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China’s Cosco Nearing Hamburg Port Deal 

German logistics firm HHLA HHFGn.DE and Cosco 601919.SS are close to finalising an agreement for the Chinese shipping giant to take a stake in a terminal at Hamburg’s...

CMA CGM completes Russia exit with terminal stakes sale

French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an asset swap, the company...

Dorian LPG Announces New Partner Agreement with the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping

Dorian LPG Ltd., one of the world’s largest owners and operators of modern and ECO very large gas carriers (“VLGCs”), today announced that the...

Gibson Weekly Tanker Market Report [W01]

Whilst 2022 ended with a fanfare, there is now a quieter feel for tanker markets as we step into 2023...

Black Sea shipping rates rise as reinsurers cut cover

Costs for hiring ships to transport commodities from the Black Sea have risen by more than a fifth since the start of the year,...

Conversions and charter extensions for Bulk Santiago and Bulk Shenzhen

2020 Bulkers has converted the index-linked time charters for Bulk Santiago and Bulk Shenzhen to fixed rate charters for Q1 2023 at a rate...

Suez Canal Open to Foreign Investment, But Will Keep Sovereignty Protected

Egypt’s Suez Canal welcomes foreign investment but foreigners would have no control over the waterway or over a proposed fund that would help to manage its resources,...

Sanctions Could Cut Russia’s Baltic Oil Exports by 20%

Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a fifth in December, after a Western price...

Dalian iron ore edges higher as China stimulus offers relief

Dalian iron ore edged higher on Thursday, buoyed by hopes of improved steel demand in China in 2023, as Beijing seeks to ensure economic...

Shell-backed consortium confirms EU grant deal for hydrogen-fueled tanker project

A consortium comprising Shell, TECO 2030 and some others has finalized a grant agreement with the EU to retrofit a handysize product tanker with...

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Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results

Norwegian Cruise Line Holdings reported financial results for the second quarter ended June 30, 2026 and provided guidance for the third quarter and full...

United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

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...

EU Forces Board Sanctioned Russian ‘Shadow Fleet’ Tanker

An EU naval mission led by Italy boarded a tanker from Russia’s so-called “shadow...

Two Tankers With Saudi Oil Exit Red Sea Over Weekend

Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend,...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

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...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

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)...