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Performance Shipping posts USD 43.7 million net income in 2024

Performance Shipping, a global shipping company specializing in the ownership of tanker vessels, reported net income of $9.7 million and net income attributable to...

Star Bulk sells Bittern supramax

Star Bulk Carriers revealed the sale of supramax bulk carrier Bittern (57,800 dwt). The price and buyer of the vessel were not revealed.

HMM emerges as preferred bidder for SK Shipping in high-stakes acquisition

In a significant development within the South Korean shipping industry, Hahn & Co. has selected HMM as the preferred bidder for the sale of...

Iron ore gains on strong China steel consumption, short covering

Iron ore futures gained on Thursday as strong steel consumption data from top consumer China boosted sentiment, shifting investor focus to prospects of growing...

Baltic index rises for sixth straight session to hit one-month peak

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, rose for the sixth straight session...

Strong line up for Cruise Week Europe 2025 with spotlight on sustainability, innovation and resilience

· Cruise line leaders, Government Ministers from across Europe, and senior representatives of international institutions, to meet at CLIA’s European Summit, 12-14 March 2025 ·...

Suez Canal chief says Red Sea crisis did not create sustainable route to replace canal

Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal,...

Abu Dhabi exports office grows nine-lender finance facility for energy trader BGN to more than $230m

Abu Dhabi Exports Office and First Abu Dhabi Bank, leading a syndicate of nine UAE lenders, have successfully more than doubled a finance facility...

Cargill and Hafnia launch Seascale Energy to accelerate the transformation of marine fuel procurement services

Cargill’s Ocean Transportation business and leading tanker shipping company, Hafnia, have joined forces to launch Seascale Energy, a joint venture, combining Cargill’s existing bunker...

Teekay Tankers reported the fourth quarter and annual 2024 financial results.

Teekay Tankers reported the fourth quarter and annual 2024 financial results.

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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)...