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MISC sees Q3 profit drop in complex market

Highlights of the MISC Group’s Financial Performance for the Third Quarter of 2024: Group revenue for the period ended 30 September 2024 was comparable to the...

Iron ore hits 3-week low on firmer supply, softer steel outlook

Iron ore futures prices fell to a three-week low on Thursday, as supply of the key steelmaking ingredient remained firm amid a weaker steel...

Baltic index gains on higher capesize, panamax rates

The Baltic Exchange’s main sea freight index rose on Thursday, helped by rising rates across the capesize and panamax segments. The index, which factors in...

Celestyal to add a further 47 cabins to Celestyal Discovery increasing the number by 7.4%

Celestyal has revealed additional investment into its fleet with the latest refit plans for the line’s newest ship, Celestyal Discovery. The designs include the...

Celestyal to introduce new simplified fare structure ‘Celestyal One’

· New fare to replace ‘Experience’ and ‘Experience Plus’ packages · Prepaid food and beverage digital wallet to be introduced · Changes to take effect for...

Belships reports solid results in Q3

Belships ASA reported 3rd quarter 2024 results. HIGHLIGHTS  EBITDA of USD 27.0m including USD 1.5m from Norwegian Bulk Carriers Net result of USD 19.3m Declared dividend of...

Hapag-Lloyd achieves good result in first three quarters of 2024

Hapag-Lloyd concluded the first nine months of 2024 with a Group EBITDA of USD 3.6 billion (EUR 3.3 billion). The Group EBIT stood at...

Themistoklis Alafouzos transfers Okeanis Eco Tankers shares to family members

Okeanis Eco Tankers Corp. has been notified of the following transactions: “Hospitality Assets Corp., a company beneficially owned by Themistoklis Alafouzos, a person designated as...

McDermott awarded Harriet Alpha decommissioning contract by Santos

McDermott has been awarded a large* engineering, procurement, removal and disposal (EPRD) contract by Santos for the decommissioning of the Harriet Alpha platform and...

BIMCO launches Ship Recycling Alliance to help fuel change

In June 2025, the HKC will enter into force. This comes at a time when more than 15,000 ships are estimated to be recycled...

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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...