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COSCO Shipping Heavy Industry delivers third LR2 to Pantheon Tankers

Yangzhou COSCO Shipping Heavy Industry successfully delivered the 114,000 dwt tanker Sea Orca (Hull No. N1172), built for Pantheon Tankers, owned by Anna Angelicoussis. Sea...

Vitol to load first diluent cargo under Venezuela supply deal

Commodities trader Vitol is expected to load the first cargo of naphtha from the U.S. to Venezuela this weekend under a new supply agreement...

Safe Caledonia contract further extended

Ithaca Energy (UK) Limited (‘Ithaca’) has exercised all three remaining weeks of options for the Safe Caledonia to continue providing accommodation support at the...

Hanseatic Global Terminals and GEN reach an agreement in ownership of FIT

Hanseatic Global Terminals and Grupo Empresas Navieras (GEN), via its affiliate Agunsa Universales S.A., have reached an agreement regarding the capital structure of Florida...

GTT receives order from Samsung Heavy Industries for the design of two new LNG Carrier Tanks

GTT has announced it has received an order from shipbuilder Samsung Heavy Industries for the design of the tanks of two new LNG carriers...

Beihai Shipbuilding Wins Contract for Two Bulkers

Beihai Shipbuilding has signed a contract with Seacon Shipping Group for the construction of two 210,000 DWT newcastlemax bulk carriers. The two vessels will be...

Icon Energy Corp. announces reverse stock split

Icon Energy Corp., an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today...

Mercuria redoubles metals push with $1.2 billion Kazakh deal

Mercuria Energy Group Ltd. is lending $1.2 billion to help fund the buyout of major Kazakh copper producer Kazakhmys, the latest in a breakneck...

CMB.TECH sells eight vessels

CMB.TECH NV has sold eight vessels, generating a capital gain of approximately 269.2 million USD in total. Euronav CMB.TECH has sold six VLCCs: Daishan (2007, 306,005...

Solstad Offshore ASA – Contract extension and amendment for Normand Turquesa

Reference is made to the previous press release dated 9 July 2025 regarding the four-year contract for the Anchor Handling Tug Supply (AHTS) Normand...

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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...