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Bahri signs almost $1 billion deal for nine oil tankers

The National Shipping Company of Saudi Arabia (Bahri) 4030.SE has signed a purchase agreement to acquire nine Very Large Crude Carriers (VLCCs) from Capital...

Navios Partners posts solid Q2 with strategic growth

Navios Partners, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the second quarter and six month...

Intermodal Weekly Market Report [W33]

The reopening of Pipavav Shipyard by Reliance Industries, owned by the Ambani family, marks a pivotal moment in India's quest to become a major...

Baltic index hits three-week high on gains in capesize segment

The Baltic Exchange’s dry bulk sea freight index .BADI, which tracks rates for ships carrying dry bulk commodities, touched its highest in three weeks...

Cadeler Strengthens its Financial Position with the Extension and Increase of its RCF B and Uncommitted Guarantee Lines, and Replacement of its M Class...

Cadeler announced two significant developments in respect of its external debt facilities that, together, underscore the robust support that Cadeler continues to enjoy from...

British International Investment commits up to $35 million alongside DP World into the Democratic Republic of the Congo’s first deepwater container port

British International Investment, the UK’s development finance institution and impact investor, has committed to invest up to $35 million towards the development of the...

Ocean Yield net profit at USD 24.3 mln in Q2

Ocean Yield announced results for the second quarter and first half year 2024. HIGHLIGHTS EBITDA for Q2 2024 was USD 58.5 million and Adjusted EBITDA was...

Strong second quarter performance for ZIM

ZIM reported Financial Results for the Second Quarter of 2024. Highlights Reported Revenues of $1.93 Billion, Net Income of $373 Million, Adjusted EBITDA of $766 Million...

NYK Bulk & Projects to Time-Charter First Methanol-Fueled Bulker

On August 1, NYK Bulk & Projects Carriers Ltd., an NYK Group company, concluded a basic agreement with Kambara Kisen Co., Ltd. (Hiroshima Prefecture,...

Baltic index rises on firm capesize demand

The Baltic Exchange’s dry bulk sea freight index .BADI, tracking rates for ships carrying dry bulk commodities rose on Monday, buoyed by a jump...

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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...