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International Seaways announces leadership transition

On November 22, 2024, Mr. Douglas Wheat resigned from the Board of Directors of International Seaways, and from his role as Chairman of the...

StealthGas 9M net income at all-time record

StealthGas, a ship-owning company serving the liquefied petroleum gas sector of the international shipping industry, announced its unaudited financial and operating results for the...

Diana sees Q3 profit drop;declares USD 0.01 dividend

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $3.7 million and...

Iron ore rises on firmer steel outlook, but trade tensions cap gains

Iron ore futures strengthened on Monday, buoyed by stronger global steel production, although mounting trade tensions surrounding top consumer China capped gains. The most-traded January...

Baltic index hits more than two-week low as larger vessel rates dip

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell to its lowest level in more...

ADNOC statement on recent media reports

Abu Dhabi National Oil Company, the current majority shareholder of 90% of the ordinary shares in ADNOC Gas, notes recent media reports about a...

Kenon Holdings selling ZIM shares

Kenon Holdings announced updates with respect to its holding of ordinary shares of ZIM Integrated Shipping Services Ltd. (“ZIM”). In June 2024, Kenon announced...

Results of the reopening of the public takeover bid on CMB.TECH NV launched by CMB NV

CMB.TECH NV announced that the acceptance period of the reopening of the public takeover bid launched by CMB NV on all shares in CMB.TECH...

INTERTANKO elects a new managing director

INTERTANKO’s Council of Members has confirmed that Tim Wilkins is to succeed Katharina Stanzel as Managing Director from January 1, 2025. Stanzel has served as...

Solstad Offshore announces multiple new contracts worth $60m

Solstad Offshore ASA announced multiple new contracts and contract extensions, representing around 900 vessel days. The combined value of the contracts is approx. USD...

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EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

CMB.TECH announces q2 2026 results

CMB.TECH NV reported its unaudited financial results today for the second quarter ended 30 June 2026.

2020 Bulkers– Results for the second quarter of 20262020 Bulkers 

2020 Bulkers Ltd. announced its unaudited financial and operating results for the three and six months ended June 30, 2026. Key events during the second...

KAMCO and Standard Chartered partner to boost foreign currency financing for Korean shipowners

South Korea's state-backed asset manager KAMCO has joined forces with Standard Chartered Singapore to expand smaller domestic shipowners' access to dollar-denominated funding. The initiative...

The Swedish Club reports strong financial performance amid challenging market conditions

The Swedish Club has reported a strong and disciplined financial performance for the first half of 2026, underpinned by improved underwriting profitability, continued premium...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

TORM announces Q2 2026 results, dividend distribution, and financial outlook 2026

In the second quarter of 2026, TORM (Nasdaq: TRMD or TRMD A) generated time...

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Iran said it had restarted talks ​with neighbor Oman to manage the Strait of...

Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to...

IMO calls for urgent action as piracy resumes in the Gulf of Aden

IMO Secretary-General Mr. Arsenio Dominguez issued the following statement following reports of the SEAMULL...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

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...