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US government boosts oil tanker fleet in national shipping overhaul

The United States is boosting access to commercial products tankers as part of a security drive to safeguard oil shipping for its armed forces...

MOL Chemical Tankers to Acquire Fairfield Chemical Carriers

Mitsui O.S.K. Lines, Ltd. announced that its wholly owned group company MOL Chemical Tankers Pte. Ltd. has reached an agreement in principle with Fairfield-Maxwell...

Okeanis Eco Tankers Agrees $84 Million Term Loan Facility

Okeanis Eco Tankers Corp. announced the execution of a new $84 million senior secured credit facility provided by Credit Agricole Corporate & Investment Bank,...

Euronav Confirms Long Term Time Charter

Euronav announced it has concluded a two-year time charter with a blue-chip partner for the VLCC Donoussa (2016 dwt – 299.999). This contract will start...

TEN orders construction of two MR product tankers

The order book for new “green” ships of Tsakos Energy Navigation reached double digits, while profits grew significantly in the first half. TEN announced it...

Imperial Petroleum: $10 mln share repurchase program & agreement to acquire two vessels

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

BIMCO Sees Positive Tanker Market Prospects

BIMCO forecasts that the crude tanker market will see cargo volume growth of between 2.0% and 3.0% in 2023 and between 3.5% and 4.5%...

OceanPal Becomes Strategic Partner In Two 6,600dwt Methanol-Ready Chemical Tanker Newbuildings

OceanPal, a global shipping company specializing in the ownership of vessels, announced that the Company agreed to become a strategic partner and invest in...

Economou buys stake in Performance Shipping

George Economou has acquired a stake in tanker owner Performance Shipping. According to a relevant SEC filing, Economou’s investment vehicle, Sphinx, a subsidiary of Maryport...

Frontline posts solid quarter as supportive tanker fundamentals continue

Frontline plc, reported unaudited results for the six months ended June 30, 2023: Highlights Highest second quarter profit since 2008 of $230.7 million, or $1.04 per...

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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...