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Algoma Posts First Quarter Net Loss

Algoma Central Corporation reported its results for the three months ended March 31, 2022. Revenues increased 10% to $85,103, compared to $77,599 in 2021....

Singapore urges additional bunker fuel testing on fuel quality concerns

The Maritime and Port Authority of Singapore is encouraging marine fuel buyers to request additional testing to rule out quality issues that have plagued...

Gibson Weekly Tanker Market Report [W18]

In recent weeks, headline refining margins have surged to record levels, whilst clean tanker rates have also tested or exceeded previous records depending on...

Ceres invests in a fleet of 60 ships to carry CO2

Peter Livanos has announced an investment in Carbon Capture Utilization and Storage by Ceres Shipping, the flagship of Mr. Livano’s shipping group. The capture...

Germany Charters FSRUs to Boost LNG Imports to Replace Russian Gas

Germany took steps to ramp up liquefied natural gas (LNG) imports on Thursday as it moves away from piped Russian supply, renting four floating...

Costamare delivers strong results in first quarter

Costamare Inc. reported unaudited financial results for the first quarter ended March 31, 2022 (“Q1 2022”). I. RECORD PROFITABILITY IN A FIRST QUARTER SINCE...

Iron ore futures rise on optimism over China central bank support

Chinese iron ore and steel futures rose on Thursday after the country’s central bank said it would take monetary policy steps to help businesses...

CNOOC awards $2.4 bln LNG tanker building contracts

China National Offshore Oil Company (CNOOC) has awarded 16 billion yuan ($2.42 billion) worth of contracts to build 12 liquefied natural gas tankers, the...

OPEC+ sticks to modest oil output hike despite price rally

OPEC+ agreed on Thursday to another modest monthly oil output increase, arguing that the producer group could not be blamed for disruptions to Russian...

Baltic index hits over 1-month peak on stronger capesize, panamax rates

The Baltic Exchange’s main sea freight index rose to an over one-month high on Thursday, boosted by higher rates for capesize and panamax segments....

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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.

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.

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...

Shipping slows through Strait of Hormuz after tanker attacks, data shows

Shipping through the Strait of Hormuz slowed over the weekend, data showed on Monday,...

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...

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...

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...