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Imperial Petroleum Inc. declares dividend on series a preferred shares

Imperial Petroleum Inc., a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced a dividend of $0.546875 per share on...

Imperial Petroleum announces $10 million share repurchase program

Imperial Petroleum Inc. announced that its Board of Directors has approved a share repurchase program and authorized the officers of the Company to repurchase,...

International Maritime Union in Greece welcomes new EU Ports Strategy

The International Maritime Union in Greece welcomes the new EU Ports Strategy promoted by the European Commission, which aims to strengthen the competitiveness, safety,...

Strait of Hormuz remains shut to almost all non-Iran-linked ships

The Strait of Hormuz remains effectively closed to almost all but Iran-linked traffic with the conflict in the Middle East now in its second...

Pangaea Logistics Solutions Ltd. reports financial results for the fourth quarter ended December 31, 2025

Pangaea Logistics Solutions Ltd., a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended December 31, 2025. FOURTH...

Precious Shipping seals $49.80m Japanese lease for four bulkers

Thailand’s Precious Shipping Public Company Limited (PSL) reported that four of its wholly owned Singapore subsidiaries, namely Precious Glories, Precious Wisdom, Precious Sparks and...

Lauritzen Bulkers reports good performance in a challenging year

Lauritzen Bulkers has announced its 2025 financial results, closing a year characterised by rapid market shifts, tariff-related disruptions, and heightened geopolitical uncertainty. In this...

Cargo ship hit by projectile in Strait of Hormuz, crew evacuates

A ​cargo vessel ‌was hit by an ​unknown ​projectile in the ⁠Strait ​of Hormuz, ​resulting in a fire onboard ​and ​prompting the crew ‌to...

Trump Weighs Russian Oil Sanctions Relief as Hormuz Disruption Sends Prices Soaring

U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed...

Danaos adds two more newcastlemax newbuildings at Chinese yards

Danaos Corporation has ordered two more Newcastlemax newbuildings at Chinese shipyards, implementing a diversified investment program to build four ships. The company confirmed the new...

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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...