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Dry Cargo

Genco Shipping & Trading rejects revised, non-binding indicative proposal from Diana Shipping Inc.

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, announced that its Board of Directors...

Navios Maritime Partners steps away from post-panamax vessels

Navios Maritime Partners sold the last post-panamax vessel as part of a broader fleet renewal program that Angeliki Frangou launched in the summer of...

NYK Group fully acquires Saga Welco AS, a leading open-hatch vessel operator

NYK Group has reached an agreement with the Norwegian shipping company Westfal- Larsen Group to fully acquire Saga Welco. Saga Welco, a Norwegian shipping operator...

Seanergy Maritime announces the acquisition of two japanese capesize newbuildings and sale of older vessel

Seanergy Maritime Holdings Corp. announced that it has agreed to acquire two scrubber-fitted 181,500 dwt Capesize vessels to be constructed at a first-class shipyard...

Pangaea Logistics Solutions Ltd. reports financial results for the fourth quarter ended December 31, 2025

Pangaea Logistics Solutions Ltd., a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended December 31, 2025. FOURTH...

Precious Shipping seals $49.80m Japanese lease for four bulkers

Thailand’s Precious Shipping Public Company Limited (PSL) reported that four of its wholly owned Singapore subsidiaries, namely Precious Glories, Precious Wisdom, Precious Sparks and...

Lauritzen Bulkers reports good performance in a challenging year

Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid market shifts, tariff-related disruptions, and heightened geopolitical uncertainty. In this...

Danaos adds two more newcastlemax newbuildings at Chinese yards

Danaos Corporation has ordered two more Newcastlemax newbuildings at Chinese shipyards, implementing a diversified investment program to build four ships. The company confirmed the new...

Jinhui Holdings sells Ultramax bulk carrier for $23m

Jinhui Holdings has signed an agreement to sell the Ultramax bulk carrier Jin Ping to Hongkong Yiming Shipping for $23.455 million. Jinping Marine, an...

Star Bulk to acquire 16 vessels from Diana Shipping Inc. conditional upon the success of its offer to acquire Genco Shipping & Trading Ltd

Star Bulk Carriers Corp. announced it has entered into a conditional Sale and Purchase Agreement to acquire sixteen vessels from Diana Shipping Inc. subject...

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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...