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Wallenius Wilhelmsen launching multi-fuel BAF for a net-zero future

Wallenius Wilhelmsen is launching a re-engineered bunker adjustment factor, BAF2.0, to prepare for future fuels on the path to net-zero emissions by 2040. BAF2.0...

Greece extends drills hampering transfer of Russian oil cargoes

Greece’s navy extended for a sixth time a series of naval drills, prolonging them by another four months as the country tries to deter...

Maersk completes first large container vessel conversion to dual-fuel methanol engine

As the first large vessel in the industry, the container ship Maersk Halifax has been converted into a dual-fuel vessel able to operate on...

Petrobras outlines $111 billion, five-year spending proposal

Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan. The Brazilian...

Iron ore flirts with key $100/T level on firm demand, China stimulus hopes

Prices of iron ore futures clawed up towards the psychological level of $100 a metric ton on Monday, underpinned by firm near-term demand and...

Baltic index falls as all vessel segments decline

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

C3is posts net profit increase in Q3

C3is, a ship-owning company providing dry bulk and tanker seaborne transportation services, announced today its unaudited financial and operating results for the third quarter...

NOL signs strategic alliance agreement with Springfield

Northern Ocean announced a contract award for Deepsea Bollsta from Equinor Energy AS, a subsidiary of Equinor ASA, for work in Norway. The contract...

DNV, Seatrium to collaborate in marine & offshore industries

DNV has signed a Memorandum of Understanding with Seatrium, a leading engineering solutions provider to the offshore and marine industries, to cooperate on strategic...

Thyssenkrupp plans marine IPO within a year, Division Head says

Thyssenkrupp AG is planning an initial public offering of its naval shipbuilding unit within a year after plans to sell a majority stake to...

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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...