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Baltic index rises as capesize segment logs gains

The Baltic Exchange’s dry bulk sea freight index rose on Tuesday, buoyed by rising rates across the capesize vessel segment. The index, which factors in...

KVH and Pacific Basin completing hybrid connectivity and network management upgrade

KVH Industries announced that it has substantially completed a 75-vessel connectivity upgrade for commercial dry bulk operator Pacific Basin Shipping, a longtime KVH customer....

Cadeler signs firm contracts with ScottishPower Renewables

Cadeler A/S announced the signing of firm contracts for the transportation and installation of 64 x 15MW offshore wind turbine generators as well as...

MOL to build logistic center on Kobe’s Port Island

Mitsui O.S.K. Lines announced its decision to construct a logistics center, including two warehouses for dangerous goods and one warehouse for general cargo, on...

Diana Shipping announces a successful US$25 million tap issue

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, has successfully completed a US$25 million tap...

Seanergy shareholders overwhelmingly re-elect Seanergy nominees at 2024 annual meeting

Seanergy Maritime Holdings announced that at the Company’s 2024 Annual Meeting of Shareholders, Seanergy shareholders have overwhelmingly voted to re-elect the Company’s two director...

Pelagic Partners: Charter deal with International Seaways

Pelagic Partners has reached agreement to charter an LR1 tanker vessel to International Seaways. Specifically, the 2009-built Pelagic Turbot (73,400 dwt) has been fixed long-term...

Golden Union profits from newcastlemax bulker sale

Theodore Veniamis – led Golden Union has reportedly sold bulk carrier Crassier (206,300 dwt) at a considerable profit. Specifically, the newcastlemax bulker built 2007 was...

Iron ore gains as markets await key China meeting

Iron ore futures swung to gains from losses on the first working day of the week as the market keenly awaiteda key meeting of...

Baltic index edges lower as rates of some vessel segments fall

The Baltic Exchange’s dry bulk sea freight index fell on Monday, pressured by falling rates across the panamax and supramax vessel segments. The index, which...

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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...