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Wallenius Wilhelmsen secures $140 million heavy equipment shipping contract

Wallenius Wilhelmsen enters into a three-year shipping contract with one of the world’s leading construction and mining equipment manufacturers. The contract is estimated to...

Ocean Yield increasing its investment in Geogas LNG

Ocean Yield AS announced last year an investment in Geogas LNG, which provided an indirect economic interest of 34% in the French company France...

Ardmore Shipping Corporation announces Financial Results for the three months ended March 31, 2025

Ardmore Shipping Corporation announced results for the three months ended March 31, 2025. Highlights and Recent Activity Reported Adjusted earnings and net income attributable to common stockholders...

Genco Shipping & Trading Limited announces Q1 2025 Financial Results

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the...

Excelerate Energy reports strong first quarter 2025 results and raises full-year guidance

Excelerate Energy reported its financial results for the first quarter ended March 31, 2025. RECENT HIGHLIGHTS Reported Net Income of $52.1 million for the first quarter Reported...

Pyxis Tankers announces loan commitment for potential fleet expansion

Pyxis Tankers, an international shipping company, announced that it had signed a commitment letter with an existing bank for a “hunting license” loan facility...

Navios Partners: Q1 revenues and profits down on lower charter rates

Navios Maritime Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the first quarter ended March...

Evalend Shipping linked to tanker order at HD Hyundai

South Korea’s HD Hyundai has confirmed it has received an order for the construction of two 157,000-dwt tankers, valued at approximately USD 180 million. Deliveries...

Iron ore touches nearly 2-week high on China stimulus, Sino-US trade talks

Iron ore futures rose on Wednesday to their highest levels in nearly two weeks, supported by China’s latest stimulus measures, although gains were capped...

Baltic Index falls as capesize segment declines

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, fell on Wednesday, as lower rates...

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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...