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Hapag-Lloyd spending big money on fleet, eyes port investment

German container shipper Hapag-Lloyd is spending billions on expanding and renewing its fleet and looking at investing in more port infrastructure to extend its...

CMA CGM expects shipping slowdown after another strong quarter

Weakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly...

British port workers plan two-week strike from Sept. 19

More than 560 dockworkers at the Port of Liverpool, one of Britain’s largest container docks, will go on strike from Sept. 19 to Oct....

Intermodal Weekly Tanker Market Report [W35]

Amidst widespread price increases, it is not surprising that tanker asset values have also been rising...

Iraq exports over 100 mln barrels of crude oil in August

Iraq exported 101.85 million barrels of crude oil in August with revenues of 9.78 billion U.S. dollars, said the Iraqi Oil Ministry on Thursday....

Excelerate Energy Signs Term Sheet to Deploy an FSRU to Germany

Excelerate Energy announced that on August 25, 2022, the Company and ENGIE signed a term sheet for the deployment of a floating storage and...

Istanbul Strait traffic halted as ship from Ukraine runs aground

Maritime traffic through the Istanbul Strait was suspended on Thursday after a ship coming from Ukraine malfunctioned. Lady Zehma, a 173-meter-long (567-foot-long) vessel, ran aground...

Seadrill announces sale of seven jack-ups

Seadrill announced that it has entered into a binding Share Purchase Agreement with subsidiaries of ADES Arabia Holding Ltd. to sell the legal entities...

Wärtsilä engines selected for new Articulated Tug Barges

The technology group Wärtsilä will supply the engines for two new Articulated Tug Barges (ATBs), designed by Robert Allan Ltd and built by Estaleiro...

Baltic index bounces back as capesize sees best day in over 2-yrs

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday after rates for bigger vessel segments...

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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...

Bahri reports record net profit of SAR 2.75 billion for Q2 2026

The National Shipping Company of Saudi Arabia (Bahri), the Kingdom’s leading shipping and logistics company, announced its financial results for the second quarter and...

Scorpio Tankers announces financial results for the second quarter of 2026 and the declaration of a dividend

Scorpio Tankers Inc. reported its results for the three and six months ended June 30, 2026. The Company also announced that its board of...

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...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

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...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...