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China’s record crude, coal, iron ore imports don’t tell the whole story

China’s imports of crude oil, coal and iron ore all soared to record highs in 2023, but this seemingly strong performance by the world’s...
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Baltic index slides to 4-month low on seasonal lull

The Baltic Exchange’s dry bulk sea freight index on Monday extended its losing run to a four-month trough as rates declined on seasonal demand...
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Plaquemines Port, APM Terminals to develop major container terminal

Plaquemines Port Harbor and Terminal District (Plaquemines Port) proudly announces the execution of a letter of intent with APM Terminals to build a state-of-the-art...
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Frontline Sells 5 Oldest VLCCs

Frontline announced it has reached a deal to sell its five oldest very large crude carriers (VLCC) to an undisclosed buyer for an aggregate...
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Iran Seized Tanker Located Off Iran’s Qeshm Island

The Marshall Islands-flagged tanker seized by Iran in the Gulf of Oman on Thursday has been located east of Iran’s Qeshm Island, monitoring service...
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Container rates soar on concerns of prolonged Red Sea disruption

Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes on Yemen stirring concerns of a prolonged...
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Red Sea shipping slumps after US airstrikes in Yemen trigger retaliation fears

Commercial shipping entering the Bab al-Mandab Strait to exit or transit the Red Sea slumped sharply early Jan. 12, after major shipping bodies urged...
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Top bunker hub Singapore marine fuel sales hit record high in 2023

Marine fuel sales at world’s leading bunkering hub in Singapore hit a record high last year, official data showed on Friday, driven by record...
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Safe Bulkers: Acquisition of One Japanese Kamsarmax Class Dry-bulk Vessel

Safe Bulkers announced that it has entered into an agreement for the acquisition of a Japanese, 82,000 dwt, dry-bulk, Kamsarmax class vessel with a...
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TORM Announces Pricing of USD 200m Senior Unsecured Bond

TORM has successfully priced USD 200m of senior unsecured bonds due 25 January 2029. The Bonds will carry a fixed coupon of 8.25%, payable semi-annually....
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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...

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