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Hapag-Lloyd orders 24 new container ships

Hapag-Lloyd has signed two contracts with two Chinese shipyards for a total of 24 new container ships. Of these, 12 newbuildings – each with...

ONE announces financial results for FY2024 2nd quarter

Ocean Network Express (ONE) released the financial result for FY2024 2nd Quarter. The revenue for FY2024 2nd quarter was US$5,864million, up 65% from the...

Matson announces third quarter 2024 results

Matson, a leading U.S. carrier in the Pacific, today reported net income of $199.1 million, or $5.89 per diluted share, for the quarter ended September 30, 2024.  Net...

Maersk signs long-term methanol sourcing deal with LONGi

A.P. Moller - Maersk entered into a long-term bio-methanol offtake agreement with LONGi Green Energy Technology Co., Ltd. The agreement will contribute to lowering...

OOCL signs charter agreements with Seaspan for 6 new 13,000 TEU container vessels

Orient Overseas Container Lines entered into charter agreements on 22 October 2024 with Seaspan, to charter six brand new 13,000 TEU container vessels for...

Hapag-Lloyd raises outlook on stronger-than-expected demand

International shipping company Hapag-Lloyd HLAG.DE raised its full-year earnings guidance on Thursday citing stronger-than-expected demand and higher freight rates. Despite increased expenses from the diversion...

Navios Partners takes delivery of latest boxship

Navios Maritime Partners has taken delivery of the newly built containership Zim Seagull. The 5,300 TEU boxship is the latest in a series of...

Euroseas announces 3-year charter contracts for three Eco 2,800 teu feeder containerships

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

Maersk raises profit outlook on strong market

Danish shipping group A.P. Moller-Maersk opens new tab said on Monday it had raised its full-year forecasts on the back of strong third quarter...

Ocean Wilsons to sell its majority stake in Wilson Sons in $765 deal

Investment holding company Ocean Wilsons, opens new tab on Monday agreed to sell its 56.47% stake in its unit Wilson Sons, opens new tab...

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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...