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Russian oil: EU agrees compromise deal on banning imports

European Union leaders have agreed on a plan to block more than two-thirds of Russian oil imports. The ban is a compromise that will...

Iran’s Seizure of Greek Tankers Adds Risk to Key Oil Trading Route

Iran’s seizure of two Greek oil tankers in the Persian Gulf raises the risk of further interruptions to shipments from a region that’s a...

Iron ore hits 1-week high on China stimulus, easing COVID curbs

Iron ore futures in Dalian and Singapore climbed on Monday to their highest levels since May 23, extending a relief rally spurred by easing...

Unipec adds 10 vessels to transport crude from Russia

China’s largest trading company Unipec has added 10 ships this month to transport crude from Russia. Meanwhile, Shanghai authorities unveiled fresh policies to help...

China’s sabbatical from seaborne coal market hints at emphasis on self-reliance

Even though China’s reliance on coal-fired power is not seen falling anytime soon, indications from data and policy makers suggest that the world’s largest...

Baltic index down for fifth session on rates for larger vessels

The Baltic Exchange’s main sea freight index on Monday extended its decline for a fifth straight session, pressured by weaker rates for capesize and...

Gram Car Carriers signs 6-year TC for Viking Passama

Gram Car Carriers announced that the company has signed a six-year contract with Armacup Ltd. the mid-size vessel MV Viking Passama (5,000 CEU), until...

Imperial Petroleum acquires suezmax duo

Imperial Petroleum announced it has acquired two suezmax tankers from an unaffiliated third party at the price of $46.8 million. The vessels were built in...

Iran moves two seized Greek tankers to Bandar Abbas

The two Greek tankers seized by Iran’s Revolutionary Guards on Friday have been ordered to sail to Bandar Abbas on the southern coast of...

Dorian LPG sees drop in quarterly earnings as bunker prices hit rate returns

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers, reported its financial results for the three months and fiscal...

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C3is announces reverse stock split

C3is Inc. announced that its board of directors has determined to effect a one-for-forty (1-for-40) reverse stock split of the Company’s common stock, par...

Rubico announces financial results for the six months ended June 30, 2026

Rubico Inc. a global provider of shipping transportation services specializing in the ownership of vessels, announced today its financial results for the six months...

Ocean Yield announces Q2 and H1 2026 results

Ocean Yield AS announces results for the second quarter and first half year 2026. Highlights EBITDA for Q2 2026 was USD 47.7 million and Adjusted EBITDA...

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.

Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

U.S. ​President Donald Trump said on Tuesday no talks were taking place with Iran...

Cameroon-flagged cargo ship seized by pirates off Somalia

A general cargo vessel sailing under the flag of Cameroon was boarded and seized...

A.P. Moller Capital agrees to acquire a majority stake in leading Moroccan logistics company...

Globex is an established leader in the Moroccan transportation and logistics sector, underpinned by...

Maersk appoints Bruno Plantaz as new Global Head of Solutions

A.P. Moller - Maersk has appointed Bruno Plantaz as new Global Head of...

Carnival Corporation among America’s Best Employers for Women 2026

Carnival Corporation, the world’s largest cruise company, announced it was named to the 9th...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

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...