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Second bulk carrier claiming to be Chinese passes through Hormuz

Another bulk carrier signaled it was Chinese-owned as it sailed through the Strait of Hormuz, the narrow waterway at the mouth of the Persian...

Tokyo prepared to release oil reserve amid Iran crisis

A senior Japanese parliament member said on Sunday that the government instructed a national oil reserve storage site to prepare for a possible release...

US defends waiver on Russian oil sanctions

Trump administration officials on Sunday defended a decision to temporarily lift some sanctions on Russian oil and predicted that a sharp increase in gasoline...

New interchange to support Pilbara’s clean energy future

The new Great Northern Highway Lumsden Interchange at Port Hedland in Western Australia’s central north coast, is complete, laying the foundation for Pilbara Ports...

Jinhui Holdings sells Ultramax bulk carrier for $23m

Jinhui Holdings has signed an agreement to sell the Ultramax bulk carrier Jin Ping to Hongkong Yiming Shipping for $23.455 million. Jinping Marine, an...

Star Bulk to acquire 16 vessels from Diana Shipping Inc. conditional upon the success of its offer to acquire Genco Shipping & Trading Ltd

Star Bulk Carriers Corp. announced it has entered into a conditional Sale and Purchase Agreement to acquire sixteen vessels from Diana Shipping Inc. subject...

Diana Shipping Inc. increases offer to acquire Genco Shipping & Trading in Partnership with Star Bulk Carriers

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximately 14.8% of the...

Greek seafarers strike over crews stranded in the Gulf, mariners can refuse to sail

Greek seafarers ​held a 24-hour strike on Thursday, halting local ferry services as they protested over crews ‌stranded in the Gulf amid the escalating...

Lloyd’s market engaging with US government over Gulf maritime plan, officials say

The Lloyd’s of London market is engaging with the U.S. government’s International Development ​Finance Corporation over a plan to provide political risk insurance ‌and...

Qatar LNG shutdown sends European gas prices surging over 50%

Qatar shut down liquefied natural gas production at the world’s largest export facility after it was targeted in an Iranian drone attack, sending European...

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Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

ONE delivers profitable full-year result, despite volatility

Ocean Network Express has announced its financial results for FY2025 (April 2025 to March 2026). Revenue for 4Q FY2025 was US$4,042 million, bringing the total...

MOL sees sharp net profit drop

Mitsui O.S.K. Lines (MOL) has reported net profit attributable to shareholders amounting to JPY 213.2bn ($1.3bn), down 49.9% from JPY 425.4bn a year earlier. Ordinary...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Celestyal launches ‘The Iconic Sale’ with fares from €499

Celestyal has launched its new ‘Iconic Sale’, offering savings across its full Mediterranean and...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...