.

Avance Gas Holding Ltd released financial results for the second quarter 2021:

Strong momentum in capesize segment lifts Baltic index higher

The Baltic Exchange’s main sea freight index extended its winning streak to eight sessions on Thursday, supported by a surge in rates across vessel...

RCL enters Neo-Panamax segment

Regional Container Lines (RCL) is moving into the Neo-Panamax sector with the acquisition of two 12,000 TEU ships for a reported USD 115 million...

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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...