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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...

ZIM posts strong quarter, declares $100m special dividend

ZIM Integrated Shipping Services, a global container liner shipping company, announced its consolidated results for the three and nine months ended September 30, 2024. Third...

Fincantieri: Vard to build five Walk-to-work vessels

Vard, the Norwegian subsidiary of the Fincantieri Group and one of the major global designers and shipbuilders of specialized vessels, has signed a new...

Euroseas posts financial results, declares quarterly dividend & announces containerships order

Euroseas, an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced its results for the three and...

Dalian iron ore rises on resilient steel demand, China stimulus hopes

Dalian iron ore futures prices rose for a third straight session on Wednesday, supported by resilient steel demand and persistent hopes of further economic...

Baltic Index falls as panamax and supramax segments log declines

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, pressured by weak rates...

Greek shipping companies reactions to Trump’s victory are mixed

The reactions of the 27 Greek shipping companies listed on US markets to the victory of Donald Trump were mixed. According to a survey by...

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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...

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...

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...