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US launches new strikes on Iran after reinstating oil sanctions over shipping attacks

The U.S. military unleashed a new wave of strikes against Iran on Tuesday and revoked a license allowing the country to sell oil after...

Hormuz oil exodus sets stage for chaotic rebalancing act

Crude prices may be back near levels seen before the Iran war, but the surge in oil exports from the Middle East following the...

More stranded oil tankers exit Hormuz, adding to global supply

Three stranded tankers carrying 5 million barrels of crude oil were exiting the Strait of Hormuz on Wednesday, with two heading to Asia, shipping...

TotalEnergies must invest in Gulf pipelines to bypass Hormuz, CEO says

French oil major TotalEnergies needs to prioritise the building ​of pipelines that could export oil and gas from ‌the Middle East without ships going...

OCIMF appoints Chevron’s Don Davis as managing director

The Oil Companies International Marine Forum (OCIMF) has appointed Chevron general manager of global marine assurance Don Davis as its new managing director. Mr Davis...

Oil keeps flowing through Hormuz despite Iran saying it’s shut

Millions of barrels of oil continued to flow through the Strait of Hormuz this weekend even after Iran claimed to have closed the waterway...

Fenix Partners with Mira Bulk to target lower shipping costs

Fenix Resources Ltd advises that the Company has partnered with Mira Bulk Pte Ltd , a privately owned dry bulk vessel operator, to form...

Pan Ocean wins 20-year crude oil transport deal with SK worth 2.47 trillion won

Pan Ocean (028670), Korea's largest bulk carrier operator, has signed a 20-year long-term crude oil transport contract with SK Energy and SK Incheon Petrochemical,...

Oil falls to 3-1/2-month low after U.S., Iran sign ceasefire deal

Oil prices ​fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that ‌would end the...

Trump administration to immediately lift Iranian oil sanctions under new agreement

The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the...

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United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

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...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...