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Maersk Drilling secures multiple contracts with Shell

Maersk Drilling said it has been awarded a one-year multi-country commitment from Shell for one of its drillships. The work covers contracts with Shell...

London Marine Insurers Designates All Russian Waters as ‘High Risk’

London’s marine insurance market on Monday added all of Russia’s waters to its list of areas deemed high risk, an advisory showed, which is...

Exxon Mobil Flags Highest Profit Since 2008 on Surging Oil Prices

Exxon Mobil Corp. signaled its highest profit since 2008 as Russia’s war in Ukraine upended global commodity markets. Exxon’s announcement that first-quarter results may...

Port of Los Angeles Completes Everport Container Terminal Upgrades

The Port of Los Angeles has completed construction of the $65 million Everport Terminal Improvement Project located at Berths 226-236 along the Los Angeles...

Maersk announces new management of APM Terminals

A.P. Moller – Maersk announced that Henriette Hallberg Thygesen, Executive Board Member, will be appointed as new Chair for APM Terminals, and Keith Svendsen,...

Baltic index down for 8th day on decline in vessel rates

The Baltic Exchange’s dry bulk sea freight index fell for an eighth consecutive session on Monday, pulled down by lower rates in all vessel...

Singapore probes alleged bunker fuel contamination

The Maritime and Port Authority of Singapore, which oversees the world’s biggest marine refuelling hub, said it is investigating the suspected contamination of bunker...

Frontline, SFL announce termination of charter-in contracts

Frontline announced that Frontline Shipping Limited (“FSL”) has agreed with SFL Corporation Ltd. (“SFL”) to terminate the long term charters for the 2004-built very...

Russia Is Shipping Wheat at at ‘Rapid’ Clip in the Midst of War

Russia boosted wheat shipments by about 60% in March, despite that being the first month of its invasion of Ukraine. The country exported about...

Russian ships switch flags at record rate amid sanctions scrutiny

Many more Russian-flagged vessels than usual switched their flags to other countries in March, possibly to conceal their ties to Moscow and avoid being...

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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)...