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Solstad Offshore: Contract award for Normand Maximus

Solstad Offshore ASA announced a contract award with an undisclosed client for the subsea construction vessel “Normand Maximus.” The contract has a duration of 1...

Wallenius Wilhelmsen: Update on vessel purchase option

Wallenius Wilhelmsen has acquired the vessel "Morning Celine" (6,500 CEU, built 2009) following the completion of a long-term charter in agreement. The pre-agreed purchase price...

Oldendorff successfully installs rotor sails

Oldendorff Carriers announced the successful installation and operational deployment of Rotor Sails on the Chinook Oldendorff. Through a joint agreement first announced in December...

EuroDry signs contract for the construction of two modern 63,500 DWT ultramax bulk carriers

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has signed a contract with...

Iron ore futures climb as traders weigh demand against high portside stocks

Iron ore futures climbed on Thursday to their highest levels in more than one week as investors and traders weighed firm near-term demand against...

Baltic index falls as all vessel segments post declines

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday, dragged down by losses...

Ocean Yield reports another stable quarter

Ocean Yield announced results for the third quarter 2024.  HIGHLIGHTS EBITDA for Q3 2024 was USD 55.9 million and Adjusted EBITDA was USD 94.6 million. Net...

Samsung Heavy wins certification for wind-powered LNG carrier

Samsung Heavy Industries announced on Wednesday that it received basic design certification for an LNG carrier equipped with its wind-assisted propulsion system, the “wing...

Golden Energy Offshore reports profitable quarter

Golden Energy Offshore Services reported total revenues of NOK 130 million compared with NOK 52.8 million in the same quarter last year, 146 %...

Gunvor secures US $2.265 billion sustainability-linked, multi-currency revolving credit facility

Gunvor Group has signed a US $2.265 billion sustainability-linked, multi-currency revolving credit facility in favour of Gunvor International B.V. and Gunvor SA. The Facility consists...

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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...

Global Ship Lease Posts Robust Q2 Financial Results

Global Ship Lease, Inc., an owner of containerships, announced its unaudited results for the three and six-month periods ended June 30, 2026. Second Quarter of...

Okeanis Eco Tankers Posts Unaudited Financial Statements for 2Q2026 and 1H2026

Okeanis Eco Tankers reported its unaudited condensed financial results for the second quarter and six-month period of 2026. Financial performance of the Second Quarter Ended...

Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results

Norwegian Cruise Line Holdings reported financial results for the second quarter ended June 30, 2026 and provided guidance for the third quarter and full...

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...

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...

EU Forces Board Sanctioned Russian ‘Shadow Fleet’ Tanker

An EU naval mission led by Italy boarded a tanker from Russia’s so-called “shadow...

Two Tankers With Saudi Oil Exit Red Sea Over Weekend

Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend,...

Teekay Corporation second quarter 2026 update

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

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...