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Navios Partners Acquires 4 Newbuilding Tanker Vessels; Two Related Charter Deals

Navios Maritime Partners announced that it agreed to purchase four 115,000 dwt LR2 newbuilding vessels, for a purchase price of $58.5 million each (plus...

Scorpio Tankers Reports Q1 Net Loss of $84.4 Million

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2022. The Company also announced that its Board of Directors has...

Asian Aframaxes at 2-year high as US replaces Russian fuel oil with Asian origin

Aframax freight rates in Asia have hit a two-year high on tight supply as the US started importing cargoes from the Persian Gulf and...

FSL Trust Reports Q1 Net Profit Of US$ 0.2 Million

FSL Trust Management Pte. Ltd. ("FSLTM"), the trustee-manager of First Ship Lease Trust ("FSL Trust" or the "Trust"), announced the unaudited financial results of...

TEN Announces Sale of 2006-Built LR2 Product Tanker

TEN announced the sale of a 2006-built LR2 aframax tanker, one of the largest product tankers in the world at the time of its...

NYK Takes Delivery of Third Methanol-Fueled Chemical Tanker

The methanol-fueled chemical tanker Grouse Sun, owned by NYK Bulkship (Asia) Pte. Ltd., an NYK Group company based in Singapore, was delivered on April...

Greece seizes Russian tanker as part of EU sanctions

Greece has seized a Russian oil tanker off the island of Evia as part of European Union sanctions imposed on Moscow over its invasion...

TEN Gears Up Fleet Modernization Amid Firming Markets

TEN, Ltd. (TEN) reports results (unaudited) for the fourth quarter and the year ended December 31, 2021. FINANCIAL RESULTS FOR THE FOURTH QUARTER OF...

Frontline – Euronav merger: Counter-cyclical transaction to create long-term value

On 7 April 2022, Frontline Limited (FRO) and Euronav NV (EURN) announced that the companies are in the process of a merger that would...

D’Amico announces sale of product tanker

d’Amico International Shipping, an international player active in maritime transport and specialized in the tanker market, announced that it has concluded, through the subsidiary...

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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...