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NORDEN reports net profit of USD 11 million (DKK 72 million) in Q1 2026

Net profit for the Group amounted to USD 11 million (DKK 72 million) in Q1 2026, driven by strong Tanker performance but offset by...

Odfjell SE 1Q26: Solid operational performance amid market uncertainty

Odfjell SE reported its results for the first quarter of 2026. The quarter saw further escalation of geopolitical volatility and uncertainty across global markets....

Excelerate Energy reports first quarter 2026 results

Excelerate Energy, reported its financial results for the first quarter ended March 31, 2026. RECENT HIGHLIGHTS Reported Net Income of $50.0 million for the first quarter Reported...

Genco Shipping & Trading Limited announces Q1 2026 financial results

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported its financial results for the...

Greek shipowners: Shipbuilding activity returns to 2007 levels

Greek shipowners’ newbuilding orders are moving at levels reminiscent of the pre-crisis boom of 2007, as a remarkable acceleration across all major vessel segments...

Beacon Tankers linked to suezmax order at Hengli

Hengli Heavy Industry has reportedly received an order from Beacon Tankers for the construction of two firm plus two optional 158,000 dwt Suezmax tankers. This...

Matson new vessel construction program marks two milestones

Matson, Inc. marked two milestones in its fleet renewal program with the beginning of hull assembly on the second of three new LNG powered...

DOF Group ASA – Contract award in the APAC region

DOF announced a Substantial* contract award for Subsea Commissioning Support services in the APAC Region. Skandi Inventor will be deployed for the execution of the...

DOF Group ASA – Awarded 12-year charter/services contracts for each of 4 x RSV newbuilds in Brazil

DOF Group ASA announced the award, following a competitive tender process, of 12-year long-term charter/services contracts for ROV Support Vessels in Brazil. The contracts...

Damen starts repair activities in Dakar

Damen Shipyards Group and the Senegalese Government have formed a joint venture (JV) to operate Damen Shiprepair Dakar on the West African coast. The...

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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...