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MSC collaborates with Chinese Research Institute to promote decarbonisation

MSC Mediterranean Shipping Company (MSC) has signed a Memorandum of Understanding (MoU) with the China Waterborne Transport Research Institute to jointly promote decarbonisation and...

Gibson Weekly Tanker Market Report [W40]

US crude production has averaged this summer some 600,000 bpd above the level seen in summer 2020...

VLCC Activity Scales Back Due to Holidays in the Far East

VLCC: The Far Eastern holidays meant that activity eased back this week, although there were a few reported fixtures in the Middle East and...

Iron ore prices remain under pressure from Chinese demand shock

Asian iron ore prices are set to continue to face downward pressure from Chinese steel output curbs and power shortages in the fourth quarter...

Capesize strength steers Baltic index to 13-year peak

The Baltic Exchange’s main dry bulk sea freight index extended its rally to a fresh 13-year peak on Thursday, as solid demand powered capesizes...

Castor Maritime Announces New Charter Agreements

Castor Maritime, a diversified global shipping company, announcesthat: The M/V Magic Orion, a 2006 built Capesize dry bulk carrier, has been fixed on a time...

TEN: Half-year revenues of $275 million despite challenging market

TEN reported results (unaudited) for the six months and second quarter ended June 30, 2021. SIX MONTHS 2021 SUMMARY RESULTS During the first half of...

Safe Bulkers Announces 3 Year Period Time Charter for Capesize

Safe Bulkers announced that it has entered into a new long-term period time charter for its 2014-built Japanese Capesize class vessel MV Lake Despina,...

Souring iron ore outlook set to persist into 2022

The outlook for iron ore prices has soured as China slashed steel production, one of its largest property developers fears and the country advanced...

Hyundai LNG Shipping tender wooing more candidates via auction

The tender for Hyundai LNG Shipping Co. is gaining heat after the leading LNG tanker operator recently bagged the largest-ever order in history of...

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BW LPG Limited – Update on BW LPG’s Product Services Q2 2026 segment performance

BW LPG provided an update on its Product Services’ (“BW Product Services”) Q2 2026 segment performance. Q2 2026 highlights: Gross trading result: – USD 19 million This...

DNB: Solid results driven by lending growth and high customer activity

DNB recorded profits after tax of NOK 9.8 billion in the second quarter of 2026.  “The level of activity in the Norwegian economy is high...

OOIL announces operational update for 2Q2026

The Board of Directors of Orient Overseas (International) Limited has adopted a policy of announcing unaudited operational updates for Orient Overseas Container Line (“OOCL”)...

Seanergy Maritime’s bond begins trading on Euronext Athens after raising 95.6 million euros

Seanergy Maritime Holdings’ corporate bond began trading on Euronext Athens on Tuesday, with Chairman and Chief Executive Officer Stamatis Tsantanis ringing the traditional opening...

Hapag-Lloyd raises annual outlook on strong demand, freight rates

German shipping firm Hapag-Lloyd on Monday raised its outlook ​for the financial year, citing strong market ‌demand and positive freight rate developments. Hapag-Lloyd said it...

Iran tells Houthis to close Red Sea gateway if U.S. hits power network

Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea...

MPC Capital to become MPC Oceanic Group

Hamburg-based MPC Capital AG announced it will change its name to MPC Oceanic Group...

Greek merchant fleet increased by 1.8% in May 2026

The Greek Merchant Fleet increased by 1.8% in May 2026 compared with May 2025,...

Russian attack on Ukraine’s Odesa kills three, official says

A Russian attack on Ukraine's ​Black Sea port city of ‌Odesa killed three, a...

Iran-linked vessels pass through Hormuz ahead of US blockade

The number of vessels transiting through the Strait of Hormuz ticked up on Tuesday,...

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)...

Port of Los Angeles records best June ever, tops 1 million container units

Dockworkers at the Port of Los Angeles moved 1,002,734 Twenty-Foot Equivalent Units (TEUs) in June, making it the busiest June in the Port's 118-year...

Port of Long Beach cargo up at year’s midpoint

Trade moving through the Port of Long Beach saw double-digit growth in June, running just ahead of last year’s record-setting pace halfway into 2026,...

Greek Shipping Minister visits Piraeus Port

Minister of Maritime Affairs and Insular Policy Vassilis Kikilias visited the Port of Piraeus on Tuesday ahead of the peak summer holiday travel period,...