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SITC extends China container ship order

SITC International Holdings Company Limited said SITC Shipowning exercised on January 30 the options for the construction of two 2,700 teu container vessels under...

HD Korea Shipbuilding wins $245M LNG carrier order

HD Korea Shipbuilding & Offshore Engineering (009540.KS), the shipbuilding holding company of HD Hyundai (267250.KS), announced Wednesday that it has secured an order for...

Diana Shipping Inc. announces direct continuation of time charter contract for m/v Amphitrite

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned...

Celestyal launches two new repositioning cruises

Celestyal has announced two new Athens to Jeddah, Saudi Arabia sailings for their 2026 programme, sailing from Athens, Greece. Celestyal Journey will depart on November...

DNV “sees” an increase in tanker orderbook

Analysts at the Norwegian classification society DNV “see” large investments in new orders for tankers in the coming years. In an industry where Greek shipowners...

MISC orders LNG carriers at Hudong-Zhonghua

MISC has ordered three liquefied natural gas carriers from Chinese shipbuilder Hudong-Zhonghua. Specifically, the deal is for three firm 174,000 cbm vessels, with options for...

Trump picks new leader for maritime regulator

President Trump selected Laura DiBella, a former commerce secretary for the state of Florida, to lead the Federal Maritime Commission. DiBella takes over as leader...

Seadrill announces West Saturn contract extension

Seadrill Limited announced Equinor Brasil Energia Ltda has exercised a one-year priced option for the ultra-deepwater drillship West Saturn. The exercised option adds $114...

Panama Canal ports will keep operating after court finds concession unconstitutional, president says

Panama’s president moved to assure the public on Friday that critical ports at both ends of the Panama Canal will continue to operate without...

DHT Holdings, Inc. announces sale of DHT Bauhinia

DHT Holdings, Inc. announced that it has entered into an agreement to sell the DHT Bauhinia, built in 2007, for a price of $51.5...

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Genco Shipping & Trading to review Diana Shipping’s unsolicited tender offer

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 launches tender offer to acquire all outstanding shares of Genco Shipping & trading for $23.50 per share in cash

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that owns approximately 14.8% of the...

Bahri reports first quarter 2026 results with net profit of SAR 2.15 billion

The National Shipping Company of Saudi Arabia (“Bahri” or the “Company”, 4030 on the Saudi Exchange), the Kingdom’s leading shipping and logistics provider, announced...

Subsea 7 S.A. announces first quarter 2026 results

Subsea 7 S.A announced results of Subsea7 Group (the Group, Subsea7) for the first quarter which ended 31 March 2026.  Highlights   • First quarter Adjusted EBITDA...

Pacific International lines delivers resilient earnings in FY2025

PIL Pte Ltd announced its financial results for the fiscal year ended 31 December 2025. The Group delivered net profit after tax of US$1.04...

Posidonia 2026 conference programme kicks off early with geopolitics dominant in industry agenda

From insurance and risk management to energy transition, digitalisation and maritime security, the Posidonia...

Swedish coast guard seizes suspected false flag tanker in Baltic sea

The Swedish Coast Guard said on Sunday it had seized a tanker in the...

Trump says US operation will aid ships stranded in Strait of Hormuz

President Donald Trump said on Sunday the U.S. would start an effort on Monday...

Celestyal launches one-day flash sale with fares from 179€

Celestyal has announced a one-day-only flash sale, offering limited-time fares across a selection of...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President to continue her...

Tamara de Gruyter, President, Wärtsilä Energy Storage and Executive Vice President, and a member...

Stable cargo flows in the Port of Gothenburg despite mixed first-quarter performance

Container handling in the Port of Gothenburg continues to show positive development in terms of loaded cargo volumes. At the same time, the share...

PPA: Investment of 3.25 million euros

Piraeus Port Authority S.A. (PPA) announced the launch of works for the development of a new park featuring a model playground and a cycling...

Piraeus Port is resilient – Record performance and investments of 1.4 billion euros

The resilience and growth prospects of the Port of Piraeus, despite heightened geopolitical turbulence affecting shipping and transport, were highlighted by the Deputy CEO...

Panama Canal says $1 million-plus auction slots reflect temporary surge in demand

The Panama Canal Authority said on Thursday that some ships had recently paid more than $1 million for crossing slots at auction, but ​said...

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%

Throughput at the port of Rotterdam fell slightly by 0.7% in the first quarter of 2026 compared with the same period last year. Throughput...