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COSCO Shipping Energy orders VLCCs

According to various reports, COSCO Shipping Energy is to proceed with a strategic investment in six 307,000 DWT VLCCs, to be built by Dalian...

Pangaea Logistics Solutions reports Q3 Financial Results

Pangaea Logistics Solutions, a global provider of comprehensive maritime logistics solutions, announced its results for the three months ended September 30, 2024. THIRD QUARTER 2024...

Dynacom Tankers linked to LR1 order in China

Dynacom Tankers is reported to have placed an order in China for 4 newbuildings. Specifically, the Greek shipping firm will build four 75,000 dwt panamax...

Maersk Tankers to deploy suction sail technology at scale to reduce CO2 emissions

Maersk Tankers, one of the world’s largest tanker operators, is set to deploy eSAIL® suction sail technology on five of its MR vessels as...

Okeanis Eco Tankers posts USD 14.6m net income in Q3

Okeanis Eco Tankers reported its unaudited condensed financial results for the third quarter and nine-month period of 2024, which are attached to this press...

TORM reports strong Q3 perfomance

In the third quarter of 2024, TORM's time charter equivalent earnings (TCE) amounted to USD 263.4m (2023, same period: USD 244.4m). TORM realized an...

Performance Shipping reports Q3 net income of $12.4 million

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $12.4 million and net income attributable to...

International Seaways reports third quarter 2024 results

International Seaways, one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, reported results for the third...

Altera Infrastructure announces divestment of Altera Shuttle Tankers L.L.C.

Altera Infrastructure Holdings L.L.C., a wholly owned subsidiary of Altera Infrastructure L.P., has entered into an agreement to sell all its membership interests in...

Pelagic Partners: Charter deal with International Seaways

Pelagic Partners has reached agreement to charter an LR1 tanker vessel to International Seaways. Specifically, the 2009-built Pelagic Turbot (73,400 dwt) has been fixed long-term...

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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 slows through Strait of Hormuz after tanker attacks, data shows

Shipping through the Strait of Hormuz slowed over the weekend, data showed on Monday,...

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...

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...