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Maersk raises profit outlook on strong market

Danish shipping group A.P. Moller-Maersk opens new tab said on Monday it had raised its full-year forecasts on the back of strong third quarter...

PSA unboXed collaborates with Amperesand

PSA unboXed, the external innovation and corporate venture capital arm of PSA International (PSA), and Amperesand, a grid infrastructure solutions provider, announced a collaborative...

Iron ore gains on firm near-term demand, more China rate cuts

Iron ore futures rose on Monday as near-term demand remained firm and the latest rate cut in top consumer China lifted sentiment, but gains...

Baltic index slips on weaker rates across bigger vessels

The Baltic Exchange’s main sea freight index dipped on Monday to its lowest level in over eight months, dragged down by less demand across...

ORIX conducts a feasibility study of energy-saving ship operations utilizing wind power

ORIX Corporation and Sumitomo Heavy Industries Marine&Engineering announced that the two companies have begun a feasibility study of utilizing wind power for energy-saving operations...

Diana signs US$80.2 mln A&R loan facility agreement with Danish Ship Finance

Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced the successful signing of a US$80.2...

Nakilat reports QAR 1.28bln net profit for the third quarter of 2024, an increase of 7.2%

Qatar Gas Transport Company Q.P.S.C., a global leader in the shipping and maritime sector, announces its financial results for the third quarter of 2024...

Ocean Wilsons to sell its majority stake in Wilson Sons in $765 deal

Ocean Wilsons announced that its wholly-owned subsidiary, OW Overseas has agreed to sell its 56.47% interest in Wilson Sons S.A. to SAS Shipping Agencies...

New orders show Shanghai shipbuilder’s growing strength

Receiving the new order to build six large container ships has demonstrated the research and development capability of Hudong-Zhonghua Shipbuilding and will further consolidate...

Hafnia welcomes two new Vietnamese Pool Partners

Hafnia announced the addition of two new Vietnamese Pool Partners in its Medium-Range Tanker Pool. “Our two new partners, PVTrans Oilfield Services (PVT.OFS) and Pacific...

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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...