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Trump official says Hormuz ship insurance program to launch ‘soon’ as tanker traffic struggles to recover

Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin soon, a move that...

Capesize: Freight rates over 30,000 dollars/day for Brave Maritime

In one of the most striking deals in the dry bulk market, Haris Vafias has secured the chartering of three capesize vessels from the...

Marine insurers reaffirm their commitment to supporting trade in the Middle East

The global marine insurance market continues to show resilience and is maintaining the availability of cargo, hull, liability and offshore energy cover despite increasing...

Container Shipping: Iran war amplifies outlook uncertainty

“Following the start of attacks on Iran on 28 February, transits through the Strait of Hormuz have effectively stopped, severing Persian Gulf ports from...

Danish investor Zeaside Capital takes over shipowner Alba Tankers

Denmark’s Zeaside Capital Partners has agreed to buy compatriot Alba Tankers in a bid to build a tanker platform. The Copenhagen-based investment firm will take...

Cadeler announces planned investments in exceptional growth opportunities, balanced with dividend potential from strong cash flows

Cadeler announced the completion of a private placement raising approximately EUR 175 million, at a price above the Company’s 5-day VWAP, to fund initial...

Maran Gas: New LNG carrier order

Maran Gas Maritime, a member of the Angelicoussis Group under the leadership of Maria Angelicoussis, is proceeding—according to shipbuilding market sources—with an order for...

Golar LNG Limited announces strategic review to maximize stakeholder value and appoints Goldman Sachs as financial advisor

Golar LNG Limited announced its Board of Directors has initiated a formal process to evaluate strategic alternatives for the Company. As previewed on the...

UK Chamber of Shipping announces Karrie Trauth as new President

The UK Chamber of Shipping has elected Karrie Trauth, Executive Vice President of Shipping & Maritime at Shell plc, as its new President at...

Flex LNG – Announces new contract for Flex Aurora

Flex LNG Ltd. announced it has agreed a new Time Charter Agreement with a minimum firm period of two years for Flex Aurora. The...

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BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group...

Greek merchant fleet increased by 1.8% in May 2026

The Greek Merchant Fleet increased by 1.8% in May 2026 compared with May 2025,...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...

Port of Long Beach cargo up at year’s midpoint

Trade moving through the Port of Long Beach saw double-digit growth in June, running just ahead of last year’s record-setting pace halfway into 2026,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...