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Sovcomflot exits dry bulk sector

PAO Sovcomflot (SCF Group), a global leader in marine energy transportation services, released its Condensed Consolidated Interim Financial Statements for the periods ended 30...

Frontline takes dive into the red in second quarter

Frontline reported unaudited results for the three and six months ended June 30, 2021: Highlights • Net loss of $26.6 million, or $0.13 per basic and...

Nordic Shipholding: Orderly Sale of Remaining Vessels

As stated by Nordic Shipholding in Company Announcements 11/2020, 10/2021 and the 2020 Annual Report, extensive discussions were held with potential merger partners and...

Maersk Product Tankers sells MR vessel

Maersk Product Tankers has reportedly sold its 40,083 dwt MR tanker vessel ‘Maersk Erik’, built at SLS in 2008. The price received by the...

FSL Trust Announces Oil/Chemical Tanker Acquisition & Long-term Bareboat Charter

FSL Trust announced that a wholly owned subsidiary of the Trust has entered into definitive agreements to (a) purchase the vessel Anuket Amber (tbr...

Lars Barstad confirmed as Frontline CEO

The Board of Frontline announced the appointment of Mr. Lars H. Barstad as the Chief Executive Officer of Frontline Management AS with effect from...

SEACOR Holdings acquires U.S. Shipping Corp

SEACOR announced the completion of its acquisition of U.S. Shipping Corp, a privately owned, leading provider of long-haul marine transportation for chemical and petroleum...

Concordia Maritime Approves Chartering Agreement With Stena Bulk

At Concordia Maritime AB’s Extraordinary General Meeting on 12 August 2021, it was resolved in accordance with the proposal of the Board of Directors...

Russia Opens Criminal Investigation Over Black Sea Tanker Spill

Russian investigators were conducting searches at the Caspian Pipeline Consortium (CPC) after last Saturday’s oil spill near the Black Sea port of Novorossiisk, the...

MISC 2Q net profit jumps to RM538.8mil

MISC Bhd's net earnings jumped 79.9% to RM538.8mil in the second quarter ended June 30, 2021, from RM299.5mil in the previous corresponding quarter, owing...

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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...