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Buyers circle Seadrill as it plots exit from bankruptcy

Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore...

Wärtsilä Posts Improved Results; Warns of COVID uncertainty

Wärtsilä reported improved second quarter financial results. HIGHLIGHTS OF APRIL–JUNE 2021 • Order intake increased by 14% to EUR 1,154 million (1,011) • Service order intake increased...

Baltic index falls on lower capesize, panamax rates

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, inched lower on Tuesday due to slight weakness...

Intermodal Weekly Market Report [W28]

Dry Bulk Sales and Purchase activity has heated up during 2021, reaching record high levels during the first half of the year.

Brazil’s soybean exports seen lower on year in July

Brazil’s soybean exports to date in July are seen lower than a year earlier as farmers hoarding stocks stoke tight supply concerns, sources told...

FSRU Transgas Power delivered to Dynagas

Hudong-Zhonghua has delivered Transgas Power, the first FSRU it is building for Dynagas. The delivery ceremony was held at Hudong-Zhonghua’s yard in Shanghai on 15...

Tsakos sells feeder containership – brokers

Tsakos Shipping & Trading has reportedly sold feeder containership Sphene (3.398 TEU / blt 2007) at the price of USD 39 million. Sources suggest the...

Nordic American Tankers announces two fixtures

Nordic American Tankers has fixed two of its suezmax tanker vessels at higher rates. The company announced: 1) A few days ago we signed a...

Port of Virginia Sets New Fiscal Year Volume Record

The Port of Virginia set a new June cargo volume record having handled more than 281,000 TEUs, which is an increase of nearly 71,000...

Carnival Makes Plans for Additional Ship Restarts in September, October

Carnival Cruise Line announced that three more ships will resume guest operations in September, and another four in October – bringing the total number...

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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...