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DP World to Invest USD $38M to Boost Container Capacity in Brazil In 2023

DP World is planning to invest USD $38 million in 2023 to expand and modernize its facilities located on the left bank of Brazil’s...

Hapag Lloyd: “A very successful 2022 with exceptionally strong results”

Hapag-Lloyd today published its annual report for 2022, the year of its 175th anniversary. According to the report, Hapag-Lloyd’s EBITDA increased to USD 20.5...

Global Ship Lease Reports Results for the Fourth Quarter of 2022

Global Ship Lease announced its unaudited results for the three months and year ended December 31, 2022. Full Year and Fourth Quarter 2022 Highlights - Reported...

Shell and Hapag-Lloyd collaborate on marine fuel decarbonisation and sign multi-year LNG supply agreement

Shell and Hapag-Lloyd today announced the signing of a multi-year agreement for the supply of liquefied natural gas (LNG) to Hapag-Lloyd’s ultra large dual-fuel...

ONE completes 4th successful biofuel trial

Ocean Network Express (ONE) is pleased to announce the successful completion of the biofuel trial onboard MOL ENDOWMENT.

OOCL Welcomes First of Six 24,000 TEU Megaships

Orient Overseas Container Line Ltd. (OOCL) took delivery of its first 24,188 TEU mega vessel, OOCL Spain, officially named at a ceremony held Thursday...

Atlas Reports Fourth Quarter 2022 Results

Atlas Corp. announced its results for the quarter ended December 31, 2022. Financial Highlights: Fourth quarter 2022 financial performance compared to fourth quarter 2021:Revenue increase of 1.9%...

Euroseas Reports Results for the Year and Quarter Ended December 31, 2022

Euroseas announced its results for the three-month period and full year ended December 31, 2022. Fourth Quarter 2022 Financial Highlights: Total net revenues of $42.9 million.Net...

DB Schenker and MSC Seal Important Biofuel Deal

DB Schenker is expanding its green ocean freight services and has secured an arrangement to use 12,000 metric tons of biofuel component for all...

Danaos reports USD 153 million net income in Q4

Danaos Corporation, one of the world’s largest independent owners of containerships, reported unaudited results for the fourth quarter and the year ended December 31,...

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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...