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Hyundai Glovis to build world’s biggest CO2 carrier

Hyundai Glovis is set to develop the world’s largest carbon dioxide carrier, with a 74,000 cu m capacity. The South Korean owner will work...

Greek Court Overturns Decision Allowing U.S. Seizure of Iranian Oil Cargo

A Greek court on Wednesday overturned an earlier court ruling that allowed the confiscation by the United States of part of a cargo of...

Iron ore slips as Chinese steelmakers face margin pressure

Benchmark iron ore futures in Asia fell on Wednesday, with the key Dalian contract extending losses to a second session, as reduced profitability at...

Russia hikes oil exports from major Eastern port to help offset EU ban

Russia is ramping up oil exports from its major eastern port of Kozmino by about a fifth, aiming to meet surging demand from Asian...

Capital Ship Management, LR explore use of biofuels in pilot research project

Capital and Lloyd’s Register (LR) will trial the use of biofuels in a new pilot project to support the maritime industry’s research for low...

Baltic index touches over 1-month low on weak demand across vessels

The Baltic Exchange’s main sea freight index extended losses to hit a more than one-month low on Wednesday, pressured by lower rates across all...

Data Is The New Commodity To Spur Shipping Into A New Era Of Optimisation

More than 30 martech startups from around the world are displaying their solutions and platforms at this year’s Posidonia Exhibition currently being held at...

QatarEnergy places LNG carrier orders at South Korean yards

Daewoo Shipbuilding & Marine Engineering reported receiving the first order under the advance reservation agreement reached with Qatar in 2020 while saying that additional...

CPLP: Acquisition of One LNG Carrier, Three Container Vessels & Sale of Two Boxships

Capital Product Partners, an international owner of ocean-going vessels, announced: The acquisition of one 174,000 cubic meter (“cbm”) latest generation X-DF LNG carrier (“LNG/C”) and...

International Seaways Monetizes FSO Joint Venture With Sale to Euronav

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, announced that it has completed...

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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...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

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...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

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)...