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Wilhelmsen Ship Management takes a majority stake in Ahrenkiel Tankers

Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel...

Heidmar & Capital Announce Formation of Joint Venture

Capital Ship Management Corp. and Heidmar Inc announced the formation of a joint venture combining the long standing commercial strength of the two organizations...

Pyxis Tankers Announces Sale of Two Small Tankers

Pyxis Tankers announced that it has agreed to sell the Northsea Alpha and Northsea Beta, two 2010 built 8,600 dwt product tankers for an...

D’Amico: Refinancing of all loans maturing 2022

d’Amico International Shipping S.A., announced that its fully-owned operating subsidiary d’Amico Tankers, has already signed contracts with leading banks to refinance all its loans...

Global tankers freight recovery likely to be slow – report

Global tanker markets are expected to see better days in 2022 on the back of a likely increase in trade of oil and oil...

bp and Maersk Tankers Carry Out Successful Marine Biofuel Trials

B30 biofuel tested as ‘drop-in-fuel’ on two tankers, validating its potential to help cut carbon emissions in shipping. bp and Maersk Tankers, with support...

TEN in the red for 4th consecutive quarter

TEN reported results (unaudited) for the third quarter and nine months ended September 30, 2021. Q3 2021 SUMMARY RESULTS In what has been described as...

Scorpio Tankers Announces Update on Financing Activities

Scorpio Tankers announced that it has signed a transaction with Ocean Yield ASA involving the sale and leaseback of two LR2 product tankers, STI...

OSG Announces Charter Options for Two Vessels

Overseas Shipholding Group, Inc., a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, announced that it...

CDB Leasing acquires nine tankers from Torm

China Development Bank Financial Leasing (CDB Leasing) is to acquire nine tankers at a total cost of $172m from Torm. The vessels will be purchased...

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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...