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Red Sea ship diversions boost bunker demand, prices in Africa, Mediterranean

The re-routing of a growing number of ships around Africa to avoid potential attacks in the Red Sea is altering refueling patterns and boosting...

Ukraine’s maritime grain exports to fall 20% m/m in Jan – source

Ukrainian maritime grain exports are expected to fall by around 20% in January from the previous month due to the crisis in the Red...

Iron ore rebounds on renewed hope of China stimulus

Iron ore futures prices rebounded on Thursday, aided by renewed hope of further stimulus from top consumer China following a speech from a state...

Baltic index snaps 8-day losing streak as larger vessel rates gain

The Baltic Exchange’s dry bulk sea freight index snapped aneight-day losing streak on Thursday as rates increased across larger vessel segments. The overall index, which...

ONE Orders First Methanol-Fueled Ships

Ocean Network Express (ONE), the world’s sixth-largest container carrier, has placed orders for the construction twelve 13,000 TEU methanol dual-fuel containerships. These will be the...

Suez Canal Transits Fall to Lowest Level Since Ever Given Grounding

Commercial ship transits through the Suez Canal dropped to the lowest level since the Ever Given blocked the waterway nearly three years ago, highlighting...

Maersk CEO sees Red Sea shipping disruption lasting ‘at least a few months’

Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably...

Iron ore futures prices retreat amid weak China data

Iron ore futures prices retreated on Wednesday as weak economic data from top consumer China weighed on investor sentiment. The benchmark February iron ore on...

Baltic index extends slide but higher panamax rates stem losses

The Baltic Exchange’s dry bulk sea freight index slipped for the eighth straight session to a four-month low on Wednesday, but a recovery in...

Toro Announces Sale of M/T Wonder Sirius

Toro, an international energy transportation services company, announced that on January 8, 2024, the Company entered into an agreement with an unaffiliated third-party for...

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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...