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MOL Inks long-term time charter deal for newbuilding VLCC

Mitsui O.S.K. Lines has ordered a new LNG-fueled very large crude carrier (VLCC), which will sail under a long-term time charter contract with Idemitsu...

Shipbuilding market showing signs of fatigue

The shipbuilding market is gradually showing signs of fatigue, with brokers stressing that after three years of robust orders and strong investment activity, the...

CK Hutchison confirms Aponte’s MSC is main investor in ports deal

CK Hutchison confirmed on Thursday that Italian billionaire Gianluigi Aponte’s family-run MSC Mediterranean Shipping Company is the main investor in a group seeking to...

Cadeler acquires additional jack-up vessel in strategic expansion to meet growing global O&M demand

Cadeler announced that it has agreed to acquire the Boqiang 3060 – a newly-constructed jack-up wind turbine installation vessel (WTIV) – from Shanghai Boqiang...

NORDEN collaborates with Microsoft to lower its maritime supply chain emissions

Danish shipping company NORDEN is working on a pilot project with Microsoft to help reduce its maritime supply chain emissions by allocating emissions reductions...

United Maritime posts USD 7.8 million net revenue in Q1

United Maritime Corporation announced its financial results for the first quarter ended March 31, 2025. The Company also declared a quarterly dividend of $0.01...

Dorian LPG achieves “good results” in volatile environment

Dorian LPG, a leading owner and operator of modern very large gas carriers reported its financial results for the three months and fiscal year...

Dalian iron ore rangebound as traders weigh China demand, higher shipments

Prices of Dalian iron ore futures traded within a thin range on Thursday as investors weighed resilient demand for the steelmaking ingredient in top...

Baltic dry index snaps 3-session losing streak on capesize strength

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday, breaking a three-session losing...

Fire at Chevron oil platform offshore Angola injures 17

Seventeen people were injured, four seriously, when a fire broke out in the early hours of Tuesday at Chevron's (CVX.N), opens new tab deep-water...

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Odfjell SE 2Q26: A strong financial result

Odfjell SE reported its results for the second quarter of 2026. The report shows a significantly higher financial result than in the previous quarter....

Navios Maritime Partners L.P. reports financial results for the second quarter and six months ended June 30, 2026

Navios Maritime Partners L.P., an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and...

C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

Onassis’ Olympic Shipping sells 15-year-old VLCC at record price as ADNOC continues buying spree

Market sources told Riviera that the Greek owner sold 2011-built, 319,368-dwt Olympic Leopard for...

Panama Canal to cap daily transits, anticipating severe El Niño

The Panama Canal ‌Authority will cap daily transits as of early September as it...

BIMCO: Global grain shipments fall 8% as attacks in the Black Sea escalate

“Over the last five weeks (week 29-33) global grain shipments have fallen 8% y/y,...

Three Chinese tankers U-Turn in Hormuz as risks remain high

Three China-linked supertankers have U-turned in the Strait of Hormuz as risks to shipping...

South Korea tests arctic shipping route to Europe

South Korea will flag off on Saturday a container ship bound for Europe via...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

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...