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Sovcomflot Tankers Find Sanctions Refuge in the Bahamas

At least three tankers controlled by Russian maritime powerhouse Sovcomflot that have been unable to deliver their cargoes due to Western sanctions have re-routed...

Clarkson swings to profit in 2021

Clarkson PLC announced preliminary results for the 12 months ended 31 December 2021. Summary • Record underlying profit before taxation* of £69.4m (2020: £44.7m), an increase...

Drewry: Multipurpose Time Charter Index Up by 1.7% Feb

The Drewry Multipurpose Time Charter Index increased to $10,987 per day in February, representing a rise of 1.7% compared to the 2.2% rise seen...

Iron ore outlook more bullish than lower China growth target suggests

China’s lowering of its economic growth target for 2022 to 5.5% seems at first glance to be bearish for iron ore prices, but there...

U.S., Europeans discussing banning Russian oil imports

The United States and European partners are exploring banning Russian oil imports, U.S. Secretary of State Antony Blinken said on Sunday, but stressed the...

Baltic index gains on higher rates for all vessels

The Baltic Exchange’s dry bulk sea freight index rose on Monday, helped by higher rates in all vessel segments. The overall index, which factors...

Stolt-Nielsen confirms large shareholding in Odfjell

Stolt-Nielsen Limited (Oslo Børs ticker: SNI) has acquired 4,641 class A shares in Odfjell SE. Following the acquisition, Stolt-Nielsen Limited holds 3,285,441 class A shares...

Global Ship Lease Announces Partial Redemption of 8.00% Senior Notes Due 2024

Global Ship Lease announced that it has delivered notice of partial redemption of its 8.00% Senior Notes due 2024 to Wilmington Savings Fund Society,...

Seanergy: New $21.3 million Refinancing Facility

Seanergy reported that it has entered into a definitive agreement with a reputable Japanese lender to refinance the loan facilities secured by the 2012-built...

EuroDry Announces New Charter for Its M/V “Molyvos Luck”

EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for dry bulk cargoes, announced a new charter for its drybulk...

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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.

Genco Announces Q2 2026 Financial Results; Declares Dividend of $0.80 per Share for Q2 2026

Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...

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...

UK continues crackdown on Russia with tough new sanctions

Russian banks, shadow fleet ships and shady businesses have been slapped with UK sanctions...

Panama Canal Announces New Draft Adjustments for Neopanamax Locks

The Panama Canal Authority announced, through a notice to shipping companies, that effective August...

Iran Says Hormuz Shipping Route Announcement With Oman Nears

Iran and Oman have reached an understanding on the geographic coordinates for a shipping...

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...

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...