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UK clamps down on shady networks supplying Putin’s illegal war with new sanctions package

UK announces major new sanctions package choking off Russia’s war effort across multiple fronts. UK announces 70 new sanctions targeting Russia’s decrepit shadow fleet, military...

Trump administration to immediately lift Iranian oil sanctions under new agreement

The U.S. will allow Iran to immediately begin selling oil and fuel under the memorandum of understanding the two sides reached to end the...

Port of Los Angeles may cargo volume climbs 17%

The Port of Los Angeles processed 840,165 Twenty-Foot Equivalent Units (TEUs) in May, 17% above last year as import volume increased amid continued uncertainty...

Transocean Ltd. announces contract awards totaling $185 million

Transocean Ltd. announced contract awards for two of its harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $185 million in firm contract backlog. The...

LPG shipping rates fall despite surge in exports

The LPG carrier market got off to a weak start this summer as freight rates began to retreat – particularly on routes to Asia...

Joint Statement by BIMCO, ICS, INTERTANKO and INTERCARGO: “Global shipping industry associations condemn recent attack on seafarers”

BIMCO, the International Chamber of Shipping (ICS), INTERTANKO and INTERCARGO, unanimously condemns recent attacks on seafarers and commercial shipping in and around the Strait...

Scouring the Strait of Hormuz for mines could take weeks

Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen...

Qatar’s Hamad Port sails into the world’s top eight

The net tonnage through Qatar’s ports witnessed more than 49% shrinkage year-on-year; while it increased about 9% month-on-month in December 2019, said the figures...

IMO Secretary-General welcomes US-Iran agreement

The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez welcomes with great satisfaction the peace agreement reached between the parties in the...

Sallaum Lines orders 2 + 2 8,600 CEU dual-fuel car carriers- Its largest vessels yet

Sallaum Lines has ordered the two largest vessels in its history, signing a shipbuilding contract with Xiamen Shipbuilding Industry Co., Ltd. (XSI) for 2...

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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...