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Baltic index hits over 11-month peak on capesize strength

The Baltic Exchange’s main dry bulk sea freight index rose to its highest in over 11-month on Tuesday, steered by robust demand in the...

Scorpio Tankers takes options to buy back over 20 ships

In a relevant SEC filing, Scorpio Tankers announced extensive vessel repurchases via sale and leaseback arrangements, including for the 2016-built LR2 product tanker STI...

LR, Cargill, Minerva Dry & NACKS to develop new energy efficient, methanol ready Kamsarmax bulker

Lloyd’s Register (LR), Cargill International, Minerva Dry Inc. and Nantong COSCO KHI Ship Engineering Co Ltd (NACKS) have collaborated on the design of a...

Petrobras gets permit to drill at key offshore area

Petroleo Brasileiro SA received a permit to research oil in a promising offshore region in Brazil’s Northeast as the energy giant seeks to open...

Hapag-Lloyd Christens New Dual-Fuel Mega Containership ‘Berlin Express’

Hapag-Lloyd officially welcomed into its fleet the “Berlin Express”, the first ship of its new Hamburg Express class. At an event attended by some...

Asia’s crude oil imports slip in Sept as price hike bites

Asia’s crude oil imports slipped for a second consecutive month in September as refinery maintenance trimmed demand and the impact of higher prices started...

MSC to buy 50% stake in Italian passenger rail group Italo

Shipping group MSC has entered into a binding agreement to acquire a 50% stake in Italian passenger rail operator Italo, owned by U.S.-based Global...

Higher capesize rates drive Baltic index higher

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday, aided by firm capesize rates. The overall...

Alma Clean Power, Odfjell, DNV to start testing of power system with SOFC for deep-sea shipping

At the Singapore Norway Innovation Conference (SNIC) 28th-29th of September, Alma Clean Power, Odfjell and DNV announced a new milestone in the development of...

TOP Ships Announces Reverse Stock Split

TOP Ships announced that it has determined to effect a 1-for-12 reverse stock split of the Company’s issued common shares. The Company’s shareholders approved the...

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Okeanis Eco Tankers Posts Unaudited Financial Statements for 2Q2026 and 1H2026

Okeanis Eco Tankers reported its unaudited condensed financial results for the second quarter and six-month period of 2026. Financial performance of the Second Quarter Ended...

Norwegian Cruise Line Holdings Reports Second Quarter 2026 Financial Results

Norwegian Cruise Line Holdings reported financial results for the second quarter ended June 30, 2026 and provided guidance for the third quarter and full...

United Maritime reports Q2 and H1 2026 results – Strategic fleet repositioning into Capesize Vessels

United Maritime Corporatio, announced its financial results for the second quarter and six months ended June 30, 2026. The Company also declared a quarterly...

Seanergy Maritime reports second quarter and first-half 2026 financial results

Seanergy Maritime Holdings Corp., a leading pure-play Capesize owner and operator, reported its financial results for the second quarter and six months ended June...

Diana Shipping reports Q2 & H1 2026 results and declares cash dividend of $0.01 per common share for the Q2

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, reported net income of $20.8 million...

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...

EU Forces Board Sanctioned Russian ‘Shadow Fleet’ Tanker

An EU naval mission led by Italy boarded a tanker from Russia’s so-called “shadow...

Two Tankers With Saudi Oil Exit Red Sea Over Weekend

Two tankers laden with Saudi oil crossed the Bab el-Mandeb strait over the weekend,...

Teekay Corporation second quarter 2026 update

Teekay Corporation Ltd. provided an update for the three months ended June 30, 2026,...

WALLENIUS SOL acquires vessels from Royal Wagenborg and signs long-term CoA with Smurfit Westrock

WALLENIUS SOL has announced the acquisition of two RoRo vessels from Royal Wagenborg, Bothniaborg...

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...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...