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Trump to create office of shipbuilding, offer tax incentives

U.S. President Donald Trump told Congress on Tuesday that his administration will create an office of shipbuilding in the White House and offer new...

Stolt-Nielsen announces launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited

Stolt-Nielsen announces launch of compulsory acquisition of remaining issued and outstanding shares of Avenir LNG Limited. Reference is made to the stock exchange announcement of...

Global Ship Lease reports results for the Fourth Quarter of 2024

Global Ship Lease, an owner of containerships, announced today its unaudited results for the three months and year ended December 31, 2024. Full Year and...

Iron ore declines as Sino-US tariffs fuel trade war tensions

Iron ore futures faltered on Wednesday, pressured by tit-for-tat tariffs between the United States and top metals consumer China, outweighing optimism about improved demand...

Baltic Index slips for second straight session on lower vessel demand

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell for a second straight session on...

Danaos secures forward charters for six containerships

Danaos Corp has reportedly chartered six post-panamax containerships. More specifically, brokers suggest SeaLead Shipping will take two of the vessels on long-term charters, namely the...

The cruise industry convenes in Crete – Cruise lines meet with East Med Stakeholders at Posidonia Sea Tourism Forum

The 8th Posidonia Sea Tourism Forum (PSTF 2025) is set to bring together an elite assembly of global cruise industry leaders in Heraklion, Crete,...

DG MOVE leads security inspection Thessaloniki Port

The Port Authority of Thessaloniki S.A. was inspected by a team from the Directorate-General for Mobility and Transport of the European Commission (DG MOVE),...

Containerships: Freight rates are dropping

Container freight rates are falling, due to the increased shipping capacity as a result of the delivery of new vessels this year, but also...

Oil steady; market eyes OPEC+ output increase, US tariffs

Oil prices steadied on Wednesday after hitting multi-month lows in the previous session, but remained under pressure as the market eyed plans by major...

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United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

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...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...