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Dorian LPG declares $1 dividend after surge in Q1 profits

Dorian LPG reported its financial results for the three months ended June 30, 2022, and announced that its Board of Directors has declared an...

Iron ore sags as China property woes eclipse rebound in steel profits

Dalian and Singapore iron ore futures fell on Wednesday as a crisis engulfing property developers in China, the world’s top steel producer, outweighed improving...

China, Greece vow to further deepen mutually beneficial cooperation

China and Greece on Wednesday pledged to further deepen mutually beneficial cooperation and jointly work toward better bilateral relations for the next 50 years....

Baltic index slides to 6-month low as vessel rates falter

The Baltic Exchange’s main sea freight index dropped to its lowest since February on Wednesday, extending its decline to the eighth day, on lower...

Iron ore edges higher as China steel margins recover

Dalian and Singapore iron ore futures rose in a volatile session on Tuesday, as traders focused on improving steel margins in top steel producer...

Petronas, South Korean companies exploring CCS opportunities

Petronas has signed a memorandum of understanding (MoU) with six South Korean companies to undertake conceptual and feasibility studies towards establishing a full value...

Bahri signs MoUs with Dynacom and SeaTraders

Bahri, a global leader in logistics and transportation, has signed two Memoranda of Understanding (MoUs) with Greek maritime firms Dynacom and SeaTraders to further...

U.S. LNG exports fall further after explosion, Europe takes bigger slice

U.S. exports of liquefied natural gas (LNG) fell for second consecutive month in July, weighed down by the processing halt at a fire-hit Texas...

Maersk lifts 2022 guidance as congested supply chain boosts rates

Shipping group Maersk has raised its 2022 profit guidance after beating second-quarter revenue expectations as congested global supply chains boosted freight rates. “Congestion in...

Intermodal Weekly Market Report [W30]

Amid Europe’s effort to cut its dependence on Russian gas, LNG has currently become the most geopolitically important fuel...

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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...

Samudera Shipping reports lower y-o-y net profit despite higher revenue for 1HFY2026

Mainboard-listed Samudera Shipping has reported a 20.5% y-o-y dip in net profit to US$33.2 ($42.9) million for 1HFY2026 ended June 30 in a bourse...

Performance Shipping reports financial results for the second quarter and six months ended June 30

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, reported net income of $11.9 million and net income attributable...

Capital Clean Energy Carriers announces second quarter 2026 financial results

Capital Clean Energy Carriers Corp., an international owner of ocean-going vessels, released its financial results for the second quarter ended June 30, 2026. Key Highlights Took delivery...

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...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

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)...