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Smaller vessel gains buoy Baltic index

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, edged up on Tuesday, supported by gains in...

Evergreen acquires eight more containerships

Evergreen Marine has reportedly acquired eight containerships worth approximately USD 94.1 million. Specifically, the company will boost its fleet with seven 1,600 teu vessels...

TORM Releases Second Quarter and Half-Year Report 2021

“In the second quarter of 2021, TORM achieved an EBITDA of USD 45m and a profit before tax of USD 2.4m, despite a market...

Scorpio Tankers: Purchase of Call Options by Company President

Scorpio Tankers announced that the President of the Company, Robert Bugbee, has purchased call options on an aggregate of 1,000,000 common shares (or 10,000...

OOCL: New Rail-Sea Service Links China with U.S. East Coast

OOCL Logistics and OOCL announced the launch of a brand-new multi-modal container service from China to the US East Coast, to help to meet...

Bidders Line Up for Israel’s Haifa Port with Final Sale in Sight

Four investment groups are looking to acquire the Israeli port of Haifa estimated to be valued as high as $600 million with formal bids...

Korean Shipbuilders’ Offshore Plant Order Book Expanding

Korean shipbuilders’ order book for offshore plant projects are expanding after a long order drought. Korea Shipbuilding & Offshore Engineering (KSOE) has recently signed...

Pyxis sees ‘positive signs’ for product tankers

Pyxis Tankers, an international pure play product tanker company, announced its unaudited results for the three and six month periods ended June 30, 2021. Summary For...

China goes from driver to brake for crude oil, iron ore and copper

China has switched from driving global demand for major commodities to being a drag on growth, with July’s customs data confirming the weakening trend...

Baltic index flat as smaller vessel gains counter capesize dip

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, was unchanged on Monday near the one-month peak...

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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...