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Greeks invest 60 billion dollars into ‘green’ ships

Greek shipowners are making investments in newbuild vessels exceeding 60 billion dollars, running an extensive shipbuilding program for new commercial vessels and taking a...

Trump threatens Oman as Hormuz deal remains elusive

President Donald Trump on Wednesday dismissed a report that Iran and Oman would manage shipping through the Strait of Hormuz as part of a...

FMC collects civil penalty payment of $1,900,000 from shipping line

The Federal Maritime Commission (FMC or Commission) investigates potential violations of the Shipping Act and Commission regulations and negotiates settlements and informal compromises of...

Scorpio Tankers Inc. announces agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding MRs and its intention to...

Scorpio Tankers Inc. announced that it has entered into agreements to sell four LR2 product tankers, a letter of intent to purchase two newbuilding...

Samsung Heavy wins five-vessel order

Samsung Heavy Industries has secured a package order for five vessels spanning three vessel types from a single shipping company. Samsung Heavy Industries disclosed on...

Genco Shipping & Trading Board of Directors to review revised, unsolicited tender offer from Diana Shipping

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, confirmed that Diana Shipping, Inc. has...

Diana Shipping Inc. increases all-cash offer to acquire Genco Shipping & Trading to $24.80 per share

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Union of Greek Shipowners: Greek shipping remains a global leader

The Union of Greek Shipowners has published its annual report for 2025–2026, presenting up-to-date statistical data on the Greek-owned fleet and its decisive contribution...

Heidmar Maritime Holdings Corp. reports results for the quarter ended March 31, 2026

Heidmar Maritime Holdings Corp. reported its results for the quarter ended March 31, 2026. First Quarter 2026 Highlights Total revenues of $18.4 million, up from $5.8...

US and Thailand speed LNG talks as war hits Qatar exports, sources say

The U.S. and Thailand are in talks on new ‌long-term supply of U.S.-produced liquefied natural gas, two sources said on Tuesday, negotiations that have...

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Seaspan Becomes First International Ship Owner & Operator to Access China’s Panda Bond Market

Seaspan, a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in...

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...

Shipping Industry Sees Major Obstacles to Iran’s Hormuz Control Plan

A proposed deal between Iran and Oman that would give Tehran control over ships...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

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...

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...