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Hapag-Lloyd publishes preliminary business figures for 2025

Hapag-Lloyd published preliminary business figures for 2025. Transport volume up 8%, to 13.5 million TEU Average freight rate 8% below prior-year level As expected, earnings trend below prior-year level Gemini synergies increasingly...

Odfjell SE fourth quarter and preliminary 2025 results

Odfjell SE reported preliminary full-year and fourth-quarter 2025 results, delivering a resilient financial result that demonstrates a robust business model. We also made continued...

Euroseas Ltd. announces 2-Year charter contract extension for its Feeder Containership, EM Spetses

Euroseas Ltd., an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced a new time charter contract...

Capital Maritime orders 11 VLCCs at Hengli

Capital Maritime and Trading has ordered 11 VLCC newbuildings at Hengli Heavy Industry at a price approaching USD 1.4 billion. The vessels are reportedly contracted...

MISC secures ExxonMobil charter for Papua New Guinea’s first offshore floating facility

MISC Bhd has clinched a landmark chartering contract from ExxonMobil PNG Ltd to supply a floating storage and offloading (FSO) unit in Papua New...

PPA hosts meeting for the TREASURE project

The Piraeus Port Authority (PPA S.A.), chaired by Han Chao, hosted a few days ago the 5th meeting of the European TREASURE project, which...

Greek shipowners: Strong role in transporting LNG from the US to Europe

Greek shipowners and entrepreneurs are leading the way in developing maritime corridors that will transport energy products from the US to Europe. The founder and...

India seizes three tankers in first action against dark fleet

The Indian Coast Guard seized three tankers that it said were involved in oil smuggling, the first sign of the country getting tough on...

Wärtsilä and Abu Dhabi Maritime Academy explore collaboration to meet marine decarbonisation and sustainability goals

Technology group Wärtsilä and Abu Dhabi Maritime Academy (ADMA) have signed a Memorandum of Understanding (MoU) to address the challenges and provide solutions for...

Nordic American Tankers sells oldest vessel in fleet

In a letter to shareholders, Nordic American Tankers revealed a sales agreement for a 2003-built suezmax tanker. “The sales price of the ship is $25...

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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...