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Seanergy Maritime reports record First Half Results

Seanergy Maritime Holdings announced its financial results for the second quarter and six months ended June 30, 2024. The Company also declared a quarterly...

Korean shipbuilders in talks for $6.6 bn Qatar LNG tanker deals

South Korean shipbuilders are in talks with Qatar for expected $6.6 billion deals to manufacture additional liquefied natural gas (LNG) tankers as the growing...

Intermodal Weekly Market Report [W31]

The dry bulk market has seen a rise in secondhand asset values this year. While average earnings have remained healthy, the ratio between earnings...

Korean Shipbuilding Industry eyes on profitable container ships with high market demand

South Korea’s shipbuilding industry is experiencing a resurgence in container ship orders amid a period of high ship prices and ample order backlogs. This...

Iron ore drifts lower as falling near-term demand, high stocks weigh

Iron ore futures prices drifted lower on Tuesday as wider losses induced production cuts among steelmakers in top consumer China and lingering high portside...

Baltic index hits one-week high on capesize strength

The Baltic Exchange’s dry bulk sea freight index rose to a one-week high on Tuesday, as gains in the capesize segment overshadowed declines in...

United Maritime returns to profitability

United Maritime Corporation, announced its financial results for the second quarter and six months ended June 30, 2024. The Company also declared a quarterly...

Ardmore Shipping announces leadership changes and cohesive updates to its commercial organization

Ardmore Shipping has announced a series of strategic leadership changes and updates to its commercial organization following news of the upcoming retirement of Founder...

Global Ship Lease Reports Results for the Second Quarter of 2024

Global Ship Lease, an owner of containerships, announced its unaudited results for the three and six month periods ended June 30, 2024. Second Quarter of...

MOL secures class approval for World’s First Wind-Assisted LNG carrier design

Mitsui O.S.K. Lines, Ltd. (MOL) has been awarded approval in principle (AiP) by Nippon Kaiji Kyokai (ClassNK) for the design of a membrane LNG...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...