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Philly Shipyard and HD Hyundai Heavy Industries sign memorandum of understanding

Philly Shipyard, the sole operating subsidiary of Philly Shipyard ASA, and HD Hyundai Heavy Industries Co., a subsidiary of HD Hyundai Group, signed a...

Wilhelmsen partners with AD Ports Group and Inveco LLC to enhance trade along Middle Corridor

Wilhelmsen Port Services joins hands with AD Ports Group and Inveco LLC in a strategic partnership, as AD Ports Group takes over 60% ownership...

Korean Shipbuilders Expect to Benefit from US-China Conflict

Korean shipbuilding stocks have been rallying as expectations grow that the Korean shipbuilding industry will enjoy reflective benefits from US sanctions against China. According to...

Baltic index extends losses on falling capesize rates

The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, declined for a third consecutive session on Wednesday,...

Laskaridis Maritime linked to kamsarmax order

Laskaridis Maritime has reportedly placed an order at Hengli Shipbuilding for four 82,000 dwt kamsarmax vessels. The shipping firm is also reported to have ordered...

BW LPG shares to start trading on NYSE

BW LPG issued an announcement regarding the Company′s public filing of a registration statement on Form 20-F with the U.S. Securities and Exchange Commission,...

ZEMBA announces successful completion of inaugural collective tender

ZEMBA announced the successful conclusion of its first tender for ocean shipping that achieves at least a 90% reduction of greenhouse gases on a...

OSG Receives $3 Million Federal Grant for CO2 Transport Ship Design

Overseas Shipholding Group, a leading provider of energy transportation services, has been awarded a $3,000,000 grant from the United States Department of Energy for...

US winter wheat ratings drop; corn 12% seeded

The U.S. Department of Agriculture’s (USDA) weekly crop progress report showed 50% of U.S. winter wheat crop in good-to-excellent condition, short of the average...

China’s strong iron ore imports diverge from weak steel output

China’s first quarter imports of iron ore and its domestic production of the steel raw material both rose strongly, but output of crude steel...

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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...